Civista Bancshares's last quarterly dividend of $0.16 per share was on Aug 7, 2023 (ex-date). At an annualized rate of $0.59 per share, the stock yields 3.78%. The latest CIVB payout of $0.16 marks a dividend growth of 7%.
Civista Bancshares's dividend yield of 3.78% is lower than the industry average. Historically CIVB's dividend yield has averaged at 2.4% in the last 5 years, which is lower than the current one.
Civista Bancshares has a dividend history dating as far as 2001, but when it comes to recent years the company has recorded 12 consecutive years of dividend payments. Our records of CIVB show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 5% since one year ago. And with the stock price down by 26% from a year ago, the dividend yield marks an increase of 43%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 7, 2023 | Aug 22, 2023 | Jul 27, 2023 | $0.16 | normal |
| May 8, 2023 | May 24, 2023 | Apr 28, 2023 | $0.15 | normal |
| Feb 13, 2023 | Mar 1, 2023 | Feb 3, 2023 | $0.14 | normal |
| Nov 7, 2022 | Nov 22, 2022 | Oct 28, 2022 | $0.14 | normal |
| Aug 8, 2022 | Aug 23, 2022 | Jul 29, 2022 | $0.14 | normal |
| May 9, 2022 | May 25, 2022 | Apr 29, 2022 | $0.14 | normal |
| Feb 14, 2022 | Mar 1, 2022 | Feb 4, 2022 | $0.14 | normal |
| Oct 18, 2021 | Nov 1, 2021 | Oct 8, 2021 | $0.14 | normal |
| Jul 19, 2021 | Aug 2, 2021 | Jul 9, 2021 | $0.14 | normal |
| Apr 19, 2021 | May 1, 2021 | Apr 9, 2021 | $0.12 | normal |
| Jan 15, 2021 | Feb 1, 2021 | Jan 8, 2021 | $0.12 | normal |
| Oct 19, 2020 | Nov 1, 2020 | Oct 9, 2020 | $0.11 | normal |
| Jul 20, 2020 | Aug 1, 2020 | Jul 10, 2020 | $0.11 | normal |
| Apr 20, 2020 | May 1, 2020 | Apr 10, 2020 | $0.11 | normal |
| Jan 17, 2020 | Feb 1, 2020 | Jan 10, 2020 | $0.11 | normal |
| Oct 21, 2019 | Nov 1, 2019 | Oct 11, 2019 | $0.11 | normal |
| Jul 22, 2019 | Aug 1, 2019 | Jul 12, 2019 | $0.11 | normal |
| Apr 22, 2019 | May 1, 2019 | Apr 12, 2019 | $0.11 | normal |
| Jan 18, 2019 | Feb 1, 2019 | Jan 11, 2019 | $0.09 | normal |
| Oct 22, 2018 | Nov 1, 2018 | Oct 12, 2018 | $0.09 | normal |
| Jul 23, 2018 | Aug 1, 2018 | Jul 13, 2018 | $0.09 | normal |
| Apr 23, 2018 | May 1, 2018 | Apr 13, 2018 | $0.07 | normal |
| Jan 22, 2018 | Feb 1, 2018 | Jan 12, 2018 | $0.07 | normal |
| Oct 16, 2017 | Nov 1, 2017 | Oct 6, 2017 | $0.07 | normal |
| Jul 14, 2017 | Aug 1, 2017 | Jul 7, 2017 | $0.06 | normal |
| Apr 13, 2017 | May 1, 2017 | Apr 7, 2017 | $0.06 | normal |
| Jan 19, 2017 | Feb 1, 2017 | Jan 13, 2017 | $0.06 | normal |
| Oct 14, 2016 | Nov 1, 2016 | Oct 7, 2016 | $0.06 | normal |
| Jul 15, 2016 | Aug 1, 2016 | Jul 8, 2016 | $0.06 | normal |
Civista Bancshares's payout ratio of 19.9% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 33.5%, Civista Bancshares's payout ratio is 41% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HTBK Heritage Commerce Corp | 6.15% | $0.52 | 42.6% |
| CIVB Civista Bancshares Inc | 3.78% | $0.59 | 19.9% |
| SRCE 1St Source Corp | 3.06% | $1.28 | 25% |
| BANF Bancfirst Corp | 1.87% | $1.63 | 23.8% |
Yes, Civista Bancshares has been paying dividends for the last 12 years.
Currently CIVB's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2023.
Civista Bancshares's last dividend ex-date was on Aug 7, 2023. The dividend amount was $0.16 per share.
CIVB's annualized dividend per share is $0.59.
Civista Bancshares's current dividend yield is 3.78%.
Civista Bancshares pays dividends quarterly.
Civista Bancshares's dividend payout ratio is 19.9%.
Civista Bancshares's dividend yield is in line with the Financial Services sector average.