Heritage Commerce's most recent dividend payment of $0.13 per share was made to shareholders on record before Nov 7, 2024. The payout stands at $0.52 per share annually, which works out to a dividend yield of 5.42%.
HTBK has a dividend yield of 5.42% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.77%, Heritage Commerce's dividend yield is 96% higher. Historically HTBK's dividend yield has averaged at 5.4% in the last 5 years, which is in line with the current one.
Heritage Commerce has a dividend history dating as far as 2006, but lately the company has been paying dividends for the last 11 consecutive years. According to our data HTBK has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone down by 2.2% from a year ago, the dividend yield marks an increase of 2.3%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Nov 7, 2024 | $0.13 | 5% |
Aug 8, 2024 | $0.13 | 5.48% |
May 8, 2024 | $0.13 | 6.23% |
Feb 7, 2024 | $0.13 | 6.39% |
Nov 6, 2023 | $0.13 | 6.02% |
Aug 9, 2023 | $0.13 | 5.6% |
May 10, 2023 | $0.13 | 7.36% |
Feb 8, 2023 | $0.13 | 4.24% |
Nov 7, 2022 | $0.13 | 3.67% |
Aug 10, 2022 | $0.13 | 4.43% |
May 11, 2022 | $0.13 | 4.67% |
Feb 9, 2022 | $0.13 | 4.29% |
Nov 8, 2021 | $0.13 | 4.27% |
Aug 11, 2021 | $0.13 | 4.49% |
May 12, 2021 | $0.13 | 4.48% |
Feb 11, 2021 | $0.13 | 5.67% |
Nov 5, 2020 | $0.13 | 7.15% |
Aug 5, 2020 | $0.13 | 7.39% |
May 6, 2020 | $0.13 | 6.51% |
Feb 4, 2020 | $0.13 | 4.19% |
Nov 4, 2019 | $0.12 | 3.86% |
Aug 7, 2019 | $0.12 | 4.14% |
May 8, 2019 | $0.12 | 3.76% |
Feb 6, 2019 | $0.12 | 3.38% |
Nov 5, 2018 | $0.11 | 3.04% |
Aug 9, 2018 | $0.11 | 2.92% |
May 9, 2018 | $0.11 | 2.45% |
Feb 7, 2018 | $0.11 | 2.66% |
Nov 6, 2017 | $0.1 | 2.6% |
Aug 8, 2017 | $0.1 | 2.83% |
May 9, 2017 | $0.1 | 2.61% |
Feb 8, 2017 | $0.1 | 2.72% |
Nov 4, 2016 | $0.09 | 3.34% |
Aug 5, 2016 | $0.09 | 3.19% |
May 6, 2016 | $0.09 | 3.26% |
Feb 8, 2016 | $0.09 | 3.56% |
Nov 6, 2015 | $0.08 | 2.91% |
Aug 11, 2015 | $0.08 | 2.66% |
May 12, 2015 | $0.08 | 2.97% |
Feb 6, 2015 | $0.08 | 2.52% |
HTBK has a payout ratio of 73.2% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 44.2%, Heritage Commerce's payout ratio is 66% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
HTBK Heritage Commerce Corp | 5.42% | $0.52 | 73.2% |
PPBI Pacific Premier Bancorp Inc | 5.27% | $1.32 | N/A |
BMRC Bank of Marin Bancorp | 4.15% | $1 | N/A |
CVBF Cvb Financial Corp | 3.64% | $0.8 | 55.9% |
BSRR Sierra Bancorp | 3.22% | $0.94 | 36.9% |
TCBK Trico Bancshares | 2.97% | $1.32 | 39.2% |
CATY Cathay General Bancorp | 2.86% | $1.36 | 34.2% |
CWBC Community West Bancshares. | 1.84% | $0.36 | 54.5% |
Yes, Heritage Commerce has paid four dividends in the last 12 months. HTBK has been paying dividends since 2013.
Heritage Commerce's last dividend ex-date was on Nov 7, 2024. The dividend amount was $0.13 per share.
On an annual basis HTBK pays $0.52 per share.
Currently Heritage Commerce's dividend yield is 5.42%.
Heritage Commerce pays dividends quarterly.
The dividend payout ratio of Heritage Commerce is 73.2%.
Heritage Commerce's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.