Back to PVBC overview

PVBC Provident Bancorp dividend history, payout ratio & dates

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.

Key dates

  • PVBC last dividend date: Aug 11, 2022
  • PVBC next dividend date: Not announced
PVBC dividend stats
DPS
$0.16
Dividend yield
1.12%
Payout ratio
13.3%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Provident Bancorp current dividend yield

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.

Dividend history

What is PVBC dividend payout history and dates

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%.

Recent dividends

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

Provident Bancorp dividend payout ratio

What is Provident Bancorp dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

PVBC dividend vs peer dividends

How does PVBC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NBTB Nbt Bancorp Inc 2.97% $1.14 32.5%
NBHC National Bank Holdings Corp 2.45% $0.91 34.1%
PVBC Provident Bancorp Inc 1.12% $0.16 13.3%

Frequently asked questions

Does Provident Bancorp pay a dividend?

Yes, Provident Bancorp has paid four dividends in the last twelve months. PVBC has been paying dividends since 2020.

When is Provident Bancorp's next dividend?

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.

When was PVBC's last dividend?

Provident Bancorp's last dividend ex-date was on Aug 11, 2022. The dividend amount was $0.04 per share.

How much dividend does Provident Bancorp pay (per share)?

PVBC has paid dividend of $0.16 per share in the last year.

What is Provident Bancorp's dividend yield?

The current dividend yield of Provident Bancorp is 1.12%.

How often does Provident Bancorp pay dividends?

Provident Bancorp has a quarterly dividend frequency.

What is Provident Bancorp's dividend payout ratio?

Provident Bancorp's dividend payout ratio is 13.3%.

Does Provident Bancorp pay a good dividend?

Provident Bancorp's dividend yield is lower than the Financial Services sector average.