Eagle Bancorp's latest quarterly cash dividend of $0.45 per share was issued to shareholders on record before Apr 17, 2024. The dividend distribution stands at $1.8 per share annually, which comes to a dividend yield of 8.77%.
Eagle Bancorp's dividend yield of 8.77% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.56%, Eagle Bancorp's dividend yield is 146% higher. The current dividend yield is above the historical average of 4.2% of the last 5 years.
Eagle Bancorp has a dividend history dating as far as 2005, but consistently the company has been paying dividends for the last five consecutive years. Our records show that EGBN has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock down by 33% from a year ago, the dividend yield has grown by 50%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 17, 2024 | Apr 30, 2024 | Mar 28, 2024 | $0.45 | normal |
| Jan 10, 2024 | Jan 31, 2024 | Dec 19, 2023 | $0.45 | normal |
| Oct 19, 2023 | Oct 31, 2023 | Sep 27, 2023 | $0.45 | normal |
| Jul 19, 2023 | Jul 28, 2023 | Jun 29, 2023 | $0.45 | normal |
| Apr 5, 2023 | Apr 28, 2023 | Mar 16, 2023 | $0.45 | normal |
| Jan 4, 2023 | Jan 31, 2023 | Dec 14, 2022 | $0.45 | normal |
| Oct 6, 2022 | Oct 31, 2022 | Sep 20, 2022 | $0.45 | normal |
| Jul 8, 2022 | Jul 29, 2022 | Jun 16, 2022 | $0.45 | normal |
| Apr 8, 2022 | Apr 29, 2022 | Mar 21, 2022 | $0.4 | normal |
| Jan 18, 2022 | Jan 31, 2022 | Nov 17, 2021 | $0.4 | normal |
| Oct 20, 2021 | Nov 1, 2021 | Sep 29, 2021 | $0.4 | normal |
| Jul 21, 2021 | Aug 2, 2021 | Jun 30, 2021 | $0.35 | normal |
| Apr 20, 2021 | May 3, 2021 | Mar 31, 2021 | $0.25 | normal |
| Jan 7, 2021 | Feb 1, 2021 | Dec 17, 2020 | $0.22 | normal |
| Oct 14, 2020 | Oct 31, 2020 | Sep 23, 2020 | $0.22 | normal |
| Jul 14, 2020 | Jul 31, 2020 | Jun 24, 2020 | $0.22 | normal |
| Apr 14, 2020 | Apr 30, 2020 | Mar 25, 2020 | $0.22 | normal |
| Jan 14, 2020 | Jan 31, 2020 | Dec 18, 2019 | $0.22 | normal |
| Oct 11, 2019 | Oct 31, 2019 | Sep 25, 2019 | $0.22 | normal |
| May 30, 2019 | Jun 14, 2019 | May 15, 2019 | $0.22 | normal |
Eagle Bancorp's payout ratio of 54.4% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 39.5%, Eagle Bancorp's payout ratio is 38% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EGBN Eagle Bancorp Inc | 8.77% | $1.8 | 54.4% |
| SASR Sandy Spring Bancorp Inc | 6.82% | $1.36 | 49.6% |
| SHBI Shore Bancshares Inc | 4.72% | $0.48 | 114.3% |
| MTB M&T Bank Corp | 3.73% | $5.2 | 32.8% |
Yes, Eagle Bancorp has paid four dividends in the last twelve months. EGBN has been paying dividends since 2019.
EGBN hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in July 2024.
Eagle Bancorp's last regular dividend was on Apr 17, 2024 (ex-date) with the amount of $0.45 per share.
On an annual basis EGBN pays $1.8 per share.
The current dividend yield of Eagle Bancorp is 8.77%.
Eagle Bancorp pays four dividends per year.
Eagle Bancorp's dividend payout ratio is 54.4%.
Eagle Bancorp's dividend yield is above the Financial Services sector average.