NECB NorthEast Community Bancorp dividend history, payout ratio & dates
NorthEast Community Bancorp's most recent dividend payment of $0.15 per share was made to shareholders on record before Oct 4, 2024. The payout stands at $0.41 per share annually, which works out to a dividend yield of 1.64%. The latest NECB stock dividend of $0.15 is an increase from the previous $0.1 distribution, representing a growth of 50%.
Key dates
- NECB last dividend date: Oct 4, 2024
NECB dividend stats
vs. Financial Services sector
Dividend yield
NECB has a dividend yield of 1.64% which is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.91%, NorthEast Community Bancorp's dividend yield is 44% lower. The historical 5-year average of NECB's dividend yield is 2.1%, which is above the current yield.
Dividend history
NorthEast Community Bancorp has been paying dividends for the last 13 years. According to our data NECB has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 71% for the last year. And since the stock price has gone up by 67% from a year ago, the dividend yield marks an increase of 2.6%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 4, 2024 | $0.15 | 1.7% |
| Jul 5, 2024 | $0.1 | 1.83% |
| Apr 4, 2024 | $0.1 | 1.8% |
| Jan 2, 2024 | $0.06 | 1.35% |
| Oct 5, 2023 | $0.06 | 1.6% |
| Jul 3, 2023 | $0.06 | 1.6% |
| Apr 10, 2023 | $0.06 | 3.14% |
| Dec 30, 2022 | $0.06 | 2.82% |
| Oct 13, 2022 | $0.06 | 3.3% |
| Jul 1, 2022 | $0.06 | 3.59% |
| May 13, 2022 | $0.18 | 3.84% |
| Apr 7, 2022 | $0.06 | 2.16% |
| Dec 31, 2021 | $0.06 | 1.62% |
| Oct 22, 2021 | $0.06 | 1.11% |
| Jul 30, 2021 | $0.06 | 0.57% |
NorthEast Community Bancorp dividend payout ratio
Payout ratio
NECB has a payout ratio of 11.5% 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 43.2%, NorthEast Community Bancorp's payout ratio is 73% lower.
Total amount of dividends paid per financial year (from cash flow)
NECB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FFIC Flushing Financial Corp | 6.24% | $0.88 | 106% |
| NFBK Northfield Bancorp Inc | 4.64% | $0.52 | 77.6% |
| TRST Trustco Bank Corp N Y | 4.52% | $1.44 | 55.8% |
| NECB NorthEast Community Bancorp Inc | 1.64% | $0.41 | 11.5% |
| GCBC Greene County Bancorp Inc | 1.14% | $0.33 | 22.8% |
Frequently asked questions
Does NorthEast Community Bancorp pay a dividend?
Yes, NorthEast Community Bancorp has paid four dividends in the last 12 months. NECB has been paying dividends since 2007.
When was NECB's last dividend?
NorthEast Community Bancorp's last regular dividend was on Oct 4, 2024 (ex-date) with the amount of $0.15 per share.
How much dividend does NorthEast Community Bancorp pay (per share)?
On an annual basis NECB pays $0.41 per share.
What is NorthEast Community Bancorp's dividend yield?
Currently NorthEast Community Bancorp's dividend yield is 1.64%.
How often does NorthEast Community Bancorp pay dividends?
NorthEast Community Bancorp has a quarterly dividend frequency.
What is NorthEast Community Bancorp's dividend payout ratio?
The dividend payout ratio of NorthEast Community Bancorp is 11.5%.
Does NorthEast Community Bancorp pay a good dividend?
NorthEast Community Bancorp's dividend yield is below the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.