BWFG Bankwell Financial Group dividend history, payout ratio & dates
Bankwell Financial Group's last cash dividend of $0.2 per share was issued to shareholders on record before Nov 8, 2024. The dividend payment stands at $0.8 per share annually, which equates to a dividend yield of 2.47%.
Key dates
- BWFG last dividend date: Nov 8, 2024
BWFG dividend stats
vs. Financial Services sector
Dividend yield
BWFG has a dividend yield of 2.47% which is lower than the Financial Services sector, the industry and its peers average. But if we consider the Financial Services sector average of 2.58%, Bankwell Financial Group's dividend yield is only 4.3% lower. The current dividend yield is less than the historical average of 2.7% of the last 5 years.
Dividend history
Bankwell Financial Group has been paying dividends for the last nine years. According to our records BWFG has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However with the stock price up by 20% from a year ago, the dividend yield has decreased by 17%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 8, 2024 | $0.2 | 2.6% |
| Aug 12, 2024 | $0.2 | 3.12% |
| May 9, 2024 | $0.2 | 3.33% |
| Feb 12, 2024 | $0.2 | 3.02% |
| Nov 9, 2023 | $0.2 | 3.14% |
| Aug 11, 2023 | $0.2 | 2.86% |
| May 11, 2023 | $0.2 | 3.66% |
| Feb 10, 2023 | $0.2 | 2.58% |
| Nov 9, 2022 | $0.2 | 2.65% |
| Aug 12, 2022 | $0.2 | 2.32% |
| May 12, 2022 | $0.2 | 2.21% |
| Feb 11, 2022 | $0.2 | 2.06% |
| Nov 10, 2021 | $0.18 | 2% |
| Aug 13, 2021 | $0.18 | 1.93% |
| May 13, 2021 | $0.14 | 1.96% |
| Feb 11, 2021 | $0.14 | 2.75% |
| Nov 12, 2020 | $0.14 | 3.26% |
| Aug 13, 2020 | $0.14 | 3.47% |
| May 15, 2020 | $0.14 | 3.87% |
| Feb 13, 2020 | $0.14 | 1.83% |
| Nov 14, 2019 | $0.13 | 1.81% |
| Aug 15, 2019 | $0.13 | 2.01% |
| May 13, 2019 | $0.13 | 1.73% |
| Feb 14, 2019 | $0.13 | 1.65% |
| Nov 15, 2018 | $0.12 | 1.61% |
| Aug 16, 2018 | $0.12 | 1.37% |
| May 14, 2018 | $0.12 | 1.25% |
| Feb 23, 2018 | $0.12 | 1.01% |
| Nov 16, 2017 | $0.07 | 0.83% |
| Aug 11, 2017 | $0.07 | 0.88% |
| May 12, 2017 | $0.07 | 0.71% |
| Feb 15, 2017 | $0.07 | 0.75% |
| Nov 16, 2016 | $0.07 | 1.01% |
| Aug 12, 2016 | $0.05 | 0.91% |
| May 12, 2016 | $0.05 | 0.69% |
| Feb 10, 2016 | $0.05 | 0.51% |
| Dec 9, 2015 | $0.05 | 0.25% |
Bankwell Financial Group dividend payout ratio
Payout ratio
BWFG has a payout ratio of 40.8% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 44%, Bankwell Financial Group's payout ratio is 7% lower.
Total amount of dividends paid per financial year (from cash flow)
BWFG dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 6.12% | $2.24 | 83.9% |
| FNLC First Bancorp Inc | 4.97% | $1.42 | 59.2% |
| UNB Union Bankshares Inc | 4.64% | $1.44 | 73.8% |
| BHB Bar Harbor Bankshares | 3.33% | $1.18 | 42.4% |
| WBS Webster Financial Corp | 2.65% | $1.6 | 36.2% |
| BWFG Bankwell Financial Group Inc | 2.47% | $0.8 | 40.8% |
Frequently asked questions
Does Bankwell Financial Group pay a dividend?
Yes, Bankwell Financial Group has been paying dividends for the last nine years.
When was BWFG's last dividend?
Bankwell Financial Group's last regular dividend was on Nov 8, 2024 (ex-date) with the amount of $0.2 per share.
How much dividend does Bankwell Financial Group pay (per share)?
On an annual basis BWFG pays $0.8 per share.
What is Bankwell Financial Group's dividend yield?
The current dividend yield of Bankwell Financial Group is 2.47%.
How often does Bankwell Financial Group pay dividends?
Bankwell Financial Group pays four dividends per year.
What is Bankwell Financial Group's dividend payout ratio?
The dividend payout ratio of Bankwell Financial Group is 40.8%.
Does Bankwell Financial Group pay a good dividend?
Bankwell Financial Group's dividend yield is in line with the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.