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 Nov 6, 2024. At an annualized rate of $0.92 per share, the stock yields 3.78%.
Key dates
- HFWA last dividend date: Nov 6, 2024
HFWA dividend stats
vs. Financial Services sector
Dividend yield
HFWA has a dividend yield of 3.78% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.77%, Heritage Financial's dividend yield is 36% higher. Historically HFWA's dividend yield has averaged at 3.8% in the last 5 years, which is similar to the current yield.
Dividend history
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 4.5% for the last twelve months. However since the stock price has gone up by 13% from a year ago, the dividend yield has decreased by 8%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 6, 2024 | $0.23 | 3.37% |
| 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
Payout ratio
HFWA has a payout ratio of 84.4% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 44.2%, Heritage Financial's payout ratio is 91% higher.
Total amount of dividends paid per financial year (from cash flow)
HFWA dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| COLB Columbia Banking System Inc | 5.3% | $1.44 | 61.8% |
| HFWA Heritage Financial Corp | 3.78% | $0.92 | 84.4% |
| SHBI Shore Bancshares Inc | 3% | $0.48 | 36.4% |
| BANR Banner Corp | 2.92% | $1.92 | 40.1% |
| BWFG Bankwell Financial Group Inc | 2.5% | $0.8 | 40.8% |
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 Nov 6, 2024. The dividend amount was $0.23 per share.
How much dividend does Heritage Financial pay (per share)?
On an annual basis HFWA pays $0.92 per share.
What is Heritage Financial's dividend yield?
Heritage Financial's current dividend yield is 3.78%.
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 84.4%.
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.