WAL Western Alliance Bancorporation dividend history, payout ratio & dates
- Stocks
- Financial Services
- NYSE: WAL
- Dividend
Western Alliance Bancorporation's latest cash dividend of $0.38 per share was issued to shareholders on record before Feb 14, 2025. The dividend distribution stands at $1.5 per share annually, which comes to a dividend yield of 2.01%.
Key dates
- WAL last dividend date: Feb 14, 2025
WAL dividend stats
vs. Financial Services sector
Dividend yield
Western Alliance Bancorporation's dividend yield of 2.01% is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.11%, Western Alliance Bancorporation's dividend yield is 35% lower. The current dividend yield is in line with the historical average of 2.1% of the last 5 years.
Dividend history
Western Alliance Bancorporation has been paying dividends for the last six years. Our records show that WAL has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 2.7% since twelve months ago. However with the price of the stock up by 17% from a year ago, the dividend yield has a decrease of 12%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 14, 2025 | $0.38 | 1.69% |
| Nov 15, 2024 | $0.38 | 1.65% |
| Aug 16, 2024 | $0.37 | 1.88% |
| May 15, 2024 | $0.37 | 2.27% |
| Feb 15, 2024 | $0.37 | 2.34% |
| Nov 16, 2023 | $0.37 | 3.02% |
| Aug 10, 2023 | $0.36 | 2.79% |
| May 11, 2023 | $0.36 | 5.35% |
| Feb 16, 2023 | $0.36 | 1.93% |
| Nov 17, 2022 | $0.36 | 2.03% |
| Aug 11, 2022 | $0.36 | 1.68% |
| May 12, 2022 | $0.35 | 1.89% |
| Feb 17, 2022 | $0.35 | 1.39% |
| Nov 18, 2021 | $0.35 | 1.04% |
| Aug 12, 2021 | $0.35 | 1.09% |
| May 13, 2021 | $0.25 | 0.97% |
| Feb 18, 2021 | $0.25 | 1.21% |
| Nov 12, 2020 | $0.25 | 1.97% |
| Aug 13, 2020 | $0.25 | 2.62% |
| May 14, 2020 | $0.25 | 3.42% |
| Feb 13, 2020 | $0.25 | 1.29% |
| Nov 14, 2019 | $0.25 | 0.97% |
| Aug 15, 2019 | $0.25 | 0.6% |
Western Alliance Bancorporation dividend payout ratio
Payout ratio
Western Alliance Bancorporation's payout ratio of 20.5% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 44.5%, Western Alliance Bancorporation's payout ratio is 54% lower.
Total amount of dividends paid per financial year (from cash flow)
WAL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| FIBK First Interstate Bancsystem Inc | 6.97% | $1.88 | 89.1% |
| CVBF Cvb Financial Corp | 4.17% | $0.8 | 55.6% |
| ZION Zions Bancorporation National Association | 3.61% | $1.68 | 32.8% |
| GBCI Glacier Bancorp Inc | 3.13% | $1.32 | 71% |
| NBHC National Bank Holdings Corp | 3.08% | $1.14 | 39.3% |
| WFC Wells Fargo & Company | 2.12% | $1.6 | 28.4% |
| WAL Western Alliance Bancorporation | 2.01% | $1.5 | 20.5% |
Frequently asked questions
Does Western Alliance Bancorporation pay a dividend?
Yes, Western Alliance Bancorporation has paid four dividends in the last twelve months. WAL has been paying dividends since 2019.
When was WAL's last dividend?
Western Alliance Bancorporation's last dividend ex-date was on Feb 14, 2025. The dividend amount was $0.38 per share.
How much dividend does Western Alliance Bancorporation pay (per share)?
On an annual basis WAL pays $1.5 per share.
What is Western Alliance Bancorporation's dividend yield?
Western Alliance Bancorporation's current dividend yield is 2.01%.
How often does Western Alliance Bancorporation pay dividends?
Western Alliance Bancorporation pays four dividends per year.
What is Western Alliance Bancorporation's dividend payout ratio?
Western Alliance Bancorporation's dividend payout ratio is 20.5%.
Does Western Alliance Bancorporation pay a good dividend?
Western Alliance Bancorporation's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.