PGC Peapack Gladstone Financial dividend history, payout ratio & dates
Peapack Gladstone Financial's last dividend was on Nov 7, 2024 (ex-date) with a distribution of $0.05 per share. On an annualized basis, the company has a current payout of $0.2 per share. This brings the dividend yield to 0.56% based on its recent close price.
Key dates
- PGC last dividend date: Nov 7, 2024
PGC dividend stats
vs. Financial Services sector
Dividend yield
PGC has a dividend yield of 0.56% which is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.58%, Peapack Gladstone Financial's dividend yield is 78% lower. The current dividend yield is below the historical average of 0.7% of the last 5 years.
Dividend history
Peapack Gladstone Financial has been paying dividends since 1999. PGC 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 up by 42% from a year ago, the dividend yield marks a decrease of 29%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 7, 2024 | $0.05 | 0.55% |
| Aug 8, 2024 | $0.05 | 0.77% |
| May 8, 2024 | $0.05 | 0.86% |
| Feb 7, 2024 | $0.05 | 0.83% |
| Nov 8, 2023 | $0.05 | 0.81% |
| Aug 9, 2023 | $0.05 | 0.7% |
| May 5, 2023 | $0.05 | 0.79% |
| Feb 8, 2023 | $0.05 | 0.52% |
| Nov 9, 2022 | $0.05 | 0.5% |
| Aug 10, 2022 | $0.05 | 0.59% |
| May 11, 2022 | $0.05 | 0.65% |
| Feb 9, 2022 | $0.05 | 0.54% |
| Nov 9, 2021 | $0.05 | 0.56% |
| Aug 9, 2021 | $0.05 | 0.61% |
| May 10, 2021 | $0.05 | 0.62% |
| Feb 10, 2021 | $0.05 | 0.74% |
| Nov 9, 2020 | $0.05 | 1.01% |
| Aug 10, 2020 | $0.05 | 1.12% |
| May 11, 2020 | $0.05 | 1.19% |
| Feb 10, 2020 | $0.05 | 0.65% |
| Nov 6, 2019 | $0.05 | 0.67% |
| Aug 7, 2019 | $0.05 | 0.76% |
| May 8, 2019 | $0.05 | 0.71% |
| Feb 6, 2019 | $0.05 | 0.74% |
| Nov 7, 2018 | $0.05 | 0.72% |
| Aug 8, 2018 | $0.05 | 0.6% |
| May 7, 2018 | $0.05 | 0.61% |
| Feb 7, 2018 | $0.05 | 0.57% |
| Nov 8, 2017 | $0.05 | 0.62% |
| Aug 7, 2017 | $0.05 | 0.63% |
| May 3, 2017 | $0.05 | 0.61% |
| Feb 7, 2017 | $0.05 | 0.62% |
| Nov 8, 2016 | $0.05 | 0.86% |
| Aug 9, 2016 | $0.05 | 0.94% |
| May 3, 2016 | $0.05 | 1.08% |
| Feb 9, 2016 | $0.05 | 1.12% |
| Nov 3, 2015 | $0.05 | 0.86% |
| Aug 3, 2015 | $0.05 | 23.37% |
| May 6, 2015 | $0.05 | 25.08% |
| Jan 29, 2015 | $0.05 | 27.63% |
Peapack Gladstone Financial dividend payout ratio
Payout ratio
PGC has a payout ratio of 10.9% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 44%, Peapack Gladstone Financial's payout ratio is 75% lower.
Total amount of dividends paid per financial year (from cash flow)
PGC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VLY Valley National Bancorp | 4.29% | $0.44 | 71% |
| PKBK Parke Bancorp Inc | 3.13% | $0.72 | 30.5% |
| UNTY Unity Bancorp Inc | 1.11% | $0.51 | 12.9% |
| PGC Peapack Gladstone Financial Corp | 0.56% | $0.2 | 10.9% |
Frequently asked questions
Does Peapack Gladstone Financial pay a dividend?
Yes, Peapack Gladstone Financial has been paying dividends for the last 25 years.
When was PGC's last dividend?
Peapack Gladstone Financial's last regular dividend was on Nov 7, 2024 (ex-date) with the amount of $0.05 per share.
How much dividend does Peapack Gladstone Financial pay (per share)?
PGC's annualized dividend per share is $0.2.
What is Peapack Gladstone Financial's dividend yield?
Currently Peapack Gladstone Financial's dividend yield is 0.56%.
How often does Peapack Gladstone Financial pay dividends?
Peapack Gladstone Financial pays four dividends per year.
What is Peapack Gladstone Financial's dividend payout ratio?
Peapack Gladstone Financial's dividend payout ratio is 10.9%.
Does Peapack Gladstone Financial pay a good dividend?
Peapack Gladstone Financial's dividend yield is below the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.