Nbt Bancorp's last quarterly dividend of $0.3 per share was on May 31, 2023 (ex-date). The annualized dividend payment of $1.2 per share represents a current dividend yield of 3.58%.
NBTB has a dividend yield of 3.58% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.91%, Nbt Bancorp's dividend yield is 8% lower. The current dividend yield is more than the historical average of 3.0% of the last 5 years.
Nbt Bancorp has a history of paying dividends since 1994. Our records of NBTB show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 7% since one year ago. And with the stock price down by 9% from a year ago, the dividend yield has grown by 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 31, 2023 | Jun 15, 2023 | May 16, 2023 | $0.3 | normal |
| Feb 28, 2023 | Mar 15, 2023 | Jan 23, 2023 | $0.3 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Oct 25, 2022 | $0.3 | normal |
| Aug 31, 2022 | Sep 15, 2022 | Jul 25, 2022 | $0.3 | normal |
| May 31, 2022 | Jun 15, 2022 | May 17, 2022 | $0.28 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Jan 26, 2022 | $0.28 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Oct 26, 2021 | $0.28 | normal |
| Aug 31, 2021 | Sep 15, 2021 | Jul 26, 2021 | $0.28 | normal |
| May 28, 2021 | Jun 15, 2021 | Apr 26, 2021 | $0.27 | normal |
| Feb 26, 2021 | Mar 15, 2021 | Jan 27, 2021 | $0.27 | normal |
| Nov 30, 2020 | Dec 15, 2020 | Oct 26, 2020 | $0.27 | normal |
| Aug 31, 2020 | Sep 15, 2020 | Jul 27, 2020 | $0.27 | normal |
| May 29, 2020 | Jun 15, 2020 | Mar 23, 2020 | $0.27 | normal |
| Feb 27, 2020 | Mar 13, 2020 | Jan 27, 2020 | $0.27 | normal |
| Nov 27, 2019 | Dec 13, 2019 | Oct 28, 2019 | $0.27 | normal |
| Aug 29, 2019 | Sep 13, 2019 | Jul 29, 2019 | $0.26 | normal |
| May 30, 2019 | Jun 14, 2019 | Mar 25, 2019 | $0.26 | normal |
| Feb 28, 2019 | Mar 15, 2019 | Jan 28, 2019 | $0.26 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Oct 22, 2018 | $0.26 | normal |
| Aug 30, 2018 | Sep 14, 2018 | Jul 23, 2018 | $0.25 | normal |
| May 31, 2018 | Jun 15, 2018 | Mar 26, 2018 | $0.25 | normal |
| Feb 28, 2018 | Mar 15, 2018 | Jan 22, 2018 | $0.23 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Oct 23, 2017 | $0.23 | normal |
| Aug 30, 2017 | Sep 15, 2017 | Jul 24, 2017 | $0.23 | normal |
| May 30, 2017 | Jun 15, 2017 | May 23, 2017 | $0.23 | normal |
| Feb 27, 2017 | Mar 15, 2017 | Jan 23, 2017 | $0.23 | normal |
| Nov 29, 2016 | Dec 15, 2016 | Oct 24, 2016 | $0.23 | normal |
| Aug 30, 2016 | Sep 15, 2016 | Jul 25, 2016 | $0.23 | normal |
| May 27, 2016 | Jun 15, 2016 | May 3, 2016 | $0.22 | normal |
NBTB has a payout ratio of 35.2% which is higher than the Financial Services sector and the industry average but lower than its peers average. In comparison with the Financial Services sector average of 32.1%, Nbt Bancorp's payout ratio is 10% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KEY Keycorp | 8.67% | $0.81 | 45.5% |
| FLIC First Of Long Island Corp | 8.13% | $0.83 | 45.6% |
| FISI Financial Institutions Inc | 7.45% | $1.17 | 34.4% |
| AROW Arrow Financial Corp | 5.83% | $1.06 | 37.3% |
| EVBN Evans Bancorp Inc | 5.48% | $1.3 | 30.4% |
| TMP Tompkins Financial Corp | 4.53% | $2.37 | 41.9% |
| NBTB Nbt Bancorp Inc | 3.58% | $1.2 | 35.2% |
| CBU Community Bank System Inc | 3.54% | $1.75 | 64.3% |
Yes, Nbt Bancorp has paid four dividends in the last 12 months. NBTB has been paying dividends since 1994.
NBTB hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in August 2023.
Nbt Bancorp's last regular dividend was on May 31, 2023 (ex-date) with the amount of $0.3 per share.
NBTB has paid dividend of $1.2 per share in the last year.
Nbt Bancorp's current dividend yield is 3.58%.
Nbt Bancorp pays four dividends per year.
The dividend payout ratio of Nbt Bancorp is 35.2%.
Nbt Bancorp's dividend yield is less than the Financial Services sector average.