Pacific Premier Bancorp's most recent quarterly dividend of $0.33 per share was on May 5, 2023 (ex-date). The annualized payout of $1.32 per share represents a current dividend yield of 6.86%.
PPBI has a dividend yield of 6.86% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.86%, Pacific Premier Bancorp's dividend yield is 78% higher.
Pacific Premier Bancorp has a history of paying dividends since 2019. Our records of PPBI show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone down by 40% from a year ago, the dividend yield has increased by 67%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 5, 2023 | May 15, 2023 | Apr 24, 2023 | $0.33 | normal |
| Feb 2, 2023 | Feb 10, 2023 | Jan 24, 2023 | $0.33 | normal |
| Oct 28, 2022 | Nov 10, 2022 | Oct 19, 2022 | $0.33 | normal |
| Jul 29, 2022 | Aug 12, 2022 | Jul 19, 2022 | $0.33 | normal |
| May 5, 2022 | May 13, 2022 | Apr 22, 2022 | $0.33 | normal |
| Feb 3, 2022 | Feb 11, 2022 | Jan 20, 2022 | $0.33 | normal |
| Oct 29, 2021 | Nov 12, 2021 | Oct 19, 2021 | $0.33 | normal |
| Aug 5, 2021 | Aug 13, 2021 | Jul 23, 2021 | $0.33 | normal |
| May 6, 2021 | May 14, 2021 | Apr 23, 2021 | $0.33 | normal |
| Feb 4, 2021 | Feb 12, 2021 | Jan 26, 2021 | $0.3 | normal |
| Nov 5, 2020 | Nov 13, 2020 | Oct 23, 2020 | $0.28 | normal |
| Aug 6, 2020 | Aug 14, 2020 | Jul 24, 2020 | $0.25 | normal |
| May 7, 2020 | May 15, 2020 | Apr 24, 2020 | $0.25 | normal |
| Jan 31, 2020 | Feb 14, 2020 | Jan 21, 2020 | $0.25 | normal |
| Oct 31, 2019 | Nov 15, 2019 | Oct 18, 2019 | $0.22 | normal |
| Aug 1, 2019 | Aug 15, 2019 | Jul 19, 2019 | $0.22 | normal |
| Apr 30, 2019 | May 15, 2019 | Apr 19, 2019 | $0.22 | normal |
| Feb 14, 2019 | Mar 1, 2019 | Jan 28, 2019 | $0.22 | normal |
PPBI has a payout ratio of 44.9% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 32.1%, Pacific Premier Bancorp's payout ratio is 40% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PACW Pacwest Bancorp | 10.01% | $0.76 | N/A |
| PPBI Pacific Premier Bancorp Inc | 6.48% | $1.32 | 44.9% |
| CVBF Cvb Financial Corp | 5.96% | $0.79 | 44.6% |
| BMRC Bank of Marin Bancorp | 5.68% | $1 | 35% |
| BSRR Sierra Bancorp | 5.55% | $0.92 | 39.3% |
| CATY Cathay General Bancorp | 4.32% | $1.36 | 26.3% |
| EWBC East West Bancorp Inc | 3.4% | $1.76 | 20.5% |
| CVCY Central Valley Community Bancorp | 3.08% | $0.48 | 20.3% |
Yes, Pacific Premier Bancorp has paid four dividends in the last 12 months. PPBI has been paying dividends since 2019.
PPBI hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in August 2023.
Pacific Premier Bancorp's last regular dividend was on May 5, 2023 (ex-date) with the amount of $0.33 per share.
PPBI has paid dividend of $1.32 per share in the last year.
The current dividend yield of Pacific Premier Bancorp is 6.86%.
Pacific Premier Bancorp pays four dividends per year.
Pacific Premier Bancorp's dividend payout ratio is 44.9%.
Pacific Premier Bancorp's dividend yield is higher than the Financial Services sector average.