First Financial Northwest's latest quarterly dividend of $0.12 per share was on Dec 1, 2022 (ex-date). The annualized dividend distribution of $0.48 per share represents a current dividend yield of 3.14%.
First Financial Northwest's dividend yield of 3.14% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.61%, First Financial Northwest's dividend yield is 20% higher. The historical 5-year average of FFNW's dividend yield is 2.7%, which is below the current yield.
First Financial Northwest has a dividend history dating as far as 2008, but lately the company has recorded nine consecutive years of dividend payments. Our records of FFNW show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 9% for the last twelve months. And with the price of the stock down by 10% from a year ago, the dividend yield has increased by 21%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 1, 2022 | Dec 16, 2022 | Nov 14, 2022 | $0.12 | normal |
| Sep 1, 2022 | Sep 16, 2022 | Aug 8, 2022 | $0.12 | normal |
| Jun 2, 2022 | Jun 17, 2022 | May 16, 2022 | $0.12 | normal |
| Mar 10, 2022 | Mar 25, 2022 | Feb 15, 2022 | $0.12 | normal |
| Dec 2, 2021 | Dec 17, 2021 | Nov 15, 2021 | $0.11 | normal |
| Sep 2, 2021 | Sep 17, 2021 | Aug 16, 2021 | $0.11 | normal |
| Jun 3, 2021 | Jun 18, 2021 | May 17, 2021 | $0.11 | normal |
| Mar 11, 2021 | Mar 26, 2021 | Feb 16, 2021 | $0.11 | normal |
| Dec 3, 2020 | Dec 18, 2020 | Nov 16, 2020 | $0.1 | normal |
| Sep 3, 2020 | Sep 18, 2020 | Aug 10, 2020 | $0.1 | normal |
| Jun 4, 2020 | Jun 19, 2020 | May 18, 2020 | $0.1 | normal |
| Mar 12, 2020 | Mar 27, 2020 | Feb 14, 2020 | $0.1 | normal |
| Dec 5, 2019 | Dec 20, 2019 | Oct 17, 2019 | $0.09 | normal |
| Sep 5, 2019 | Sep 20, 2019 | Jul 23, 2019 | $0.09 | normal |
| Jun 6, 2019 | Jun 21, 2019 | Apr 23, 2019 | $0.09 | normal |
| Mar 7, 2019 | Mar 22, 2019 | Jan 23, 2019 | $0.08 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Oct 25, 2018 | $0.08 | normal |
| Sep 6, 2018 | Sep 21, 2018 | Jul 26, 2018 | $0.08 | normal |
| Jun 7, 2018 | Jun 22, 2018 | Apr 18, 2018 | $0.08 | normal |
| Mar 8, 2018 | Mar 23, 2018 | Jan 24, 2018 | $0.07 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Oct 26, 2017 | $0.07 | normal |
| Sep 7, 2017 | Sep 22, 2017 | Jul 26, 2017 | $0.07 | normal |
| Jun 7, 2017 | Jun 23, 2017 | Apr 26, 2017 | $0.07 | normal |
| Mar 8, 2017 | Mar 24, 2017 | Jan 26, 2017 | $0.06 | normal |
| Nov 29, 2016 | Dec 16, 2016 | Nov 16, 2016 | $0.06 | normal |
| Sep 7, 2016 | Sep 23, 2016 | Jul 27, 2016 | $0.06 | normal |
First Financial Northwest's payout ratio of 34% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 31.2%, First Financial Northwest's payout ratio is 9% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PROV Provident Financial Holdings Inc | 3.87% | $0.56 | 48.3% |
| TBNK Territorial Bancorp Inc | 3.7% | $0.92 | 48.7% |
| RVSB Riverview Bancorp Inc | 3.17% | $0.24 | 26.7% |
| FFNW First Financial Northwest Inc | 3.14% | $0.48 | 34% |
| WAFD Washington Federal Inc | 2.64% | $0.96 | 25% |
| TSBK Timberland Bancorp Inc | 2.58% | $0.88 | 31% |
| FSBW FS Bancorp Inc | 2.15% | $0.8 | 21.1% |
| BANC Banc Of California Inc | 1.34% | $0.24 | 15% |
Yes, First Financial Northwest has been paying dividends for the last nine years.
FFNW's next dividend date is Mar 13, 2023 (ex-date).
First Financial Northwest's last regular dividend was on Dec 1, 2022 (ex-date) with the amount of $0.12 per share.
FFNW has paid dividend of $0.48 per share in the last year.
Currently First Financial Northwest's dividend yield is 3.14%.
First Financial Northwest has a quarterly dividend frequency.
First Financial Northwest's dividend payout ratio is 34%.
First Financial Northwest's dividend yield is above the Financial Services sector average.