HomeStreet's last quarterly dividend of $0.1 per share was on Aug 8, 2023 (ex-date). The annualized dividend payment of $0.9 per share represents a current dividend yield of 11.55%.
HomeStreet's dividend yield of 11.55% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 3.73%, HomeStreet's dividend yield is 210% higher.
HomeStreet has been paying dividends for the last three consecutive years. Our records of HMST show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has decreased by 31% for the last twelve months. But with the stock price down by 73% from a year ago, the dividend yield has grown by 158%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 8, 2023 | Aug 23, 2023 | Jul 28, 2023 | $0.1 | normal |
| May 9, 2023 | May 24, 2023 | Apr 24, 2023 | $0.1 | normal |
| Feb 7, 2023 | Feb 22, 2023 | Jan 27, 2023 | $0.35 | normal |
| Nov 7, 2022 | Nov 22, 2022 | Oct 28, 2022 | $0.35 | normal |
| Aug 8, 2022 | Aug 23, 2022 | Jul 29, 2022 | $0.35 | normal |
| May 9, 2022 | May 24, 2022 | Apr 28, 2022 | $0.35 | normal |
| Feb 8, 2022 | Feb 23, 2022 | Jan 27, 2022 | $0.35 | normal |
| Nov 8, 2021 | Nov 23, 2021 | Oct 29, 2021 | $0.25 | normal |
| Aug 9, 2021 | Aug 24, 2021 | Jul 30, 2021 | $0.25 | normal |
| May 10, 2021 | May 26, 2021 | Apr 30, 2021 | $0.25 | normal |
| Feb 8, 2021 | Feb 24, 2021 | Jan 29, 2021 | $0.25 | normal |
| Nov 5, 2020 | Nov 23, 2020 | Oct 22, 2020 | $0.15 | normal |
| Aug 6, 2020 | Aug 24, 2020 | Jul 23, 2020 | $0.15 | normal |
| May 1, 2020 | May 20, 2020 | Apr 23, 2020 | $0.15 | normal |
| Feb 4, 2020 | Feb 21, 2020 | Jan 23, 2020 | $0.15 | normal |
HomeStreet's payout ratio of 600% is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 33.5%, HomeStreet's payout ratio is 1,691% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HMST HomeStreet Inc | 11.55% | $0.9 | 600% |
| WSBF Waterstone Financial Inc | 7.31% | $0.8 | 133.3% |
| UMBF Umb Financial Corp | 2.45% | $1.52 | 19.8% |
| INBK First Internet Bancorp | 1.48% | $0.24 | 14.2% |
Yes, HomeStreet has been paying dividends for the last three years.
HMST hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in November 2023.
HomeStreet's last regular dividend was on Aug 8, 2023 (ex-date) with the amount of $0.1 per share.
HMST's annualized dividend per share is $0.9.
Currently HomeStreet's dividend yield is 11.55%.
HomeStreet pays dividends quarterly.
HomeStreet's dividend payout ratio is 600%.
HomeStreet's dividend yield is more than the Financial Services sector average.