HomeStreet's last quarterly dividend of $0.35 per share was on Aug 8, 2022 (ex-date). The annualized dividend payment of $1.3 per share represents a current dividend yield of 4.31%.
HomeStreet's dividend yield of 4.31% is above the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 2.81%, HomeStreet's dividend yield is 53% higher.
HomeStreet has been paying dividends for the last two 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 grown by 44% for the last twelve months. And with the stock price down by 28% from a year ago, the dividend yield has grown by 101%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 27.4% is above its peers average but below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 30.1%, HomeStreet's payout ratio is 9% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WSBF Waterstone Financial Inc | 4.8% | $0.8 | 41.7% |
| HMST HomeStreet Inc | 4.31% | $1.3 | 27.4% |
| UMBF Umb Financial Corp | 1.65% | $1.48 | 17.2% |
| INBK First Internet Bancorp | 0.69% | $0.24 | 5.2% |
Yes, HomeStreet has been paying dividends for the last two 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 2022.
HomeStreet's last regular dividend was on Aug 8, 2022 (ex-date) with the amount of $0.35 per share.
HMST's annualized dividend per share is $1.3.
Currently HomeStreet's dividend yield is 4.31%.
HomeStreet pays dividends quarterly.
HomeStreet's dividend payout ratio is 27.4%.
HomeStreet's dividend yield is more than the Financial Services sector average.