ESSA Bancorp's most recent quarterly dividend payment of $0.15 per share was made to shareholders on record before Sep 14, 2023. The payout stands at $0.6 per share annually, which works out to a dividend yield of 3.93%.
ESSA Bancorp's dividend yield of 3.93% is above the Financial Services sector average but below the industry average. But if we consider its Financial Services sector average of 3.78%, ESSA Bancorp's dividend yield is only 4% higher. The current dividend yield is more than the historical average of 2.9% of the last 5 years.
ESSA Bancorp has been paying dividends for the last 15 years. According to our data ESSA has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 11% for the last year. And since the stock price has gone down by 26% from a year ago, the dividend yield has increased by 49%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 14, 2023 | Sep 29, 2023 | Aug 23, 2023 | $0.15 | normal |
| Jun 15, 2023 | Jun 30, 2023 | May 24, 2023 | $0.15 | normal |
| Mar 15, 2023 | Mar 31, 2023 | Mar 2, 2023 | $0.15 | normal |
| Dec 15, 2022 | Dec 30, 2022 | Nov 17, 2022 | $0.15 | normal |
| Sep 15, 2022 | Sep 30, 2022 | Aug 24, 2022 | $0.15 | normal |
| Jun 15, 2022 | Jun 30, 2022 | Jun 6, 2022 | $0.15 | normal |
| Mar 15, 2022 | Mar 31, 2022 | Feb 22, 2022 | $0.12 | normal |
| Dec 15, 2021 | Dec 30, 2021 | Nov 16, 2021 | $0.12 | normal |
| Sep 15, 2021 | Sep 30, 2021 | Aug 25, 2021 | $0.12 | normal |
| Jun 15, 2021 | Jun 30, 2021 | May 26, 2021 | $0.12 | normal |
| Mar 15, 2021 | Mar 31, 2021 | Feb 25, 2021 | $0.12 | normal |
| Dec 15, 2020 | Dec 30, 2020 | Dec 4, 2020 | $0.11 | normal |
| Sep 15, 2020 | Sep 30, 2020 | Aug 26, 2020 | $0.11 | normal |
| Jun 15, 2020 | Jun 30, 2020 | May 19, 2020 | $0.11 | normal |
| Mar 13, 2020 | Mar 31, 2020 | Feb 25, 2020 | $0.11 | normal |
| Dec 13, 2019 | Dec 30, 2019 | Nov 21, 2019 | $0.11 | normal |
| Sep 13, 2019 | Sep 30, 2019 | Aug 29, 2019 | $0.1 | normal |
| Jun 13, 2019 | Jun 28, 2019 | May 28, 2019 | $0.1 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Feb 26, 2019 | $0.1 | normal |
| Dec 13, 2018 | Dec 28, 2018 | Nov 9, 2018 | $0.1 | normal |
| Sep 13, 2018 | Sep 30, 2018 | Aug 28, 2018 | $0.09 | normal |
| Jun 14, 2018 | Jun 30, 2018 | May 22, 2018 | $0.09 | normal |
| Mar 15, 2018 | Mar 30, 2018 | Feb 27, 2018 | $0.09 | normal |
| Dec 14, 2017 | Dec 30, 2017 | Nov 10, 2017 | $0.09 | normal |
| Sep 14, 2017 | Sep 30, 2017 | Aug 22, 2017 | $0.09 | normal |
| Jun 14, 2017 | Jun 30, 2017 | May 30, 2017 | $0.09 | normal |
| Mar 14, 2017 | Mar 30, 2017 | Mar 6, 2017 | $0.09 | normal |
| Dec 14, 2016 | Dec 30, 2016 | Nov 16, 2016 | $0.09 | normal |
| Sep 14, 2016 | Sep 30, 2016 | Aug 30, 2016 | $0.09 | normal |
ESSA Bancorp's payout ratio of 29.6% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 33.4%, ESSA Bancorp's payout ratio is 11% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWBI Northwest Bancshares Inc | 8.03% | $0.8 | 73.4% |
| PFS Provident Financial Services Inc | 6.31% | $0.96 | 43.4% |
| ESSA ESSA Bancorp Inc | 3.93% | $0.6 | 29.6% |
Yes, ESSA Bancorp has been paying dividends for the last 15 years.
Currently ESSA's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2023.
ESSA Bancorp's last dividend ex-date was on Sep 14, 2023. The dividend amount was $0.15 per share.
ESSA's annualized dividend per share is $0.6.
Currently ESSA Bancorp's dividend yield is 3.93%.
ESSA Bancorp pays four dividends per year.
The dividend payout ratio of ESSA Bancorp is 29.6%.
ESSA Bancorp's dividend yield is similar to the Financial Services sector average.