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NECB NorthEast Community Bancorp dividend history, payout ratio & dates

NorthEast Community Bancorp's most recent quarterly dividend payment of $0.06 per share was made to shareholders on record before Jul 1, 2022. The payout stands at $0.24 per share annually, which works out to a dividend yield of 1.91%.

Key dates

  • NECB last dividend date: Jul 1, 2022
  • NECB next dividend date: Not announced
NECB dividend stats
DPS
$0.24
Dividend yield
1.91%
Payout ratio
26.7%
vs. Financial Services sector
Dividend yield
2.93%
Payout ratio
30.1%

Dividend yield

What is NorthEast Community Bancorp current dividend yield

NECB has a dividend yield of 1.91% which is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.93%, NorthEast Community Bancorp's dividend yield is 35% lower. The historical 5-year average of NECB's dividend yield is 1.3%, which is below the current yield.

Dividend history

What is NECB dividend payout history and dates

NorthEast Community Bancorp has been paying dividends for the last 11 years. According to our data NECB has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 60% for the last year. And since the stock price has gone up by 15% from a year ago, the dividend yield marks an increase of 38%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 1, 2022 Aug 5, 2022 Jun 23, 2022 $0.06 normal
Apr 7, 2022 May 6, 2022 Mar 24, 2022 $0.06 normal
Dec 31, 2021 Feb 5, 2022 Dec 16, 2021 $0.06 normal
Oct 22, 2021 Nov 8, 2021 Oct 12, 2021 $0.06 normal
Jul 30, 2021 Aug 16, 2021 Jul 22, 2021 $0.06 normal
Apr 8, 2021 May 7, 2021 Mar 17, 2021 $0.03 normal
Dec 31, 2020 Feb 4, 2021 Dec 16, 2020 $0.03 normal
Oct 8, 2020 Nov 10, 2020 Sep 24, 2020 $0.03 normal
Jul 22, 2020 Aug 20, 2020 Jul 8, 2020 $0.03 normal
Apr 8, 2020 May 8, 2020 Mar 17, 2020 $0.03 normal
Jan 2, 2020 Feb 3, 2020 Dec 19, 2019 $0.03 normal
Oct 3, 2019 Nov 1, 2019 Sep 18, 2019 $0.03 normal
Jul 3, 2019 Aug 2, 2019 Jun 20, 2019 $0.03 normal
Apr 11, 2019 May 7, 2019 Mar 28, 2019 $0.03 normal
Jan 4, 2019 Jan 24, 2019 Dec 19, 2018 $0.03 normal
Oct 4, 2018 Nov 1, 2018 Sep 20, 2018 $0.03 normal
Jul 5, 2018 Aug 1, 2018 Jun 21, 2018 $0.03 normal
Apr 5, 2018 May 1, 2018 Mar 22, 2018 $0.03 normal
Jan 5, 2018 Jan 24, 2018 Dec 20, 2017 $0.03 normal
Oct 5, 2017 Nov 1, 2017 Sep 13, 2017 $0.03 normal
Jun 30, 2017 Aug 1, 2017 Jun 22, 2017 $0.03 normal
Apr 3, 2017 May 1, 2017 Mar 23, 2017 $0.03 normal

NorthEast Community Bancorp dividend payout ratio

What is NorthEast Community Bancorp dividend payout ratio compared to the sector

Payout ratio

NECB has a payout ratio of 26.7% 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 30.1%, NorthEast Community Bancorp's payout ratio is 11% lower.

Total amount of dividends paid per financial year (from cash flow)

NECB dividend vs peer dividends

How does NECB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
FFIC Flushing Financial Corp 4.43% $0.87 31.4%
TRST Trustco Bank Corp N Y 4.39% $1.4 39.5%
NFBK Northfield Bancorp Inc 3.57% $0.52 39.7%
NECB NorthEast Community Bancorp Inc 1.91% $0.24 26.7%
GCBC Greene County Bancorp Inc 0.88% $0.53 16.1%

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 is NorthEast Community Bancorp's next dividend?

NECB hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in October 2022.

When was NECB's last dividend?

NorthEast Community Bancorp's last regular dividend was on Jul 1, 2022 (ex-date) with the amount of $0.06 per share.

How much dividend does NorthEast Community Bancorp pay (per share)?

On an annual basis NECB pays $0.24 per share.

What is NorthEast Community Bancorp's dividend yield?

Currently NorthEast Community Bancorp's dividend yield is 1.91%.

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 26.7%.

Does NorthEast Community Bancorp pay a good dividend?

NorthEast Community Bancorp's dividend yield is below the Financial Services sector average.