UNIVEST FINANCIAL's latest quarterly dividend was on Feb 6, 2024 (ex-date) with a payout of $0.21 per share. On an annualized basis, the company has a current payout of $0.84 per share. This brings the dividend yield to 4.2% based on its recent close price.
UNIVEST FINANCIAL's dividend yield of 4.2% is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 3.36%, UNIVEST FINANCIAL's dividend yield is 25% higher. The historical 5-year average of UVSP's dividend yield is 3.6%, which is below the current yield.
UNIVEST FINANCIAL has been paying dividends since 1998. UVSP has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But with the price of the stock down by 7% from a year ago, the dividend yield has increased by 8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 6, 2024 | Feb 21, 2024 | Jan 24, 2024 | $0.21 | normal |
| Nov 7, 2023 | Nov 22, 2023 | Oct 25, 2023 | $0.21 | normal |
| Aug 8, 2023 | Aug 23, 2023 | Jul 26, 2023 | $0.21 | normal |
| May 9, 2023 | May 24, 2023 | Apr 26, 2023 | $0.21 | normal |
| Feb 7, 2023 | Feb 22, 2023 | Jan 25, 2023 | $0.21 | normal |
| Nov 8, 2022 | Nov 23, 2022 | Oct 26, 2022 | $0.21 | normal |
| Aug 9, 2022 | Aug 24, 2022 | Jul 27, 2022 | $0.21 | normal |
| May 10, 2022 | May 25, 2022 | Apr 27, 2022 | $0.21 | normal |
| Feb 8, 2022 | Feb 23, 2022 | Jan 26, 2022 | $0.2 | normal |
| Nov 9, 2021 | Nov 24, 2021 | Oct 27, 2021 | $0.2 | normal |
| Aug 10, 2021 | Aug 25, 2021 | Jul 28, 2021 | $0.2 | normal |
| May 11, 2021 | May 26, 2021 | Apr 28, 2021 | $0.2 | normal |
| Feb 9, 2021 | Feb 24, 2021 | Jan 27, 2021 | $0.2 | normal |
| Sep 4, 2020 | Oct 1, 2020 | Aug 24, 2020 | $0.2 | normal |
| Jun 1, 2020 | Jul 1, 2020 | May 18, 2020 | $0.2 | normal |
| Mar 9, 2020 | Apr 1, 2020 | Feb 24, 2020 | $0.2 | normal |
| Dec 19, 2019 | Jan 2, 2020 | Dec 10, 2019 | $0.2 | normal |
| Sep 9, 2019 | Oct 1, 2019 | Aug 26, 2019 | $0.2 | normal |
| Jun 3, 2019 | Jul 1, 2019 | May 20, 2019 | $0.2 | normal |
| Mar 12, 2019 | Apr 1, 2019 | Feb 27, 2019 | $0.2 | normal |
| Dec 17, 2018 | Jan 2, 2019 | Dec 3, 2018 | $0.2 | normal |
| Sep 11, 2018 | Oct 1, 2018 | Aug 27, 2018 | $0.2 | normal |
| Jun 5, 2018 | Jul 2, 2018 | May 21, 2018 | $0.2 | normal |
| Mar 13, 2018 | Apr 2, 2018 | Feb 28, 2018 | $0.2 | normal |
| Dec 15, 2017 | Jan 2, 2018 | Dec 4, 2017 | $0.2 | normal |
| Sep 12, 2017 | Oct 2, 2017 | Aug 28, 2017 | $0.2 | normal |
| Jun 5, 2017 | Jul 3, 2017 | May 22, 2017 | $0.2 | normal |
| Mar 6, 2017 | Apr 3, 2017 | Feb 22, 2017 | $0.2 | normal |
| Dec 5, 2016 | Jan 2, 2017 | Nov 23, 2016 | $0.2 | normal |
| Sep 2, 2016 | Oct 3, 2016 | Aug 19, 2016 | $0.2 | normal |
UNIVEST FINANCIAL's payout ratio of 34.7% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 39.6%, UNIVEST FINANCIAL's payout ratio is 12% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PWOD Penns Woods Bancorp Inc | 7.51% | $1.28 | 54.7% |
| CZNC Citizens & Northern Corp | 6.27% | $1.12 | 71.3% |
| NWFL Norwood Financial Corp | 4.87% | $1.18 | 56.7% |
| UVSP UNIVEST FINANCIAL Corp | 4.24% | $0.84 | 34.7% |
| FNB Fnb Corp | 3.58% | $0.48 | 36.4% |
| MTB M&T Bank Corp | 3.56% | $5.2 | 32.8% |
Yes, UNIVEST FINANCIAL has been paying dividends for the last 26 years.
UVSP hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2024.
UNIVEST FINANCIAL's last regular dividend was on Feb 6, 2024 (ex-date) with the amount of $0.21 per share.
UVSP's annualized dividend per share is $0.84.
Currently UNIVEST FINANCIAL's dividend yield is 4.2%.
UNIVEST FINANCIAL has a quarterly dividend frequency.
The dividend payout ratio of UNIVEST FINANCIAL is 34.7%.
UNIVEST FINANCIAL's dividend yield is above the Financial Services sector average.