Hanover Bancorp's latest dividend of $0.1 per share was on May 11, 2026 (ex-date). The annualized dividend distribution of $0.4 per share represents a current dividend yield of 1.75%.
Hanover Bancorp's dividend yield of 1.75% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.74%, Hanover Bancorp's dividend yield is 36% lower.
Hanover Bancorp has a history of paying dividends since 2022. Our records of HNVR show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock up by 2.9% from a year ago, the dividend yield has a decrease of 2.6%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 11, 2026 | $0.1 | 1.75% |
| Feb 12, 2026 | $0.1 | 1.78% |
| Nov 13, 2025 | $0.1 | 1.79% |
| Aug 6, 2025 | $0.1 | 1.88% |
| May 7, 2025 | $0.1 | 1.77% |
| Feb 12, 2025 | $0.1 | 1.55% |
| Nov 6, 2024 | $0.1 | 1.97% |
| Aug 7, 2024 | $0.1 | 2.31% |
| May 7, 2024 | $0.1 | 2.41% |
| Feb 6, 2024 | $0.1 | 2.26% |
| Nov 7, 2023 | $0.1 | 2.25% |
| Aug 8, 2023 | $0.1 | 2.18% |
| May 9, 2023 | $0.1 | 2.79% |
| Feb 6, 2023 | $0.1 | 2.06% |
| Nov 7, 2022 | $0.1 | 1.52% |
| Aug 8, 2022 | $0.1 | 1% |
| Jun 17, 2022 | $0.1 | 0.51% |
Hanover Bancorp's payout ratio of 37.7% is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 33.7%, Hanover Bancorp's payout ratio is 12% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 6.74% | $2.24 | 81.5% |
| NWBI Northwest Bancshares Inc | 5.65% | $0.8 | 84.2% |
| CZNC Citizens & Northern Corp | 5.36% | $1.12 | 103.7% |
| FISI Financial Institutions Inc | 3.41% | $1.25 | 32.3% |
| CAC Camden National Corp | 3.33% | $1.68 | 35.6% |
| TMP Tompkins Financial Corp | 3.01% | $2.61 | 22.2% |
| TRST Trustco Bank Corp N Y | 2.85% | $1.5 | 43.9% |
| CCNE Cnb Financial Corp | 2.39% | $0.74 | 25.1% |
| UVSP UNIVEST FINANCIAL Corp | 2.21% | $0.89 | 26.6% |
| HNVR Hanover Bancorp Inc | 1.69% | $0.4 | 37.7% |
Yes, Hanover Bancorp has paid four dividends in the last twelve months. HNVR has been paying dividends since 2022.
Hanover Bancorp's last dividend ex-date was on May 11, 2026. The dividend amount was $0.1 per share.
HNVR has paid dividend of $0.4 per share in the last year.
The current dividend yield of Hanover Bancorp is 1.75%.
Hanover Bancorp pays four dividends per year.
Hanover Bancorp's dividend payout ratio is 37.7%.
Hanover Bancorp's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.