Peapack Gladstone Financial's last quarterly dividend was on Aug 9, 2023 (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 0.78% based on its recent close price.
PGC has a dividend yield of 0.78% which is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.78%, Peapack Gladstone Financial's dividend yield is 79% lower. The current dividend yield is above the historical average of 0.7% of the last 5 years.
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 down by 22% from a year ago, the dividend yield marks an increase of 29%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 9, 2023 | Aug 24, 2023 | Jun 22, 2023 | $0.05 | normal |
| May 5, 2023 | May 22, 2023 | Apr 25, 2023 | $0.05 | normal |
| Feb 8, 2023 | Feb 23, 2023 | Jan 26, 2023 | $0.05 | normal |
| Nov 9, 2022 | Nov 28, 2022 | Oct 27, 2022 | $0.05 | normal |
| Aug 10, 2022 | Aug 25, 2022 | Jul 28, 2022 | $0.05 | normal |
| May 11, 2022 | May 26, 2022 | Apr 28, 2022 | $0.05 | normal |
| Feb 9, 2022 | Feb 25, 2022 | Jan 27, 2022 | $0.05 | normal |
| Nov 9, 2021 | Nov 26, 2021 | Oct 27, 2021 | $0.05 | normal |
| Aug 9, 2021 | Aug 24, 2021 | Jul 27, 2021 | $0.05 | normal |
| May 10, 2021 | May 25, 2021 | Apr 27, 2021 | $0.05 | normal |
| Feb 10, 2021 | Feb 26, 2021 | Jan 28, 2021 | $0.05 | normal |
| Nov 9, 2020 | Nov 25, 2020 | Oct 27, 2020 | $0.05 | normal |
| Aug 10, 2020 | Aug 25, 2020 | Jul 28, 2020 | $0.05 | normal |
| May 11, 2020 | May 27, 2020 | Apr 28, 2020 | $0.05 | normal |
| Feb 10, 2020 | Feb 26, 2020 | Jan 28, 2020 | $0.05 | normal |
| Nov 6, 2019 | Nov 22, 2019 | Oct 24, 2019 | $0.05 | normal |
| Aug 7, 2019 | Aug 22, 2019 | Jul 25, 2019 | $0.05 | normal |
| May 8, 2019 | May 23, 2019 | Apr 25, 2019 | $0.05 | normal |
| Feb 6, 2019 | Feb 22, 2019 | Jan 24, 2019 | $0.05 | normal |
| Nov 7, 2018 | Nov 23, 2018 | Oct 25, 2018 | $0.05 | normal |
| Aug 8, 2018 | Aug 23, 2018 | Jul 26, 2018 | $0.05 | normal |
| May 7, 2018 | May 22, 2018 | Apr 24, 2018 | $0.05 | normal |
| Feb 7, 2018 | Feb 23, 2018 | Jan 25, 2018 | $0.05 | normal |
| Nov 8, 2017 | Nov 24, 2017 | Oct 26, 2017 | $0.05 | normal |
| Aug 7, 2017 | Aug 23, 2017 | Jul 26, 2017 | $0.05 | normal |
| May 3, 2017 | May 19, 2017 | Apr 20, 2017 | $0.05 | normal |
| Feb 7, 2017 | Feb 23, 2017 | Jan 26, 2017 | $0.05 | normal |
| Nov 8, 2016 | Nov 25, 2016 | Oct 27, 2016 | $0.05 | normal |
| Aug 9, 2016 | Aug 25, 2016 | Jul 28, 2016 | $0.05 | normal |
PGC has a payout ratio of 5% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 33.4%, Peapack Gladstone Financial's payout ratio is 85% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VLY Valley National Bancorp | 5.24% | $0.44 | 35.5% |
| PKBK Parke Bancorp Inc | 4.44% | $0.72 | 21.4% |
| UNTY Unity Bancorp Inc | 2.01% | $0.47 | 12.3% |
| PGC Peapack Gladstone Financial Corp | 0.78% | $0.2 | 5% |
Yes, Peapack Gladstone Financial has been paying dividends for the last 24 years.
PGC 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 2023.
Peapack Gladstone Financial's last regular dividend was on Aug 9, 2023 (ex-date) with the amount of $0.05 per share.
PGC's annualized dividend per share is $0.2.
Currently Peapack Gladstone Financial's dividend yield is 0.78%.
Peapack Gladstone Financial pays four dividends per year.
Peapack Gladstone Financial's dividend payout ratio is 5%.
Peapack Gladstone Financial's dividend yield is below the Financial Services sector average.