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CPF Central Pacific Financial dividend history, payout ratio & dates

Central Pacific Financial's latest quarterly dividend of $0.26 per share was on Feb 28, 2024 (ex-date). The annualized dividend distribution of $1.04 per share represents a current dividend yield of 5.03%.

Key dates

  • CPF last dividend date: Feb 28, 2024
  • CPF next dividend date: May 31, 2024
CPF dividend stats
DPS
$1.04
Dividend yield
5.03%
Payout ratio
50.5%
vs. Financial Services sector
Dividend yield
3.38%
Payout ratio
40.9%

Dividend yield

What is Central Pacific Financial current dividend yield

CPF has a dividend yield of 5.03% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.38%, Central Pacific Financial's dividend yield is 49% higher. The current dividend yield is higher than the historical average of 4.6% of the last 5 years.

Dividend history

What is CPF dividend payout history and dates

Central Pacific Financial has a dividend history dating as far as 1994, but lately the company has recorded 11 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 remained the same for the last twelve months. But with the price of the stock up by 33% from a year ago, the dividend yield has decreased by 25%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 28, 2024 Mar 15, 2024 Jan 31, 2024 $0.26 normal
Nov 29, 2023 Dec 15, 2023 Oct 24, 2023 $0.26 normal
Aug 30, 2023 Sep 15, 2023 Jul 25, 2023 $0.26 normal
May 30, 2023 Jun 15, 2023 Apr 25, 2023 $0.26 normal
Feb 27, 2023 Mar 15, 2023 Jan 25, 2023 $0.26 normal
Nov 29, 2022 Dec 15, 2022 Oct 20, 2022 $0.26 normal
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

Central Pacific Financial dividend payout ratio

What is Central Pacific Financial dividend payout ratio compared to the sector

Payout ratio

CPF has a payout ratio of 50.5% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 40.9%, Central Pacific Financial's payout ratio is 23% higher.

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

CPF dividend vs peer dividends

How does CPF dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PPBI Pacific Premier Bancorp Inc 5.96% $1.32 942.9%
CPF Central Pacific Financial Corp 5.03% $1.04 50.5%
BOH Bank Of Hawaii Corp 4.92% $2.8 72.2%
CVBF Cvb Financial Corp 4.91% $0.8 52.6%
BSRR Sierra Bancorp 4.28% $0.92 37.9%
BANR Banner Corp 4.19% $1.92 39.9%
CWBC Community West Bancshares. 2.81% $0.48 25.4%
EWBC East West Bancorp Inc 2.79% $2.06 25.8%

Frequently asked questions

Does Central Pacific Financial pay a dividend?

Yes, Central Pacific Financial has paid four dividends in the last twelve months. CPF has been paying dividends since 2013.

When is Central Pacific Financial's next dividend?

CPF's next dividend date is May 31, 2024 (ex-date).

When was CPF's last dividend?

Central Pacific Financial's last dividend ex-date was on Feb 28, 2024. The dividend amount was $0.26 per share.

How much dividend does Central Pacific Financial pay (per share)?

CPF has paid dividend of $1.04 per share in the last year.

What is Central Pacific Financial's dividend yield?

Currently Central Pacific Financial's dividend yield is 5.03%.

How often does Central Pacific Financial pay dividends?

Central Pacific Financial pays four dividends per year.

What is Central Pacific Financial's dividend payout ratio?

Central Pacific Financial's dividend payout ratio is 50.5%.

Does Central Pacific Financial pay a good dividend?

Central Pacific Financial's dividend yield is higher than the Financial Services sector average.