Washington Federal's last quarterly dividend was on Feb 22, 2024 (ex-date) with a distribution of $0.26 per share. On an annualized basis, the company has a current payout of $1.01 per share. This brings the dividend yield to 3.74% based on its recent close price. The latest dividend has grown by $0.01, or 4% from the previous dividend.
WAFD has a dividend yield of 3.74% which is above the Financial Services sector average but below the industry and its peers average. In comparison with its Financial Services sector average of 3.56%, Washington Federal's dividend yield is 5% higher. The historical 5-year average of WAFD's dividend yield is 3.0%, which is lower than the current yield.
Washington Federal has been paying dividends since 1998. WAFD has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 4.1% since one year ago. And with the stock price down by 8% from a year ago, the dividend yield has grown by 13%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 22, 2024 | Mar 8, 2024 | Feb 13, 2024 | $0.26 | normal |
| Nov 22, 2023 | Dec 8, 2023 | Nov 14, 2023 | $0.25 | normal |
| Aug 24, 2023 | Sep 8, 2023 | Aug 15, 2023 | $0.25 | normal |
| May 18, 2023 | Jun 2, 2023 | May 9, 2023 | $0.25 | normal |
| Feb 23, 2023 | Mar 10, 2023 | Feb 14, 2023 | $0.25 | normal |
| Nov 17, 2022 | Dec 2, 2022 | Nov 8, 2022 | $0.24 | normal |
| Aug 18, 2022 | Sep 2, 2022 | Aug 9, 2022 | $0.24 | normal |
| May 19, 2022 | Jun 3, 2022 | May 10, 2022 | $0.24 | normal |
| Feb 3, 2022 | Feb 18, 2022 | Jan 25, 2022 | $0.24 | normal |
| Nov 4, 2021 | Nov 19, 2021 | Oct 26, 2021 | $0.23 | normal |
| Aug 5, 2021 | Aug 20, 2021 | Jul 27, 2021 | $0.23 | normal |
| May 6, 2021 | May 21, 2021 | Apr 27, 2021 | $0.23 | normal |
| Feb 4, 2021 | Feb 19, 2021 | Jan 26, 2021 | $0.23 | normal |
| Nov 5, 2020 | Nov 20, 2020 | Oct 27, 2020 | $0.22 | normal |
| Aug 6, 2020 | Aug 21, 2020 | Jul 28, 2020 | $0.22 | normal |
| May 7, 2020 | May 22, 2020 | Apr 28, 2020 | $0.22 | normal |
| Feb 6, 2020 | Feb 21, 2020 | Jan 22, 2020 | $0.22 | normal |
| Nov 7, 2019 | Nov 22, 2019 | Oct 29, 2019 | $0.21 | normal |
| Aug 8, 2019 | Aug 23, 2019 | Jul 22, 2019 | $0.21 | normal |
| May 9, 2019 | May 24, 2019 | Apr 29, 2019 | $0.2 | normal |
| Feb 7, 2019 | Feb 22, 2019 | Jan 16, 2019 | $0.2 | normal |
| Nov 8, 2018 | Nov 23, 2018 | Oct 22, 2018 | $0.18 | normal |
| Aug 9, 2018 | Aug 24, 2018 | Jul 23, 2018 | $0.18 | normal |
| May 10, 2018 | May 25, 2018 | Apr 30, 2018 | $0.17 | normal |
| Feb 8, 2018 | Feb 23, 2018 | Jan 24, 2018 | $0.17 | normal |
| Nov 3, 2017 | Nov 20, 2017 | Oct 25, 2017 | $0.15 | normal |
| Aug 2, 2017 | Aug 18, 2017 | Jul 24, 2017 | $0.15 | normal |
| May 3, 2017 | May 19, 2017 | Apr 24, 2017 | $0.15 | normal |
| Jan 30, 2017 | Feb 10, 2017 | Jan 18, 2017 | $0.25 | special |
| Jan 30, 2017 | Feb 10, 2017 | Jan 18, 2017 | $0.15 | normal |
| Nov 2, 2016 | Nov 18, 2016 | Oct 25, 2016 | $0.14 | normal |
| Aug 3, 2016 | Aug 19, 2016 | Jul 25, 2016 | $0.14 | normal |
| Apr 27, 2016 | May 13, 2016 | Apr 19, 2016 | $0.14 | normal |
WAFD has a payout ratio of 29.6% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 39.5%, Washington Federal's payout ratio is 25% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TBNK Territorial Bancorp Inc | 7.97% | $0.56 | 96.6% |
| RVSB Riverview Bancorp Inc | 5.63% | $0.24 | 51.1% |
| TSBK Timberland Bancorp Inc | 3.82% | $0.93 | 29.2% |
| WAFD Washington Federal Inc | 3.74% | $1.01 | 29.6% |
| FSBW FS Bancorp Inc | 3.27% | $1.01 | 21.8% |
| BANC Banc Of California Inc | 2.9% | $0.4 | N/A |
| FFNW First Financial Northwest Inc | 2.56% | $0.52 | 75.4% |
Yes, Washington Federal has paid four dividends in the last 12 months. WAFD has been paying dividends since 1998.
WAFD hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2024.
Washington Federal's last regular dividend was on Feb 22, 2024 (ex-date) with the amount of $0.26 per share.
On an annual basis WAFD pays $1.01 per share.
The current dividend yield of Washington Federal is 3.74%.
Washington Federal has a quarterly dividend frequency.
Washington Federal's dividend payout ratio is 29.6%.
Washington Federal's dividend yield is higher than the Financial Services sector average.