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 1.58%.
Hanover Bancorp's dividend yield of 1.58% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.59%, Hanover Bancorp's dividend yield is 39% 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 43% from a year ago, the dividend yield has a decrease of 30%.
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'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 44.9%, Hanover Bancorp's payout ratio is 46% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
WASH Washington Trust Bancorp Inc | 6.15% | $2.24 | 83.9% |
NWBI Northwest Bancshares Inc | 5.53% | $0.8 | 105.3% |
CZNC Citizens & Northern Corp | 5.45% | $1.12 | 77.8% |
FISI Financial Institutions Inc | 4.49% | $1.2 | 37.4% |
TRST Trustco Bank Corp N Y | 3.94% | $1.44 | 57.8% |
CAC Camden National Corp | 3.59% | $1.68 | 52.2% |
TMP Tompkins Financial Corp | 3.19% | $2.44 | 52.5% |
UVSP UNIVEST FINANCIAL Corp | 2.61% | $0.84 | 33.5% |
CCNE Cnb Financial Corp | 2.56% | $0.71 | 30.2% |
HNVR Hanover Bancorp Inc | 1.58% | $0.4 | 24.2% |
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 Nov 6, 2024. 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 1.58%.
Hanover Bancorp pays four dividends per year.
Hanover Bancorp's dividend payout ratio is 24.2%.
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.