Back to BHLB overview

BHLB Berkshire Hills Bancorp dividend history, payout ratio & dates

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.

Key dates

  • BHLB last dividend date: Nov 16, 2022
  • BHLB next dividend date: Not announced
BHLB dividend stats
DPS
$0.54
Dividend yield
1.77%
Payout ratio
30.5%
vs. Financial Services sector
Dividend yield
2.68%
Payout ratio
30.6%

Dividend yield

What is Berkshire Hills Bancorp current dividend yield

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.

Dividend history

What is BHLB dividend payout history and dates

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%.

Recent dividends

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

Berkshire Hills Bancorp dividend payout ratio

What is Berkshire Hills Bancorp dividend payout ratio compared to the sector

Payout ratio

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.

Total amount of dividends paid per financial year (from cash flow)

BHLB dividend vs peer dividends

How does BHLB dividend compare to its peers' dividends
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%

Frequently asked questions

Does Berkshire Hills Bancorp pay a dividend?

Yes, Berkshire Hills Bancorp has been paying dividends for the last 22 years.

When is Berkshire Hills Bancorp's next dividend?

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.

When was BHLB's last dividend?

Berkshire Hills Bancorp's last regular dividend was on Nov 16, 2022 (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 $0.54.

What is Berkshire Hills Bancorp's dividend yield?

Currently Berkshire Hills Bancorp's dividend yield is 1.77%.

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 30.5%.

Does Berkshire Hills Bancorp pay a good dividend?

Berkshire Hills Bancorp's dividend yield is below the Financial Services sector average.