Peoples Financial Services's latest quarterly dividend was on Feb 27, 2023 (ex-date) with a payout of $0.41 per share. On an annualized basis, the company has a current payout of $1.6 per share. This brings the dividend yield to 3.62% based on its recent close price. The latest dividend marks an increase of $0.01, or 2.5% from the prior distribution.
Peoples Financial Services's dividend yield of 3.62% is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 3.32%, Peoples Financial Services's dividend yield is 9% higher. Historically PFIS's dividend yield has averaged at 3.2% in the last 5 years, which is below 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 5% since twelve months ago. And with the price of the stock down by 15% from a year ago, the dividend yield marks an increase of 24%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 30.1% is below the Financial Services sector, the industry and its peers average. But compared to its Financial Services sector average of 30.6%, Peoples Financial Services's payout ratio is only 1.6% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FULT Fulton Financial Corp | 4.29% | $0.6 | 35.5% |
| FFBC First Financial Bancorp | 4.19% | $0.92 | 39.5% |
| FNB Fnb Corp | 4.11% | $0.48 | 39% |
| FCF First Commonwealth Financial Corp | 3.84% | $0.48 | 35% |
| SMMF Summit Financial Group Inc | 3.63% | $0.78 | 19% |
| PFIS Peoples Financial Services Corp | 3.62% | $1.6 | 30.1% |
| UVSP UNIVEST FINANCIAL Corp | 3.52% | $0.84 | 31.6% |
Yes, Peoples Financial Services has been paying dividends for the last 21 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 May 2023.
Peoples Financial Services's last dividend ex-date was on Feb 27, 2023. The dividend amount was $0.41 per share.
PFIS's annualized dividend per share is $1.6.
Currently Peoples Financial Services's dividend yield is 3.62%.
Peoples Financial Services pays dividends quarterly.
The dividend payout ratio of Peoples Financial Services is 30.1%.
Peoples Financial Services's dividend yield is above the Financial Services sector average.