Salisbury Bancorp's last quarterly dividend was on Nov 9, 2022 (ex-date) with a distribution of $0.16 per share. On an annualized basis, the company has a current payout of $0.64 per share. This brings the dividend yield to 2.14% based on its recent close price.
SAL has a dividend yield of 2.14% which is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.62%, Salisbury Bancorp's dividend yield is 18% lower. The historical 5-year average of SAL's dividend yield is 2.7%, which is above the current yield.
Salisbury Bancorp has been paying dividends since 1998. SAL has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 6% since one year ago. And with the stock price up by 5% from a year ago, the dividend yield marks an increase of 0.8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 9, 2022 | Nov 25, 2022 | Oct 19, 2022 | $0.16 | normal |
| Aug 11, 2022 | Aug 26, 2022 | Jul 20, 2022 | $0.16 | normal |
| May 12, 2022 | May 27, 2022 | Apr 20, 2022 | $0.16 | normal |
| Feb 10, 2022 | Feb 25, 2022 | Jan 26, 2022 | $0.16 | normal |
| Nov 10, 2021 | Nov 26, 2021 | Oct 20, 2021 | $0.155 | normal |
| Aug 12, 2021 | Aug 27, 2021 | Jul 21, 2021 | $0.155 | normal |
| May 13, 2021 | May 28, 2021 | Apr 21, 2021 | $0.15 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Jan 27, 2021 | $0.145 | normal |
| Nov 12, 2020 | Nov 27, 2020 | Oct 30, 2020 | $0.145 | normal |
| Aug 13, 2020 | Aug 28, 2020 | Jul 31, 2020 | $0.145 | normal |
| May 14, 2020 | May 29, 2020 | Apr 27, 2020 | $0.145 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Jan 24, 2020 | $0.145 | normal |
| Nov 14, 2019 | Nov 29, 2019 | Oct 25, 2019 | $0.14 | normal |
| Aug 15, 2019 | Aug 30, 2019 | Jul 26, 2019 | $0.14 | normal |
| May 16, 2019 | May 31, 2019 | Apr 26, 2019 | $0.14 | normal |
| Feb 13, 2019 | Feb 28, 2019 | Jan 25, 2019 | $0.14 | normal |
| Nov 15, 2018 | Nov 30, 2018 | Oct 26, 2018 | $0.14 | normal |
| Aug 16, 2018 | Aug 31, 2018 | Jul 27, 2018 | $0.14 | normal |
| May 10, 2018 | May 25, 2018 | Apr 27, 2018 | $0.14 | normal |
| Feb 8, 2018 | Feb 23, 2018 | Jan 26, 2018 | $0.14 | normal |
| Nov 9, 2017 | Nov 24, 2017 | Oct 27, 2017 | $0.14 | normal |
| Aug 9, 2017 | Aug 25, 2017 | Jul 28, 2017 | $0.14 | normal |
| May 10, 2017 | May 26, 2017 | Apr 28, 2017 | $0.14 | normal |
SAL has a payout ratio of 23.1% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 31.2%, Salisbury Bancorp's payout ratio is 26% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 4.92% | $2.18 | 50.2% |
| FNLC First Bancorp Inc | 4.38% | $1.34 | 37.3% |
| BRKL Brookline Bancorp Inc | 3.75% | $0.52 | 36.9% |
| WBS Webster Financial Corp | 2.9% | $1.6 | 47.5% |
| BWFG Bankwell Financial Group Inc | 2.61% | $0.8 | 16.7% |
| INDB Independent Bank Corp | 2.51% | $2.08 | 53.7% |
| SAL Salisbury Bancorp Inc | 2.15% | $0.64 | 23.1% |
Yes, Salisbury Bancorp has paid four dividends in the last 12 months. SAL has been paying dividends since 1998.
SAL's next dividend is scheduled on Feb 9, 2023 (ex-date).
Salisbury Bancorp's last dividend ex-date was on Nov 9, 2022. The dividend amount was $0.16 per share.
On an annual basis SAL pays $0.64 per share.
Currently Salisbury Bancorp's dividend yield is 2.14%.
Salisbury Bancorp has a quarterly dividend frequency.
The dividend payout ratio of Salisbury Bancorp is 23.1%.
Salisbury Bancorp's dividend yield is below the Financial Services sector average.