CZFS Citizens Financial Services dividend history, payout ratio & dates
Citizens Financial Services's latest cash dividend of $0.49 per share was issued to shareholders on record before Sep 13, 2024. The dividend distribution stands at $1.95 per share annually, which comes to a dividend yield of 2.75%.
Key dates
- CZFS last dividend date: Sep 13, 2024
CZFS dividend stats
vs. Financial Services sector
Dividend yield
CZFS has a dividend yield of 2.75% which is above the Financial Services sector average but below the industry and its peers average. If we compare it with its Financial Services sector average of 2.58%, Citizens Financial Services's dividend yield is 7% higher. The current dividend yield is similar to the historical average of 2.8% of the last 5 years.
Dividend history
Citizens Financial Services has been paying dividends for the last 23 years. Our records show that CZFS has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 1.5% since twelve months ago. However with the price of the stock up by 28% from a year ago, the dividend yield has a decrease of 20%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.49 | 3.48% |
| Jun 14, 2024 | $0.49 | 4.59% |
| Mar 14, 2024 | $0.485 | 4.72% |
| Dec 14, 2023 | $0.485 | 3.03% |
| Sep 14, 2023 | $0.485 | 3.85% |
| Jun 8, 2023 | $0.48 | 2.13% |
| Mar 9, 2023 | $0.48 | 2.48% |
| Dec 15, 2022 | $0.475 | 1.89% |
| Sep 15, 2022 | $0.475 | 1.25% |
| Jun 9, 2022 | $0.47 | 0.68% |
Citizens Financial Services dividend payout ratio
Payout ratio
CZFS has a payout ratio of 33.5% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 44%, Citizens Financial Services's payout ratio is 24% lower.
Total amount of dividends paid per financial year (from cash flow)
CZFS dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CMA Comerica Inc | 4.12% | $2.84 | 70.5% |
| RF Regions Financial Corp | 3.63% | $0.97 | 54.8% |
| HBAN Huntington Bancshares Inc | 3.52% | $0.62 | 59.6% |
| PNC Pnc Financial Services Group Inc | 3.06% | $6.3 | 53.2% |
| FITB Fifth Third Bancorp | 3.01% | $1.42 | 47% |
| ZION Zions Bancorporation National Association | 2.81% | $1.66 | 37.8% |
| CZFS Citizens Financial Services, Inc. | 2.75% | $1.95 | 33.5% |
| EWBC East West Bancorp Inc | 2.06% | $2.2 | 27.6% |
| WAL Western Alliance Bancorporation | 1.63% | $1.49 | 22.9% |
Frequently asked questions
Does Citizens Financial Services pay a dividend?
Yes, Citizens Financial Services has paid four dividends in the last twelve months. CZFS has been paying dividends since 2001.
When was CZFS's last dividend?
Citizens Financial Services's last dividend ex-date was on Sep 13, 2024. The dividend amount was $0.49 per share.
How much dividend does Citizens Financial Services pay (per share)?
On an annual basis CZFS pays $1.95 per share.
What is Citizens Financial Services's dividend yield?
The current dividend yield of Citizens Financial Services is 2.75%.
How often does Citizens Financial Services pay dividends?
Citizens Financial Services pays four dividends per year.
What is Citizens Financial Services's dividend payout ratio?
The dividend payout ratio of Citizens Financial Services is 33.5%.
Does Citizens Financial Services pay a good dividend?
Citizens Financial Services's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.