HomeStreet's last quarterly dividend of $0.35 per share was on Feb 7, 2023 (ex-date). The annualized dividend payment of $1.4 per share represents a current dividend yield of 4.95%.
HomeStreet's dividend yield of 4.95% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 2.61%, HomeStreet's dividend yield is 90% higher.
HomeStreet has been paying dividends for the last two consecutive years. Our records of HMST show that the company has distributed five quarterly dividends in the past year. The annualized dividend per share has grown by 40% for the last twelve months. And with the stock price down by 43% from a year ago, the dividend yield has grown by 144%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 31% is below the Financial Services sector and the industry average. But in comparison with its Financial Services sector average of 31.2%, HomeStreet's payout ratio is only 0.6% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HMST HomeStreet Inc | 4.95% | $1.4 | 31% |
| WSBF Waterstone Financial Inc | 4.87% | $0.8 | 58.4% |
| UMBF Umb Financial Corp | 1.62% | $1.49 | 17.6% |
| INBK First Internet Bancorp | 0.85% | $0.24 | 5.6% |
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 May 2023.
HomeStreet's last regular dividend was on Feb 7, 2023 (ex-date) with the amount of $0.35 per share.
HMST's annualized dividend per share is $1.4.
Currently HomeStreet's dividend yield is 4.95%.
HomeStreet pays dividends quarterly.
HomeStreet's dividend payout ratio is 31%.
HomeStreet's dividend yield is more than the Financial Services sector average.