Provident Financial Services's last dividend of $0.24 per share was on Aug 16, 2024 (ex-date). The annualized dividend payment of $0.96 per share represents a current dividend yield of 5%.
Provident Financial Services's dividend yield of 5% is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.78%, Provident Financial Services's dividend yield is 80% higher. The current dividend yield is in line with the historical average of 5.1% of the last 5 years.
Provident Financial Services has a history of paying dividends since 2003. Our records of PFS show that the company 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 36% from a year ago, the dividend yield marks a decrease of 27%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 16, 2024 | $0.24 | 5.32% |
Apr 26, 2024 | $0.24 | 6.36% |
Feb 8, 2024 | $0.24 | 6.35% |
Nov 9, 2023 | $0.24 | 6.68% |
Aug 10, 2023 | $0.24 | 5.38% |
May 11, 2023 | $0.24 | 6.41% |
Feb 9, 2023 | $0.24 | 4.05% |
Nov 9, 2022 | $0.24 | 4.37% |
Aug 11, 2022 | $0.24 | 3.91% |
May 12, 2022 | $0.24 | 4.36% |
Feb 10, 2022 | $0.24 | 3.97% |
Nov 10, 2021 | $0.24 | 3.65% |
Aug 12, 2021 | $0.23 | 4.11% |
May 13, 2021 | $0.23 | 3.64% |
Feb 11, 2021 | $0.23 | 4.74% |
Nov 12, 2020 | $0.23 | 6.36% |
Aug 13, 2020 | $0.23 | 6.59% |
May 14, 2020 | $0.23 | 8.13% |
Feb 13, 2020 | $0.23 | 3.97% |
Nov 14, 2019 | $0.23 | 3.7% |
Aug 14, 2019 | $0.23 | 3.9% |
May 14, 2019 | $0.23 | 3.46% |
Feb 14, 2019 | $0.23 | 3.16% |
Nov 14, 2018 | $0.21 | 3.94% |
Aug 14, 2018 | $0.21 | 3.79% |
May 14, 2018 | $0.2 | 3.56% |
Feb 14, 2018 | $0.2 | 3.66% |
Dec 7, 2017 | $0.15 | 3.38% |
Nov 14, 2017 | $0.2 | 2.97% |
Aug 11, 2017 | $0.2 | 3.11% |
May 11, 2017 | $0.19 | 2.97% |
Feb 13, 2017 | $0.19 | 2.78% |
Nov 10, 2016 | $0.18 | 2.89% |
Aug 11, 2016 | $0.18 | 3.43% |
May 11, 2016 | $0.18 | 3.5% |
Feb 10, 2016 | $0.17 | 3.63% |
Nov 10, 2015 | $0.17 | 3.14% |
Aug 12, 2015 | $0.16 | 3.26% |
May 13, 2015 | $0.16 | 3.4% |
Feb 11, 2015 | $0.16 | 3.35% |
Provident Financial Services's payout ratio of 89.7% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 43.2%, Provident Financial Services's payout ratio is 108% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
KRNY Kearny Financial Corp | 6.16% | $0.44 | N/A |
PFS Provident Financial Services Inc | 5% | $0.96 | 89.7% |
OCFC Oceanfirst Financial Corp | 4.3% | $0.8 | 48.2% |
Yes, Provident Financial Services has been paying dividends for the last 21 years.
Provident Financial Services's last regular dividend was on Aug 16, 2024 (ex-date) with the amount of $0.24 per share.
PFS has paid dividend of $0.96 per share in the last year.
Provident Financial Services's current dividend yield is 5%.
Provident Financial Services pays four dividends per year.
Provident Financial Services's dividend payout ratio is 89.7%.
Provident Financial Services's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.