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%.
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.
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%.
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% |
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.
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% |
Yes, Heritage Financial has paid four dividends in the last twelve months. HFWA has been paying dividends since 2011.
Heritage Financial's last dividend ex-date was on Aug 7, 2024. The dividend amount was $0.23 per share.
On an annual basis HFWA pays $0.91 per share.
Heritage Financial's current dividend yield is 4.34%.
Heritage Financial pays dividends quarterly.
The dividend payout ratio of Heritage Financial is 71.1%.
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.