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PFS Provident Financial Services dividend history, payout ratio & dates

Provident Financial Services's last quarterly dividend of $0.24 per share was on Nov 9, 2022 (ex-date). The annualized dividend payment of $0.96 per share represents a current dividend yield of 4.36%.

Key dates

  • PFS last dividend date: Nov 9, 2022
  • PFS next dividend date: Not announced
PFS dividend stats
DPS
$0.96
Dividend yield
4.36%
Payout ratio
44%
vs. Financial Services sector
Dividend yield
2.68%
Payout ratio
30.6%

Dividend yield

What is Provident Financial Services current dividend yield

Provident Financial Services's dividend yield of 4.36% is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.68%, Provident Financial Services's dividend yield is 63% higher. The current dividend yield is in line with the historical average of 4.2% of the last 5 years.

Dividend history

What is PFS dividend payout history and dates

Provident Financial Services has a history of paying dividends since 2003. Our records of PFS show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 3.2% since one year ago. And with the stock price down by 9% from a year ago, the dividend yield marks an increase of 14%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 9, 2022 Nov 25, 2022 Oct 28, 2022 $0.24 normal
Aug 11, 2022 Aug 26, 2022 Jul 29, 2022 $0.24 normal
May 12, 2022 May 27, 2022 Apr 29, 2022 $0.24 normal
Feb 10, 2022 Feb 25, 2022 Jan 28, 2022 $0.24 normal
Nov 10, 2021 Nov 26, 2021 Oct 29, 2021 $0.24 normal
Aug 12, 2021 Aug 27, 2021 Jul 30, 2021 $0.23 normal
May 13, 2021 May 28, 2021 Apr 29, 2021 $0.23 normal
Feb 11, 2021 Feb 26, 2021 Jan 29, 2021 $0.23 normal
Nov 12, 2020 Nov 27, 2020 Oct 30, 2020 $0.23 normal
Aug 13, 2020 Aug 28, 2020 Jul 30, 2020 $0.23 normal
May 14, 2020 May 29, 2020 Apr 30, 2020 $0.23 normal
Feb 13, 2020 Feb 28, 2020 Jan 31, 2020 $0.23 normal
Nov 14, 2019 Nov 29, 2019 Oct 24, 2019 $0.23 normal
Aug 14, 2019 Aug 30, 2019 Jul 25, 2019 $0.23 normal
May 14, 2019 May 31, 2019 Apr 25, 2019 $0.23 normal
Feb 14, 2019 Feb 28, 2019 Feb 1, 2019 $0.2 special
Feb 14, 2019 Feb 28, 2019 Feb 1, 2019 $0.23 normal
Nov 14, 2018 Nov 30, 2018 Oct 25, 2018 $0.21 normal
Aug 14, 2018 Aug 31, 2018 Jul 27, 2018 $0.21 normal
May 14, 2018 May 31, 2018 Apr 27, 2018 $0.2 normal
Feb 14, 2018 Feb 28, 2018 Jan 26, 2018 $0.2 normal
Dec 7, 2017 Dec 22, 2017 Nov 16, 2017 $0.15 special
Nov 14, 2017 Nov 30, 2017 $0.2 normal
Aug 11, 2017 Aug 31, 2017 Jul 28, 2017 $0.2 normal
May 11, 2017 May 31, 2017 Apr 28, 2017 $0.19 normal
Feb 13, 2017 Feb 28, 2017 Jan 27, 2017 $0.19 normal
Nov 10, 2016 Nov 30, 2016 $0.18 normal
Aug 11, 2016 Aug 31, 2016 Jul 28, 2016 $0.18 normal

Provident Financial Services dividend payout ratio

What is Provident Financial Services dividend payout ratio compared to the sector

Payout ratio

Provident Financial Services's payout ratio of 44% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 30.6%, Provident Financial Services's payout ratio is 44% higher.

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

PFS dividend vs peer dividends

How does PFS dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
KRNY Kearny Financial Corp 4.71% $0.44 47.3%
PFS Provident Financial Services Inc 4.36% $0.96 44%
OCFC Oceanfirst Financial Corp 3.21% $0.74 38.7%

Frequently asked questions

Does Provident Financial Services pay a dividend?

Yes, Provident Financial Services has been paying dividends for the last 19 years.

When is Provident Financial Services's next dividend?

PFS 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 PFS's last dividend?

Provident Financial Services's last regular dividend was on Nov 9, 2022 (ex-date) with the amount of $0.24 per share.

How much dividend does Provident Financial Services pay (per share)?

PFS has paid dividend of $0.96 per share in the last year.

What is Provident Financial Services's dividend yield?

Provident Financial Services's current dividend yield is 4.36%.

How often does Provident Financial Services pay dividends?

Provident Financial Services pays four dividends per year.

What is Provident Financial Services's dividend payout ratio?

Provident Financial Services's dividend payout ratio is 44%.

Does Provident Financial Services pay a good dividend?

Provident Financial Services's dividend yield is more than the Financial Services sector average.