Berkshire Hills Bancorp's last quarterly dividend was on Nov 16, 2022 (ex-date) with a distribution of $0.18 per share. On an annualized basis, the company has a current payout of $0.54 per share. This brings the dividend yield to 1.77% based on its recent close price. The latest dividend marks an increase of $0.06, or 50% from the previous dividend.
BHLB has a dividend yield of 1.77% which is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.68%, Berkshire Hills Bancorp's dividend yield is 34% lower. The current dividend yield is below the historical average of 3.1% of the last 5 years.
Berkshire Hills Bancorp has been paying dividends since 2000. BHLB has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 13% since one year ago. And with the stock price up by 10% from a year ago, the dividend yield marks an increase of 2.7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 16, 2022 | Dec 1, 2022 | Nov 4, 2022 | $0.18 | normal |
| Aug 10, 2022 | Aug 25, 2022 | Jul 29, 2022 | $0.12 | normal |
| May 11, 2022 | May 26, 2022 | Apr 29, 2022 | $0.12 | normal |
| Feb 9, 2022 | Feb 24, 2022 | Jan 28, 2022 | $0.12 | normal |
| Nov 9, 2021 | Nov 24, 2021 | Nov 1, 2021 | $0.12 | normal |
| Aug 25, 2021 | Sep 9, 2021 | Aug 13, 2021 | $0.12 | normal |
| Jun 28, 2021 | Jul 8, 2021 | Jun 18, 2021 | $0.12 | normal |
| Mar 22, 2021 | Mar 30, 2021 | Mar 15, 2021 | $0.12 | normal |
| Dec 16, 2020 | Dec 29, 2020 | Nov 30, 2020 | $0.12 | normal |
| Sep 21, 2020 | Sep 30, 2020 | Sep 8, 2020 | $0.12 | normal |
| Jun 26, 2020 | Jul 6, 2020 | Jun 18, 2020 | $0.24 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Jan 27, 2020 | $0.24 | normal |
| Nov 13, 2019 | Nov 27, 2019 | Oct 28, 2019 | $0.23 | normal |
| Aug 7, 2019 | Aug 22, 2019 | Jul 23, 2019 | $0.23 | normal |
| May 8, 2019 | May 23, 2019 | Apr 29, 2019 | $0.23 | normal |
| Feb 13, 2019 | Feb 28, 2019 | Jan 23, 2019 | $0.23 | normal |
| Nov 7, 2018 | Nov 21, 2018 | Oct 17, 2018 | $0.22 | normal |
| Aug 8, 2018 | Aug 23, 2018 | Jul 18, 2018 | $0.22 | normal |
| May 9, 2018 | May 24, 2018 | Apr 23, 2018 | $0.22 | normal |
| Feb 14, 2018 | Mar 1, 2018 | Jan 25, 2018 | $0.22 | normal |
| Nov 8, 2017 | Nov 22, 2017 | Oct 19, 2017 | $0.21 | normal |
| Aug 8, 2017 | Aug 24, 2017 | Jul 19, 2017 | $0.21 | normal |
| May 9, 2017 | May 25, 2017 | Apr 24, 2017 | $0.21 | normal |
| Feb 14, 2017 | Mar 2, 2017 | Jan 30, 2017 | $0.21 | normal |
| Nov 8, 2016 | Nov 23, 2016 | Oct 24, 2016 | $0.2 | normal |
| Aug 2, 2016 | Aug 18, 2016 | Jul 25, 2016 | $0.2 | normal |
| May 10, 2016 | May 26, 2016 | Apr 25, 2016 | $0.2 | normal |
BHLB has a payout ratio of 30.5% which is lower than the Financial Services sector and the industry average. But if we consider the Financial Services sector average of 30.6%, Berkshire Hills Bancorp's payout ratio is only 0.3% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BRKL Brookline Bancorp Inc | 3.75% | $0.53 | 37.6% |
| BHLB Berkshire Hills Bancorp Inc | 1.77% | $0.54 | 30.5% |
Yes, Berkshire Hills Bancorp has been paying dividends for the last 22 years.
BHLB 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 February 2023.
Berkshire Hills Bancorp's last regular dividend was on Nov 16, 2022 (ex-date) with the amount of $0.18 per share.
BHLB's annualized dividend per share is $0.54.
Currently Berkshire Hills Bancorp's dividend yield is 1.77%.
Berkshire Hills Bancorp pays four dividends per year.
Berkshire Hills Bancorp's dividend payout ratio is 30.5%.
Berkshire Hills Bancorp's dividend yield is below the Financial Services sector average.