First Northwest Bancorp's latest quarterly dividend of $0.07 per share was on Feb 8, 2024 (ex-date). The annualized dividend distribution of $0.28 per share represents a current dividend yield of 2.48%.
FNWB has a dividend yield of 2.48% which is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.46%, First Northwest Bancorp's dividend yield is 28% lower. The historical 5-year average of FNWB's dividend yield is 1.5%, which is below the current yield.
First Northwest Bancorp has a history of paying dividends since 2018. Our records of FNWB show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock down by 8% from a year ago, the dividend yield has an increase of 8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 8, 2024 | Feb 23, 2024 | Jan 23, 2024 | $0.07 | normal |
| Nov 9, 2023 | Nov 24, 2023 | Oct 26, 2023 | $0.07 | normal |
| Aug 10, 2023 | Aug 25, 2023 | Jul 27, 2023 | $0.07 | normal |
| May 11, 2023 | May 26, 2023 | Apr 26, 2023 | $0.07 | normal |
| Feb 9, 2023 | Feb 24, 2023 | Jan 26, 2023 | $0.07 | normal |
| Nov 9, 2022 | Nov 25, 2022 | Oct 26, 2022 | $0.07 | normal |
| Aug 11, 2022 | Aug 26, 2022 | $0.07 | normal | |
| May 12, 2022 | May 27, 2022 | Apr 29, 2022 | $0.07 | normal |
| Feb 10, 2022 | Feb 25, 2022 | Jan 26, 2022 | $0.07 | normal |
| Nov 10, 2021 | Nov 26, 2021 | Oct 26, 2021 | $0.07 | normal |
| Aug 12, 2021 | Aug 27, 2021 | $0.06 | normal | |
| May 13, 2021 | May 28, 2021 | Apr 27, 2021 | $0.06 | normal |
| May 11, 2021 | May 26, 2021 | Apr 27, 2021 | $0.06 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Jan 28, 2021 | $0.06 | normal |
| Nov 12, 2020 | Nov 27, 2020 | Oct 27, 2020 | $0.06 | normal |
| Aug 13, 2020 | Aug 28, 2020 | Jul 30, 2020 | $0.05 | normal |
| May 14, 2020 | May 29, 2020 | Apr 28, 2020 | $0.05 | normal |
| Feb 20, 2020 | Mar 6, 2020 | Feb 4, 2020 | $0.05 | normal |
| Nov 21, 2019 | Dec 6, 2019 | Oct 22, 2019 | $0.04 | normal |
| Aug 22, 2019 | Sep 6, 2019 | Jul 23, 2019 | $0.03 | normal |
| Jun 6, 2019 | Jun 21, 2019 | Apr 23, 2019 | $0.03 | normal |
| Mar 7, 2019 | Mar 22, 2019 | Jan 22, 2019 | $0.03 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Oct 24, 2018 | $0.03 | normal |
FNWB has a payout ratio of 107.7% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 39.5%, First Northwest Bancorp's payout ratio is 173% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 5.56% | $1.51 | 56.8% |
| NRIM Northrim Bancorp Inc | 4.92% | $2.41 | 53.2% |
| FNWB First Northwest Bancorp | 2.48% | $0.28 | 107.7% |
Yes, First Northwest Bancorp has paid four dividends in the last twelve months. FNWB has been paying dividends since 2018.
FNWB 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 May 2024.
First Northwest Bancorp's last regular dividend was on Feb 8, 2024 (ex-date) with the amount of $0.07 per share.
On an annual basis FNWB pays $0.28 per share.
The current dividend yield of First Northwest Bancorp is 2.48%.
First Northwest Bancorp has a quarterly dividend frequency.
The dividend payout ratio of First Northwest Bancorp is 107.7%.
First Northwest Bancorp's dividend yield is below the Financial Services sector average.