Pacwest Bancorp's last quarterly dividend was on Aug 12, 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 4.42% based on its recent close price.
PACW has a dividend yield of 4.42% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.95%, Pacwest Bancorp's dividend yield is 50% higher. The current dividend yield is lower than the historical average of 5.0% 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 52% from a year ago, the dividend yield has grown by 106%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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% 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 30.2%, Pacwest Bancorp's payout ratio is 24% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UBFO United Security Bancshares | 6.7% | $0.44 | 64.7% |
| PACW Pacwest Bancorp | 4.31% | $1 | 23% |
| PPBI Pacific Premier Bancorp Inc | 4.17% | $1.32 | 40% |
| HAFC Hanmi Financial Corp | 3.68% | $0.89 | 25.7% |
| WABC Westamerica Bancorporation | 3.15% | $1.68 | 49.3% |
| CVBF Cvb Financial Corp | 2.83% | $0.73 | 50% |
| WFC Wells Fargo & Company | 2.41% | $1 | 23.8% |
| EWBC East West Bancorp Inc | 2.23% | $1.53 | 23.1% |
Yes, Pacwest Bancorp has paid four dividends in the last 12 months. PACW has been paying dividends since 2000.
PACW hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in November 2022.
Pacwest Bancorp's last regular dividend was on Aug 12, 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 4.42%.
Pacwest Bancorp pays four dividends per year.
Pacwest Bancorp's dividend payout ratio is 23%.
Pacwest Bancorp's dividend yield is higher than the Financial Services sector average.