NorthEast Community Bancorp's most recent dividend payment of $0.3 per share was made to shareholders on record before Oct 4, 2024. The payout stands at $0.56 per share annually, which works out to a dividend yield of 2.22%.
NECB has a dividend yield of 2.22% which is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.77%, NorthEast Community Bancorp's dividend yield is 20% lower. The historical 5-year average of NECB's dividend yield is 2.2%, which is similar to the current yield.
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 133% for the last year. And since the stock price has gone up by 43% from a year ago, the dividend yield marks an increase of 63%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Oct 4, 2024 | $0.3 | 2.32% |
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% |
NECB has a payout ratio of 15.1% 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 44.2%, NorthEast Community Bancorp's payout ratio is 66% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
FFIC Flushing Financial Corp | 6.17% | $0.88 | 101.1% |
NFBK Northfield Bancorp Inc | 4.33% | $0.52 | 81.3% |
TRST Trustco Bank Corp N Y | 4.29% | $1.44 | 57.8% |
NECB NorthEast Community Bancorp Inc | 2.22% | $0.56 | 15.1% |
GCBC Greene County Bancorp Inc | 1.14% | $0.34 | 23.6% |
Yes, NorthEast Community Bancorp has paid four dividends in the last 12 months. NECB has been paying dividends since 2007.
NorthEast Community Bancorp's last regular dividend was on Oct 4, 2024 (ex-date) with the amount of $0.3 per share.
On an annual basis NECB pays $0.56 per share.
Currently NorthEast Community Bancorp's dividend yield is 2.22%.
NorthEast Community Bancorp has a quarterly dividend frequency.
The dividend payout ratio of NorthEast Community Bancorp is 15.1%.
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.