Capital Bancorp's latest quarterly dividend was on May 3, 2024 (ex-date) with a payout of $0.08 per share. On an annualized basis, the company has a current payout of $0.32 per share. This brings the dividend yield to 1.23% based on its recent close price.
CBNK has a dividend yield of 1.23% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.85%, Capital Bancorp's dividend yield is 57% lower.
Capital Bancorp has been paying dividends since 2021. CBNK has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 33% for the last twelve months. And with the price of the stock up by 31% from a year ago, the dividend yield has increased by 1.8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 3, 2024 | May 22, 2024 | Apr 22, 2024 | $0.08 | normal |
| Feb 2, 2024 | Feb 21, 2024 | Jan 22, 2024 | $0.08 | normal |
| Nov 3, 2023 | Nov 22, 2023 | Oct 23, 2023 | $0.08 | normal |
| Aug 4, 2023 | Aug 23, 2023 | Jul 21, 2023 | $0.08 | normal |
| May 12, 2023 | May 31, 2023 | May 2, 2023 | $0.06 | normal |
| Feb 3, 2023 | Feb 22, 2023 | Jan 26, 2023 | $0.06 | normal |
| Nov 4, 2022 | Nov 23, 2022 | Oct 26, 2022 | $0.06 | normal |
| Aug 5, 2022 | Aug 24, 2022 | Jul 25, 2022 | $0.06 | normal |
| May 6, 2022 | May 25, 2022 | Apr 25, 2022 | $0.05 | normal |
| Feb 7, 2022 | Feb 23, 2022 | Jan 26, 2022 | $0.05 | normal |
| Nov 12, 2021 | Nov 30, 2021 | Nov 4, 2021 | $0.05 | normal |
| Jul 29, 2021 | Aug 16, 2021 | Jul 27, 2021 | $0.05 | normal |
CBNK has a payout ratio of 13.7% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 41.2%, Capital Bancorp's payout ratio is 67% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BRKL Brookline Bancorp Inc | 5.14% | $0.54 | 58.1% |
| BHLB Berkshire Hills Bancorp Inc | 2.57% | $0.72 | 144% |
| CBNK Capital Bancorp Inc | 1.24% | $0.32 | 13.7% |
Yes, Capital Bancorp has been paying dividends for the last three years.
CBNK's next dividend date is Aug 5, 2024 (ex-date).
Capital Bancorp's last regular dividend was on May 3, 2024 (ex-date) with the amount of $0.08 per share.
CBNK's annualized dividend per share is $0.32.
The current dividend yield of Capital Bancorp is 1.23%.
Capital Bancorp pays four dividends per year.
The dividend payout ratio of Capital Bancorp is 13.7%.
Capital Bancorp's dividend yield is lower than the Financial Services sector average.