Old Second Bancorp's most recent quarterly dividend payment of $0.05 per share was made to shareholders on record before Oct 27, 2022. The payout stands at $0.2 per share annually, which works out to a dividend yield of 1.19%.
OSBC has a dividend yield of 1.19% which is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 2.73%, Old Second Bancorp's dividend yield is 56% lower. The current dividend yield is more than the historical average of 0.6% of the last 5 years.
Old Second Bancorp has a dividend history dating as far as 1995, but lately the company has been paying dividends for the last six consecutive years. According to our data OSBC has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 25% for the last year. However since the stock price has gone up by 34% from a year ago, the dividend yield has decreased by 7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Oct 27, 2022 | Nov 7, 2022 | Oct 18, 2022 | $0.05 | normal |
| Jul 28, 2022 | Aug 8, 2022 | Jul 19, 2022 | $0.05 | normal |
| Apr 28, 2022 | May 9, 2022 | Apr 19, 2022 | $0.05 | normal |
| Jan 27, 2022 | Feb 7, 2022 | Jan 18, 2022 | $0.05 | normal |
| Oct 28, 2021 | Nov 8, 2021 | Oct 19, 2021 | $0.05 | normal |
| Jul 29, 2021 | Aug 9, 2021 | Jul 20, 2021 | $0.05 | normal |
| Apr 29, 2021 | May 10, 2021 | Apr 20, 2021 | $0.05 | normal |
| Jan 28, 2021 | Feb 8, 2021 | Jan 19, 2021 | $0.01 | normal |
| Oct 29, 2020 | Nov 9, 2020 | Oct 19, 2020 | $0.01 | normal |
| Jul 30, 2020 | Aug 10, 2020 | Jul 21, 2020 | $0.01 | normal |
| Apr 30, 2020 | May 11, 2020 | Apr 21, 2020 | $0.01 | normal |
| Jan 30, 2020 | Feb 10, 2020 | Jan 21, 2020 | $0.01 | normal |
| Oct 24, 2019 | Nov 4, 2019 | Oct 15, 2019 | $0.01 | normal |
| Jul 25, 2019 | Aug 5, 2019 | Jul 16, 2019 | $0.01 | normal |
| Apr 25, 2019 | May 6, 2019 | Apr 16, 2019 | $0.01 | normal |
| Jan 24, 2019 | Feb 4, 2019 | Jan 15, 2019 | $0.01 | normal |
| Oct 25, 2018 | Nov 5, 2018 | Oct 16, 2018 | $0.01 | normal |
| Jul 26, 2018 | Aug 6, 2018 | Jul 17, 2018 | $0.01 | normal |
| Apr 26, 2018 | May 7, 2018 | Apr 17, 2018 | $0.01 | normal |
| Jan 25, 2018 | Feb 5, 2018 | Jan 17, 2018 | $0.01 | normal |
| Oct 26, 2017 | Nov 6, 2017 | Oct 17, 2017 | $0.01 | normal |
| Jul 26, 2017 | Aug 7, 2017 | Jul 18, 2017 | $0.01 | normal |
| Apr 26, 2017 | May 8, 2017 | Apr 18, 2017 | $0.01 | normal |
| Jan 25, 2017 | Feb 6, 2017 | Jan 17, 2017 | $0.01 | normal |
| Oct 26, 2016 | Nov 7, 2016 | Oct 18, 2016 | $0.01 | normal |
| Jul 27, 2016 | Aug 9, 2016 | Jul 19, 2016 | $0.01 | normal |
OSBC has a payout ratio of 31.7% which is higher than the Financial Services sector and the industry average. But in comparison with the Financial Services sector average of 30.7%, Old Second Bancorp's payout ratio is only 3.3% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BUSE First Busey Corp | 3.72% | $0.92 | 41.3% |
| WTFC Wintrust Financial Corp | 1.56% | $1.36 | 18.2% |
| OSBC Old Second Bancorp Inc | 1.19% | $0.2 | 31.7% |
Yes, Old Second Bancorp has paid four dividends in the last 12 months. OSBC has been paying dividends since 2016.
OSBC 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 January 2023.
Old Second Bancorp's last regular dividend was on Oct 27, 2022 (ex-date) with the amount of $0.05 per share.
OSBC has paid dividend of $0.2 per share in the last year.
Currently Old Second Bancorp's dividend yield is 1.19%.
Old Second Bancorp pays four dividends per year.
The dividend payout ratio of Old Second Bancorp is 31.7%.
Old Second Bancorp's dividend yield is less than the Financial Services sector average.