HNVR Hanover Bancorp dividend history, payout ratio & dates
Hanover Bancorp's latest dividend of $0.1 per share was on Nov 6, 2024 (ex-date). The annualized dividend distribution of $0.4 per share represents a current dividend yield of 1.57%.
Key dates
- HNVR last dividend date: Nov 6, 2024
HNVR dividend stats
vs. Financial Services sector
Dividend yield
Hanover Bancorp's dividend yield of 1.57% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.83%, Hanover Bancorp's dividend yield is 45% lower.
Dividend history
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 46% from a year ago, the dividend yield has a decrease of 32%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 dividend payout ratio
Payout ratio
Hanover Bancorp's payout ratio of 24.2% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 45.5%, Hanover Bancorp's payout ratio is 47% lower.
Total amount of dividends paid per financial year (from cash flow)
HNVR dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 6.93% | $2.24 | 83.9% |
| NWBI Northwest Bancshares Inc | 6.07% | $0.8 | 105.3% |
| CZNC Citizens & Northern Corp | 5.82% | $1.12 | 77.8% |
| TRST Trustco Bank Corp N Y | 4.52% | $1.44 | 57.8% |
| FISI Financial Institutions Inc | 4.47% | $1.2 | 37.4% |
| CAC Camden National Corp | 3.87% | $1.68 | 52.2% |
| TMP Tompkins Financial Corp | 3.67% | $2.44 | 52.5% |
| CCNE Cnb Financial Corp | 2.83% | $0.71 | 30.2% |
| UVSP UNIVEST FINANCIAL Corp | 2.81% | $0.84 | 33.5% |
| HNVR Hanover Bancorp Inc | 1.57% | $0.4 | 24.2% |
Frequently asked questions
Does Hanover Bancorp pay a dividend?
Yes, Hanover Bancorp has paid four dividends in the last twelve months. HNVR has been paying dividends since 2022.
When was HNVR's last dividend?
Hanover Bancorp's last dividend ex-date was on Nov 6, 2024. The dividend amount was $0.1 per share.
How much dividend does Hanover Bancorp pay (per share)?
HNVR has paid dividend of $0.4 per share in the last year.
What is Hanover Bancorp's dividend yield?
The current dividend yield of Hanover Bancorp is 1.57%.
How often does Hanover Bancorp pay dividends?
Hanover Bancorp pays four dividends per year.
What is Hanover Bancorp's dividend payout ratio?
Hanover Bancorp's dividend payout ratio is 24.2%.
Does Hanover Bancorp pay a good dividend?
Hanover Bancorp's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.