Provident Bancorp's latest quarterly dividend was on Aug 11, 2022 (ex-date) with a payout of $0.04 per share. On an annualized basis, the company has a current payout of $0.16 per share. This brings the dividend yield to 1.12% based on its recent close price.
PVBC has a dividend yield of 1.12% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.95%, Provident Bancorp's dividend yield is 62% lower.
Provident Bancorp has been paying dividends since 2020. PVBC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 14% since twelve months ago. And with the price of the stock down by 13% from a year ago, the dividend yield has an increase of 31%.
|Ex-date||Payment date||Declared on||Amount||Type|
|Aug 11, 2022||Aug 26, 2022||Jul 28, 2022||$0.04||normal|
|May 12, 2022||May 27, 2022||Apr 28, 2022||$0.04||normal|
|Feb 9, 2022||Feb 25, 2022||Jan 27, 2022||$0.04||normal|
|Nov 12, 2021||Nov 29, 2021||Oct 28, 2021||$0.04||normal|
|Aug 12, 2021||Aug 27, 2021||Jul 29, 2021||$0.04||normal|
|May 6, 2021||May 21, 2021||Apr 22, 2021||$0.04||normal|
|Feb 10, 2021||Feb 26, 2021||Jan 28, 2021||$0.03||normal|
|Nov 4, 2020||Nov 19, 2020||Oct 22, 2020||$0.03||normal|
|Jul 29, 2020||Aug 13, 2020||Jul 17, 2020||$0.03||normal|
|Apr 29, 2020||May 14, 2020||Apr 16, 2020||$0.03||normal|
PVBC has a payout ratio of 13.3% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 30.2%, Provident Bancorp's payout ratio is 56% lower.
Yes, Provident Bancorp has paid four dividends in the last twelve months. PVBC has been paying dividends since 2020.
At this point we don't have a record of PVBC's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.
Provident Bancorp's last dividend ex-date was on Aug 11, 2022. The dividend amount was $0.04 per share.
PVBC has paid dividend of $0.16 per share in the last year.
The current dividend yield of Provident Bancorp is 1.12%.
Provident Bancorp has a quarterly dividend frequency.
Provident Bancorp's dividend payout ratio is 13.3%.
Provident Bancorp's dividend yield is lower than the Financial Services sector average.