Bankwell Financial Group's last cash dividend of $0.2 per share was issued to shareholders on record before Aug 12, 2024. The dividend payment stands at $0.8 per share annually, which equates to a dividend yield of 2.71%.
BWFG has a dividend yield of 2.71% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.94%, Bankwell Financial Group's dividend yield is 8% lower. The current dividend yield is in line with the historical average of 2.7% of the last 5 years.
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 19% from a year ago, the dividend yield has decreased by 16%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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% |
BWFG has a payout ratio of 26.9% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 42.9%, Bankwell Financial Group's payout ratio is 37% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
WASH Washington Trust Bancorp Inc | 7.13% | $2.24 | 83.6% |
FNLC First Bancorp Inc | 5.61% | $1.42 | 59.4% |
UNB Union Bankshares Inc | 5.55% | $1.44 | 64.9% |
BHB Bar Harbor Bankshares | 3.99% | $1.16 | 42.8% |
WBS Webster Financial Corp | 3.47% | $1.6 | 34.7% |
BWFG Bankwell Financial Group Inc | 2.71% | $0.8 | 26.9% |
Yes, Bankwell Financial Group has been paying dividends for the last nine years.
Bankwell Financial Group's last regular dividend was on Aug 12, 2024 (ex-date) with the amount of $0.2 per share.
On an annual basis BWFG pays $0.8 per share.
The current dividend yield of Bankwell Financial Group is 2.71%.
Bankwell Financial Group pays four dividends per year.
The dividend payout ratio of Bankwell Financial Group is 26.9%.
Bankwell Financial Group's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.