BHLB Berkshire Hills Bancorp dividend history, payout ratio & dates
Berkshire Hills Bancorp's last dividend was on Sep 30, 2024 (ex-date) with a distribution of $0.18 per share. On an annualized basis, the company has a current payout of $0.72 per share. This brings the dividend yield to 2.62% based on its recent close price.
Key dates
- BHLB last dividend date: Sep 30, 2024
BHLB dividend stats
vs. Financial Services sector
Dividend yield
BHLB has a dividend yield of 2.62% which is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.78%, Berkshire Hills Bancorp's dividend yield is 6% lower. The current dividend yield is below the historical average of 3.3% of the last 5 years.
Dividend history
Berkshire Hills Bancorp has been paying dividends since 2000. BHLB has issued four dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price up by 42% from a year ago, the dividend yield marks a decrease of 30%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.18 | 2.67% |
| Jun 20, 2024 | $0.18 | 3.37% |
| Mar 20, 2024 | $0.18 | 3.25% |
| Nov 15, 2023 | $0.18 | 3.34% |
| Aug 16, 2023 | $0.18 | 3.32% |
| May 17, 2023 | $0.18 | 3.18% |
| Feb 15, 2023 | $0.18 | 1.96% |
| Nov 16, 2022 | $0.18 | 1.79% |
| Aug 10, 2022 | $0.12 | 1.63% |
| May 11, 2022 | $0.12 | 2.42% |
| Feb 9, 2022 | $0.12 | 1.98% |
| Nov 9, 2021 | $0.12 | 2.13% |
| Aug 25, 2021 | $0.12 | 2.34% |
| Jun 28, 2021 | $0.12 | 1.77% |
| Mar 22, 2021 | $0.12 | 2.7% |
| Dec 16, 2020 | $0.12 | 3.96% |
| Sep 21, 2020 | $0.12 | 8.7% |
| Jun 26, 2020 | $0.24 | 9.31% |
| Feb 13, 2020 | $0.24 | 3.24% |
| Nov 13, 2019 | $0.23 | 2.87% |
| Aug 7, 2019 | $0.23 | 3.08% |
| May 8, 2019 | $0.23 | 3.01% |
| Feb 13, 2019 | $0.23 | 3.08% |
| Nov 7, 2018 | $0.22 | 2.57% |
| Aug 8, 2018 | $0.22 | 2.1% |
| May 9, 2018 | $0.22 | 2.24% |
| Feb 14, 2018 | $0.22 | 2.25% |
| Nov 8, 2017 | $0.21 | 2.3% |
| Aug 8, 2017 | $0.21 | 2.32% |
| May 9, 2017 | $0.21 | 2.2% |
| Feb 14, 2017 | $0.21 | 2.28% |
| Nov 8, 2016 | $0.2 | 2.7% |
| Aug 2, 2016 | $0.2 | 3.03% |
| May 10, 2016 | $0.2 | 2.97% |
| Feb 9, 2016 | $0.2 | 2.94% |
| Nov 9, 2015 | $0.19 | 2.57% |
| Aug 4, 2015 | $0.19 | 2.54% |
| May 12, 2015 | $0.19 | 2.65% |
| Feb 10, 2015 | $0.19 | 2.84% |
Berkshire Hills Bancorp dividend payout ratio
Payout ratio
BHLB has a payout ratio of 138.5% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 43.2%, Berkshire Hills Bancorp's payout ratio is 221% higher.
Total amount of dividends paid per financial year (from cash flow)
BHLB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BRKL Brookline Bancorp Inc | 4.71% | $0.54 | 62.8% |
| BHLB Berkshire Hills Bancorp Inc | 2.59% | $0.72 | 138.5% |
| CBNK Capital Bancorp Inc | 1.32% | $0.34 | 14.1% |
Frequently asked questions
Does Berkshire Hills Bancorp pay a dividend?
Yes, Berkshire Hills Bancorp has been paying dividends for the last 24 years.
When was BHLB's last dividend?
Berkshire Hills Bancorp's last regular dividend was on Sep 30, 2024 (ex-date) with the amount of $0.18 per share.
How much dividend does Berkshire Hills Bancorp pay (per share)?
BHLB's annualized dividend per share is $0.72.
What is Berkshire Hills Bancorp's dividend yield?
Currently Berkshire Hills Bancorp's dividend yield is 2.62%.
How often does Berkshire Hills Bancorp pay dividends?
Berkshire Hills Bancorp pays four dividends per year.
What is Berkshire Hills Bancorp's dividend payout ratio?
Berkshire Hills Bancorp's dividend payout ratio is 138.5%.
Does Berkshire Hills Bancorp pay a good dividend?
Berkshire Hills Bancorp's dividend yield is below the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.