Pacwest Bancorp's last quarterly dividend was on Nov 14, 2022 (ex-date) with a distribution of $0.25 per share. On an annualized basis, the company has a current payout of $1 per share. This brings the dividend yield to 3.41% based on its recent close price.
PACW has a dividend yield of 3.41% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.61%, Pacwest Bancorp's dividend yield is 31% higher. The current dividend yield is lower than the historical average of 4.9% of the last 5 years.
Pacwest Bancorp has been paying dividends since 2000. PACW has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price down by 40% from a year ago, the dividend yield has grown by 66%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 14, 2022 | Nov 30, 2022 | Nov 1, 2022 | $0.25 | normal |
| Aug 12, 2022 | Aug 31, 2022 | Aug 1, 2022 | $0.25 | normal |
| May 13, 2022 | May 31, 2022 | May 2, 2022 | $0.25 | normal |
| Feb 14, 2022 | Feb 28, 2022 | Feb 1, 2022 | $0.25 | normal |
| Nov 12, 2021 | Nov 30, 2021 | Nov 1, 2021 | $0.25 | normal |
| Aug 16, 2021 | Aug 31, 2021 | Aug 2, 2021 | $0.25 | normal |
| May 14, 2021 | May 28, 2021 | May 3, 2021 | $0.25 | normal |
| Feb 26, 2021 | Mar 10, 2021 | Feb 17, 2021 | $0.25 | normal |
| Nov 27, 2020 | Dec 10, 2020 | Nov 10, 2020 | $0.25 | normal |
| Aug 28, 2020 | Sep 10, 2020 | Aug 17, 2020 | $0.25 | normal |
| May 19, 2020 | May 29, 2020 | May 1, 2020 | $0.25 | normal |
| Feb 19, 2020 | Feb 28, 2020 | Feb 3, 2020 | $0.6 | normal |
| Nov 19, 2019 | Nov 29, 2019 | Nov 1, 2019 | $0.6 | normal |
| Aug 19, 2019 | Aug 30, 2019 | Aug 1, 2019 | $0.6 | normal |
| May 17, 2019 | May 31, 2019 | May 1, 2019 | $0.6 | normal |
| Feb 19, 2019 | Feb 28, 2019 | Feb 1, 2019 | $0.6 | normal |
| Nov 19, 2018 | Nov 30, 2018 | Nov 1, 2018 | $0.6 | normal |
| Aug 17, 2018 | Aug 31, 2018 | Aug 1, 2018 | $0.6 | normal |
| May 18, 2018 | May 31, 2018 | Apr 24, 2018 | $0.6 | normal |
| Feb 16, 2018 | Feb 28, 2018 | Feb 1, 2018 | $0.5 | normal |
| Nov 17, 2017 | Nov 30, 2017 | Nov 1, 2017 | $0.5 | normal |
| Aug 17, 2017 | Aug 31, 2017 | Aug 1, 2017 | $0.5 | normal |
| May 18, 2017 | May 31, 2017 | May 1, 2017 | $0.5 | normal |
| Feb 16, 2017 | Feb 28, 2017 | Feb 1, 2017 | $0.5 | normal |
| Nov 10, 2016 | Nov 30, 2016 | Nov 1, 2016 | $0.5 | normal |
| Aug 11, 2016 | Aug 31, 2016 | Aug 1, 2016 | $0.5 | normal |
| May 12, 2016 | May 31, 2016 | May 2, 2016 | $0.5 | normal |
PACW has a payout ratio of 23.9% 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 31.2%, Pacwest Bancorp's payout ratio is 23% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UBFO United Security Bancshares | 5.36% | $0.44 | 55.7% |
| HAFC Hanmi Financial Corp | 4.02% | $0.97 | 27.9% |
| PPBI Pacific Premier Bancorp Inc | 3.74% | $1.32 | 42.3% |
| PACW Pacwest Bancorp | 3.41% | $1 | 23.9% |
| CVBF Cvb Financial Corp | 3.02% | $0.77 | 49.7% |
| WABC Westamerica Bancorporation | 2.97% | $1.68 | 43.3% |
| WFC Wells Fargo & Company | 2.42% | $1.15 | 29.6% |
| EWBC East West Bancorp Inc | 2.14% | $1.68 | 23.5% |
Yes, Pacwest Bancorp has paid four dividends in the last 12 months. PACW has been paying dividends since 2000.
PACW's next dividend date is Feb 14, 2023 (ex-date).
Pacwest Bancorp's last regular dividend was on Nov 14, 2022 (ex-date) with the amount of $0.25 per share.
PACW has paid dividend of $1 per share in the last year.
The current dividend yield of Pacwest Bancorp is 3.41%.
Pacwest Bancorp pays four dividends per year.
Pacwest Bancorp's dividend payout ratio is 23.9%.
Pacwest Bancorp's dividend yield is higher than the Financial Services sector average.