Investar Holding's last quarterly dividend was on Sep 29, 2022 (ex-date) with a distribution of $0.095 per share. On an annualized basis, the company has a current payout of $0.35 per share. This brings the dividend yield to 1.63% based on its recent close price. The latest dividend has increased by $0.01, or 6% from the prior dividend.
ISTR has a dividend yield of 1.63% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.73%, Investar Holding's dividend yield is 40% lower. The historical 5-year average of ISTR's dividend yield is 1.3%, which is less than the current one.
Investar Holding has been paying dividends since 2014. ISTR has distributed four quarterly dividends in the past year. The annualized dividend per share has decreased by 15% for the last twelve months. And with the stock price up by 19% from a year ago, the dividend yield has decreased by 28%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 29, 2022 | Oct 31, 2022 | Sep 21, 2022 | $0.095 | normal |
| Jun 29, 2022 | Jul 29, 2022 | Jun 15, 2022 | $0.09 | normal |
| Mar 30, 2022 | Apr 29, 2022 | Mar 16, 2022 | $0.085 | normal |
| Dec 30, 2021 | Jan 31, 2022 | $0.08 | normal | |
| Sep 29, 2021 | Oct 29, 2021 | Sep 15, 2021 | $0.08 | normal |
| Jun 29, 2021 | Jul 31, 2021 | Jun 16, 2021 | $0.08 | normal |
| Mar 26, 2021 | Apr 30, 2021 | Mar 17, 2021 | $0.07 | normal |
| Mar 26, 2021 | Apr 30, 2021 | Mar 17, 2021 | $0.18 | normal |
| Dec 24, 2020 | Jan 31, 2021 | Dec 16, 2020 | $0.065 | normal |
| Oct 2, 2020 | Oct 31, 2020 | Sep 23, 2020 | $0.065 | normal |
| Jul 2, 2020 | Jul 31, 2020 | Jun 24, 2020 | $0.06 | normal |
| Apr 3, 2020 | Apr 30, 2020 | Mar 25, 2020 | $0.06 | normal |
| Dec 27, 2019 | Jan 31, 2020 | Dec 18, 2019 | $0.06 | normal |
| Oct 4, 2019 | Oct 31, 2019 | Sep 25, 2019 | $0.06 | normal |
| Jul 5, 2019 | Jul 31, 2019 | Jun 26, 2019 | $0.055 | normal |
| Apr 5, 2019 | Apr 30, 2019 | Mar 27, 2019 | $0.053 | normal |
| Dec 28, 2018 | Jan 31, 2019 | Dec 19, 2018 | $0.05 | normal |
| Oct 4, 2018 | Oct 31, 2018 | Sep 26, 2018 | $0.045 | normal |
| Jul 6, 2018 | Jul 31, 2018 | Jun 27, 2018 | $0.04 | normal |
| Apr 6, 2018 | Apr 30, 2018 | Mar 28, 2018 | $0.035 | normal |
| Jan 2, 2018 | Jan 31, 2018 | Dec 20, 2017 | $0.032 | normal |
| Oct 3, 2017 | Oct 31, 2017 | Sep 20, 2017 | $0.03 | normal |
| Jun 30, 2017 | Jul 31, 2017 | Jun 21, 2017 | $0.022 | normal |
| Mar 27, 2017 | Apr 28, 2017 | Mar 15, 2017 | $0.02 | normal |
| Dec 30, 2016 | Jan 31, 2017 | Dec 21, 2016 | $0.012 | normal |
| Oct 3, 2016 | Oct 31, 2016 | Sep 21, 2016 | $0.011 | normal |
ISTR has a payout ratio of 10.6% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 30.7%, Investar Holding's payout ratio is 65% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBFG Sb Financial Group Inc | 2.9% | $0.48 | 25.7% |
| SFBC Sound Financial Bancorp Inc | 1.71% | $0.68 | 22.8% |
| ISTR Investar Holding Corp | 1.61% | $0.35 | 10.6% |
Yes, Investar Holding has been paying dividends for the last eight years.
ISTR 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 December 2022.
Investar Holding's last regular dividend was on Sep 29, 2022 (ex-date) with the amount of $0.095 per share.
ISTR has paid dividend of $0.35 per share in the last year.
Investar Holding's current dividend yield is 1.63%.
Investar Holding has a quarterly dividend frequency.
The dividend payout ratio of Investar Holding is 10.6%.
Investar Holding's dividend yield is less than the Financial Services sector average.