Peoples Financial Services's latest quarterly dividend was on Feb 28, 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 4.31% based on its recent close price.
Peoples Financial Services's dividend yield of 4.31% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.44%, Peoples Financial Services's dividend yield is 25% higher. Historically PFIS's dividend yield has averaged at 3.4% 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 2.5% since twelve months ago. And with the price of the stock down by 7% from a year ago, the dividend yield marks an increase of 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 42.6% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 39.5%, Peoples Financial Services's payout ratio is 8% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWFL Norwood Financial Corp | 4.86% | $1.18 | 56.7% |
| FULT Fulton Financial Corp | 4.4% | $0.66 | 39.8% |
| UVSP UNIVEST FINANCIAL Corp | 4.32% | $0.84 | 34.7% |
| PFIS Peoples Financial Services Corp | 4.31% | $1.64 | 42.6% |
| FFBC First Financial Bancorp | 4.2% | $0.92 | 33.8% |
| FCF First Commonwealth Financial Corp | 3.79% | $0.5 | 32.3% |
| FNB Fnb Corp | 3.66% | $0.48 | 36.4% |
| SMMF Summit Financial Group Inc | 3.16% | $0.86 | 22.5% |
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 May 2024.
Peoples Financial Services's last dividend ex-date was on Feb 28, 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 4.31%.
Peoples Financial Services pays dividends quarterly.
The dividend payout ratio of Peoples Financial Services is 42.6%.
Peoples Financial Services's dividend yield is above the Financial Services sector average.