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HFWA Heritage Financial dividend history, payout ratio & dates

Heritage Financial's most recent cash dividend of $0.23 per share was issued to shareholders on record before Aug 7, 2024. At an annualized rate of $0.91 per share, the stock yields 4.34%.

Key dates

  • HFWA last dividend date: Aug 7, 2024
HFWA dividend stats
DPS
$0.91
Dividend yield
4.18%
Payout ratio
71.1%
vs. Financial Services sector
Dividend yield
2.94%
Payout ratio
42.9%

Dividend yield

What is Heritage Financial current dividend yield

HFWA has a dividend yield of 4.34% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.94%, Heritage Financial's dividend yield is 48% higher. Historically HFWA's dividend yield has averaged at 3.8% in the last 5 years, which is below the current yield.

Dividend history

What is HFWA dividend payout history and dates

Heritage Financial has a dividend history dating as far as 1999, but consistently the company has been paying dividends for the last 13 consecutive years. According to our data HFWA has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 4.6% for the last twelve months. However since the stock price has gone up by 25% from a year ago, the dividend yield has decreased by 16%.

Recent dividends

Ex-date Amount Yield (TTM)
Aug 7, 2024 $0.23 4.38%
May 7, 2024 $0.23 4.81%
Feb 7, 2024 $0.23 4.92%
Oct 31, 2023 $0.22 5.41%
Aug 1, 2023 $0.22 4.7%
May 3, 2023 $0.22 5.33%
Feb 7, 2023 $0.22 2.9%
Nov 1, 2022 $0.21 2.53%
Aug 2, 2022 $0.21 3.29%
May 3, 2022 $0.21 3.34%
Feb 8, 2022 $0.21 3.16%
Nov 2, 2021 $0.21 3.24%
Aug 3, 2021 $0.2 3.29%
May 4, 2021 $0.2 2.81%
Feb 9, 2021 $0.2 3.3%
Nov 3, 2020 $0.2 3.67%
Aug 4, 2020 $0.2 4.29%
May 12, 2020 $0.2 4.74%
Feb 5, 2020 $0.2 2.81%
Nov 6, 2019 $0.19 2.61%
Aug 7, 2019 $0.19 2.68%
May 7, 2019 $0.18 2.19%
Feb 6, 2019 $0.18 2.05%
Nov 6, 2018 $0.17 1.88%
Aug 8, 2018 $0.15 1.55%
May 9, 2018 $0.15 1.68%
Feb 6, 2018 $0.15 1.72%
Nov 7, 2017 $0.1 1.56%
Aug 8, 2017 $0.13 2.31%
May 8, 2017 $0.13 2.45%
Feb 7, 2017 $0.12 2.44%
Nov 4, 2016 $0.25 3.32%
Aug 2, 2016 $0.12 2.61%
May 3, 2016 $0.12 2.49%
Feb 8, 2016 $0.11 2.47%
Nov 2, 2015 $0.1 2.25%
Aug 4, 2015 $0.11 3.27%
May 5, 2015 $0.11 3.28%
Feb 6, 2015 $0.1 3.16%

Heritage Financial dividend payout ratio

What is Heritage Financial dividend payout ratio compared to the sector

Payout ratio

HFWA has a payout ratio of 71.1% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 42.9%, Heritage Financial's payout ratio is 66% higher.

Total amount of dividends paid per financial year (from cash flow)

HFWA dividend vs peer dividends

How does HFWA dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
COLB Columbia Banking System Inc 5.38% $1.44 63.2%
HFWA Heritage Financial Corp 4.18% $0.91 71.1%
SHBI Shore Bancshares Inc 3.44% $0.48 69.6%
BANR Banner Corp 3.06% $1.92 39.9%
BWFG Bankwell Financial Group Inc 2.71% $0.8 26.9%

Frequently asked questions

Does Heritage Financial pay a dividend?

Yes, Heritage Financial has paid four dividends in the last twelve months. HFWA has been paying dividends since 2011.

When was HFWA's last dividend?

Heritage Financial's last dividend ex-date was on Aug 7, 2024. The dividend amount was $0.23 per share.

How much dividend does Heritage Financial pay (per share)?

On an annual basis HFWA pays $0.91 per share.

What is Heritage Financial's dividend yield?

Heritage Financial's current dividend yield is 4.34%.

How often does Heritage Financial pay dividends?

Heritage Financial pays dividends quarterly.

What is Heritage Financial's dividend payout ratio?

The dividend payout ratio of Heritage Financial is 71.1%.

Does Heritage Financial pay a good dividend?

Heritage Financial's dividend yield is above the Financial Services sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.