Peoples Financial Services's latest quarterly dividend was on May 31, 2024 (ex-date) with a payout of $0.41 per share. On an annualized basis, the company has a current payout of $1.64 per share. This brings the dividend yield to 3.25% based on its recent close price.
Peoples Financial Services's dividend yield of 3.25% is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 2.83%, Peoples Financial Services's dividend yield is 15% higher. Historically PFIS's dividend yield has averaged at 3.4% in the last 5 years, which is above the current yield.
Peoples Financial Services has been paying dividends since 2002. PFIS has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 1.2% since twelve months ago. But with the price of the stock up by 6% from a year ago, the dividend yield has a decrease of 4.6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 31, 2024 | Jun 14, 2024 | Apr 26, 2024 | $0.41 | normal |
| Feb 28, 2024 | Mar 15, 2024 | Jan 26, 2024 | $0.41 | normal |
| Nov 29, 2023 | Dec 15, 2023 | Oct 27, 2023 | $0.41 | normal |
| Aug 30, 2023 | Sep 15, 2023 | Jul 28, 2023 | $0.41 | normal |
| May 30, 2023 | Jun 15, 2023 | Apr 28, 2023 | $0.41 | normal |
| Feb 27, 2023 | Mar 15, 2023 | Jan 27, 2023 | $0.41 | normal |
| Nov 29, 2022 | Dec 15, 2022 | Oct 28, 2022 | $0.4 | normal |
| Aug 30, 2022 | Sep 15, 2022 | Jul 29, 2022 | $0.4 | normal |
| May 27, 2022 | Jun 15, 2022 | Apr 29, 2022 | $0.39 | normal |
| Feb 25, 2022 | Mar 15, 2022 | Jan 28, 2022 | $0.39 | normal |
| Nov 29, 2021 | Dec 15, 2021 | Oct 29, 2021 | $0.38 | normal |
| Aug 30, 2021 | Sep 15, 2021 | Jul 30, 2021 | $0.38 | normal |
| May 27, 2021 | Jun 15, 2021 | Apr 30, 2021 | $0.37 | normal |
| Feb 25, 2021 | Mar 15, 2021 | Jan 29, 2021 | $0.37 | normal |
| Nov 27, 2020 | Dec 15, 2020 | Oct 30, 2020 | $0.36 | normal |
| Aug 28, 2020 | Sep 15, 2020 | Jul 31, 2020 | $0.36 | normal |
| May 28, 2020 | Jun 15, 2020 | Apr 24, 2020 | $0.36 | normal |
| Feb 27, 2020 | Mar 13, 2020 | Feb 7, 2020 | $0.36 | normal |
| Nov 27, 2019 | Dec 13, 2019 | Oct 25, 2019 | $0.35 | normal |
| Aug 29, 2019 | Sep 13, 2019 | Jul 26, 2019 | $0.34 | normal |
| May 30, 2019 | Jun 14, 2019 | Apr 26, 2019 | $0.34 | normal |
| Feb 27, 2019 | Mar 15, 2019 | Feb 1, 2019 | $0.34 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Oct 26, 2018 | $0.33 | normal |
| Aug 30, 2018 | Sep 14, 2018 | Jul 27, 2018 | $0.33 | normal |
| May 30, 2018 | Jun 15, 2018 | Apr 27, 2018 | $0.33 | normal |
| Feb 27, 2018 | Mar 15, 2018 | Jan 26, 2018 | $0.32 | normal |
| Nov 29, 2017 | Dec 15, 2017 | Oct 27, 2017 | $0.32 | normal |
| Aug 29, 2017 | Sep 15, 2017 | Jul 28, 2017 | $0.32 | normal |
| May 26, 2017 | Jun 15, 2017 | Apr 28, 2017 | $0.31 | normal |
| Feb 24, 2017 | Mar 15, 2017 | Jan 27, 2017 | $0.31 | normal |
| Nov 28, 2016 | Dec 15, 2016 | Oct 28, 2016 | $0.31 | normal |
| Aug 29, 2016 | Sep 15, 2016 | Jul 29, 2016 | $0.31 | normal |
Peoples Financial Services's payout ratio of 50% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 41.2%, Peoples Financial Services's payout ratio is 21% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWFL Norwood Financial Corp | 4.04% | $1.19 | 62% |
| FULT Fulton Financial Corp | 3.34% | $0.67 | 41.4% |
| FFBC First Financial Bancorp | 3.28% | $0.92 | 36.7% |
| PFIS Peoples Financial Services Corp | 3.25% | $1.64 | 50% |
| FNB Fnb Corp | 3.09% | $0.48 | 38.7% |
| UVSP UNIVEST FINANCIAL Corp | 2.88% | $0.84 | 35% |
| FCF First Commonwealth Financial Corp | 2.72% | $0.51 | 31.4% |
Yes, Peoples Financial Services has been paying dividends for the last 22 years.
At this point we don't have a record of PFIS's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2024.
Peoples Financial Services's last dividend ex-date was on May 31, 2024. The dividend amount was $0.41 per share.
PFIS's annualized dividend per share is $1.64.
Currently Peoples Financial Services's dividend yield is 3.25%.
Peoples Financial Services pays dividends quarterly.
The dividend payout ratio of Peoples Financial Services is 50%.
Peoples Financial Services's dividend yield is above the Financial Services sector average.