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HFWA Heritage Financial dividend history, payout ratio & dates

  1. Stocks
  2. Financial Services
  3. NASDAQ: HFWA
  4. Dividend

Heritage Financial's most recent quarterly cash dividend of $0.22 per share was issued to shareholders on record before Aug 1, 2023. At an annualized rate of $0.87 per share, the stock yields 5.33%.

Key dates

  • HFWA last dividend date: Aug 1, 2023
  • HFWA next dividend date: Not announced
Peer dividends: COLB BANR BWFG EFSC
HFWA dividend stats
DPS
$0.87
Dividend yield
5.33%
Payout ratio
37.8%
vs. Financial Services sector
Dividend yield
3.73%
Payout ratio
33.5%

Dividend yield

What is Heritage Financial current dividend yield

HFWA has a dividend yield of 5.33% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.73%, Heritage Financial's dividend yield is 43% higher. Historically HFWA's dividend yield has averaged at 3.2% 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 12 consecutive years. According to our data HFWA has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 3.6% for the last twelve months. And since the stock price has gone down by 39% from a year ago, the dividend yield has increased by 71%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 1, 2023 Aug 16, 2023 Jul 19, 2023 $0.22 normal
May 3, 2023 May 18, 2023 Apr 18, 2023 $0.22 normal
Feb 7, 2023 Feb 22, 2023 Jan 25, 2023 $0.22 normal
Nov 1, 2022 Nov 16, 2022 Oct 19, 2022 $0.21 normal
Aug 2, 2022 Aug 17, 2022 Jul 20, 2022 $0.21 normal
May 3, 2022 May 18, 2022 Apr 20, 2022 $0.21 normal
Feb 8, 2022 Feb 23, 2022 Jan 26, 2022 $0.21 normal
Nov 2, 2021 Nov 17, 2021 Oct 20, 2021 $0.21 normal
Aug 3, 2021 Aug 18, 2021 Jul 22, 2021 $0.2 normal
May 4, 2021 May 19, 2021 Apr 21, 2021 $0.2 normal
Feb 9, 2021 Feb 24, 2021 Jan 27, 2021 $0.2 normal
Nov 3, 2020 Nov 18, 2020 Oct 21, 2020 $0.2 normal
Aug 4, 2020 Aug 19, 2020 Jul 22, 2020 $0.2 normal
May 12, 2020 May 27, 2020 Apr 29, 2020 $0.2 normal
Feb 5, 2020 Feb 20, 2020 Jan 22, 2020 $0.2 normal
Nov 6, 2019 Nov 21, 2019 Oct 23, 2019 $0.1 special
Nov 6, 2019 Nov 21, 2019 Oct 23, 2019 $0.19 normal
Aug 7, 2019 Aug 22, 2019 Jul 24, 2019 $0.19 normal
May 7, 2019 May 22, 2019 Apr 24, 2019 $0.18 normal
Feb 6, 2019 Feb 21, 2019 Jan 23, 2019 $0.18 normal
Nov 6, 2018 Nov 21, 2018 Oct 24, 2018 $0.17 normal
Nov 6, 2018 Nov 21, 2018 Oct 24, 2018 $0.1 special
Aug 8, 2018 Aug 23, 2018 Jul 24, 2018 $0.15 normal
May 9, 2018 May 24, 2018 Apr 25, 2018 $0.15 normal
Feb 6, 2018 Feb 21, 2018 Jan 24, 2018 $0.15 normal
Nov 7, 2017 Nov 22, 2017 Oct 25, 2017 $0.1 special
Nov 7, 2017 Nov 22, 2017 Oct 25, 2017 $0.13 normal
Aug 8, 2017 Aug 24, 2017 Jul 25, 2017 $0.13 normal
May 8, 2017 May 24, 2017 Apr 25, 2017 $0.13 normal
Feb 7, 2017 Feb 23, 2017 Jan 25, 2017 $0.12 normal
Nov 4, 2016 Nov 22, 2016 Oct 26, 2016 $0.12 normal
Nov 4, 2016 Nov 22, 2016 Oct 26, 2016 $0.25 special
Aug 2, 2016 Aug 18, 2016 Jul 20, 2016 $0.12 normal

Heritage Financial dividend payout ratio

What is Heritage Financial dividend payout ratio compared to the sector

Payout ratio

HFWA has a payout ratio of 37.8% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 33.5%, Heritage Financial's payout ratio is 13% 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 6.5% $1.32 58.4%
HFWA Heritage Financial Corp 5.33% $0.87 37.8%
BANR Banner Corp 4.44% $1.88 32.5%
BWFG Bankwell Financial Group Inc 3.3% $0.8 17.4%
EFSC Enterprise Financial Services Corp 2.64% $0.99 17.5%

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 is Heritage Financial's next dividend?

At this point we don't have a record of HFWA's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2023.

When was HFWA's last dividend?

Heritage Financial's last dividend ex-date was on Aug 1, 2023. The dividend amount was $0.22 per share.

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

On an annual basis HFWA pays $0.87 per share.

What is Heritage Financial's dividend yield?

Heritage Financial's current dividend yield is 5.33%.

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 37.8%.

Does Heritage Financial pay a good dividend?

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