Central Pacific Financial's latest quarterly dividend of $0.26 per share was on Aug 30, 2022 (ex-date). The annualized dividend distribution of $1.03 per share represents a current dividend yield of 5.06%.
CPF has a dividend yield of 5.06% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.93%, Central Pacific Financial's dividend yield is 73% higher. The current dividend yield is higher than the historical average of 3.6% of the last 5 years.
Central Pacific Financial has a dividend history dating as far as 1994, but lately the company has recorded nine consecutive years of dividend payments. Our records of CPF show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 10% for the last twelve months. And with the price of the stock down by 22% from a year ago, the dividend yield has an increase of 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 30, 2022 | Sep 15, 2022 | Jul 26, 2022 | $0.26 | normal |
| May 27, 2022 | Jun 15, 2022 | Apr 19, 2022 | $0.26 | normal |
| Feb 25, 2022 | Mar 15, 2022 | Jan 25, 2022 | $0.26 | normal |
| Nov 29, 2021 | Dec 15, 2021 | Oct 26, 2021 | $0.25 | normal |
| Aug 30, 2021 | Sep 15, 2021 | Jul 27, 2021 | $0.24 | normal |
| May 27, 2021 | Jun 15, 2021 | Apr 27, 2021 | $0.24 | normal |
| Feb 25, 2021 | Mar 15, 2021 | Jan 26, 2021 | $0.23 | normal |
| Nov 27, 2020 | Dec 15, 2020 | Oct 27, 2020 | $0.23 | normal |
| Aug 28, 2020 | Sep 15, 2020 | Jul 28, 2020 | $0.23 | normal |
| May 28, 2020 | Jun 15, 2020 | Apr 21, 2020 | $0.23 | normal |
| Feb 27, 2020 | Mar 16, 2020 | Jan 29, 2020 | $0.23 | normal |
| Nov 27, 2019 | Dec 16, 2019 | Oct 22, 2019 | $0.23 | normal |
| Aug 29, 2019 | Sep 16, 2019 | Jul 23, 2019 | $0.23 | normal |
| May 30, 2019 | Jun 17, 2019 | Apr 24, 2019 | $0.23 | normal |
| Feb 27, 2019 | Mar 15, 2019 | Jan 30, 2019 | $0.21 | normal |
| Nov 29, 2018 | Dec 17, 2018 | Oct 24, 2018 | $0.21 | normal |
| Aug 30, 2018 | Sep 17, 2018 | Jul 25, 2018 | $0.21 | normal |
| May 30, 2018 | Jun 15, 2018 | Apr 24, 2018 | $0.21 | normal |
| Feb 27, 2018 | Mar 15, 2018 | Jan 24, 2018 | $0.19 | normal |
| Nov 29, 2017 | Dec 15, 2017 | Oct 25, 2017 | $0.18 | normal |
| Aug 29, 2017 | Sep 15, 2017 | Jul 26, 2017 | $0.18 | normal |
| May 26, 2017 | Jun 15, 2017 | Apr 26, 2017 | $0.18 | normal |
| Feb 24, 2017 | Mar 15, 2017 | Jan 25, 2017 | $0.16 | normal |
| Nov 28, 2016 | Dec 15, 2016 | Oct 26, 2016 | $0.16 | normal |
| Aug 29, 2016 | Sep 15, 2016 | Jul 27, 2016 | $0.16 | normal |
| May 26, 2016 | Jun 15, 2016 | Apr 28, 2016 | $0.14 | normal |
CPF has a payout ratio of 35.8% which is higher than the Financial Services sector and the industry average but lower than its peers average. In comparison with the Financial Services sector average of 30.1%, Central Pacific Financial's payout ratio is 19% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CPF Central Pacific Financial Corp | 4.92% | $1.03 | 35.8% |
| BSRR Sierra Bancorp | 4.55% | $0.91 | 37.3% |
| PPBI Pacific Premier Bancorp Inc | 4.2% | $1.32 | 40% |
| BOH Bank Of Hawaii Corp | 3.67% | $2.8 | 48.3% |
| BANR Banner Corp | 2.9% | $1.73 | 30.9% |
| CVBF Cvb Financial Corp | 2.85% | $0.73 | 50% |
| CVCY Central Valley Community Bancorp | 2.71% | $0.48 | 22% |
| EWBC East West Bancorp Inc | 2.26% | $1.53 | 23.1% |
Yes, Central Pacific Financial has paid four dividends in the last twelve months. CPF has been paying dividends since 2013.
At this point we don't have a record of CPF's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.
Central Pacific Financial's last dividend ex-date was on Aug 30, 2022. The dividend amount was $0.26 per share.
CPF has paid dividend of $1.03 per share in the last year.
Currently Central Pacific Financial's dividend yield is 5.06%.
Central Pacific Financial pays four dividends per year.
Central Pacific Financial's dividend payout ratio is 35.8%.
Central Pacific Financial's dividend yield is higher than the Financial Services sector average.