Berkshire Hills Bancorp's last dividend was on Nov 14, 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 2.52% based on its recent close price.
BHLB has a dividend yield of 2.52% which is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.77%, Berkshire Hills Bancorp's dividend yield is 9% lower. The current dividend yield is below the historical average of 3.3% of the last 5 years.
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 15% from a year ago, the dividend yield marks a decrease of 13%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Nov 14, 2024 | $0.18 | 2.35% |
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% |
BHLB has a payout ratio of 75% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 44.2%, Berkshire Hills Bancorp's payout ratio is 70% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
BRKL Brookline Bancorp Inc | 4.52% | $0.54 | 65.1% |
BHLB Berkshire Hills Bancorp Inc | 2.52% | $0.72 | 75% |
CBNK Capital Bancorp Inc | 1.23% | $0.36 | 15.5% |
Yes, Berkshire Hills Bancorp has been paying dividends for the last 24 years.
Berkshire Hills Bancorp's last regular dividend was on Nov 14, 2024 (ex-date) with the amount of $0.18 per share.
BHLB's annualized dividend per share is $0.72.
Currently Berkshire Hills Bancorp's dividend yield is 2.52%.
Berkshire Hills Bancorp pays four dividends per year.
Berkshire Hills Bancorp's dividend payout ratio is 75%.
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.