Bar Harbor Bankshares's latest quarterly cash dividend of $0.3 per share was issued to shareholders on record before May 15, 2024. At an annualized rate of $1.14 per share, the stock yields 3.48%. The latest BHB dividend of $0.3 is an increase from the previous $0.28 payout, representing a growth of 7%.
Bar Harbor Bankshares's dividend yield of 3.48% is above the Financial Services sector and the industry average but below its peers average. Compared to its Financial Services sector average of 2.83%, Bar Harbor Bankshares's dividend yield is 23% higher. The current dividend yield is below the historical average of 3.8% of the last 5 years.
Bar Harbor Bankshares has been paying dividends for the last 25 years. Our records show that BHB has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 8% since twelve months ago. However with the price of the stock up by 22% from a year ago, the dividend yield has a decrease of 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 15, 2024 | Jun 14, 2024 | Apr 18, 2024 | $0.3 | normal |
| Feb 14, 2024 | Mar 15, 2024 | Jan 16, 2024 | $0.28 | normal |
| Nov 15, 2023 | Dec 15, 2023 | Oct 17, 2023 | $0.28 | normal |
| Aug 15, 2023 | Sep 15, 2023 | Jul 20, 2023 | $0.28 | normal |
| May 15, 2023 | Jun 16, 2023 | Apr 20, 2023 | $0.28 | normal |
| Feb 15, 2023 | Mar 16, 2023 | Jan 19, 2023 | $0.26 | normal |
| Nov 15, 2022 | Dec 16, 2022 | Oct 19, 2022 | $0.26 | normal |
| Aug 15, 2022 | Sep 16, 2022 | Jul 21, 2022 | $0.26 | normal |
| May 16, 2022 | Jun 17, 2022 | Apr 21, 2022 | $0.26 | normal |
| Feb 16, 2022 | Mar 17, 2022 | Jan 20, 2022 | $0.24 | normal |
| Nov 16, 2021 | Dec 17, 2021 | Oct 21, 2021 | $0.24 | normal |
| Aug 16, 2021 | Sep 17, 2021 | Jul 21, 2021 | $0.24 | normal |
| May 17, 2021 | Jun 18, 2021 | Apr 22, 2021 | $0.24 | normal |
| Feb 17, 2021 | Mar 18, 2021 | Jan 21, 2021 | $0.22 | normal |
| Nov 17, 2020 | Dec 18, 2020 | Oct 21, 2020 | $0.22 | normal |
| Aug 17, 2020 | Sep 18, 2020 | Jul 21, 2020 | $0.22 | normal |
| May 15, 2020 | Jun 18, 2020 | Apr 21, 2020 | $0.22 | normal |
| Feb 14, 2020 | Mar 18, 2020 | Jan 21, 2020 | $0.22 | normal |
| Nov 12, 2019 | Dec 13, 2019 | Oct 17, 2019 | $0.22 | normal |
| Aug 12, 2019 | Sep 13, 2019 | Jul 18, 2019 | $0.22 | normal |
| May 13, 2019 | Jun 14, 2019 | Apr 16, 2019 | $0.22 | normal |
| Feb 14, 2019 | Mar 15, 2019 | Jan 22, 2019 | $0.2 | normal |
| Nov 13, 2018 | Dec 14, 2018 | Oct 16, 2018 | $0.2 | normal |
| Aug 13, 2018 | Sep 14, 2018 | Jul 17, 2018 | $0.2 | normal |
| May 11, 2018 | Jun 14, 2018 | Apr 24, 2018 | $0.2 | normal |
| Feb 14, 2018 | Mar 15, 2018 | Jan 17, 2018 | $0.187 | normal |
| Nov 14, 2017 | Dec 15, 2017 | Oct 18, 2017 | $0.187 | normal |
| Aug 11, 2017 | Sep 15, 2017 | Jul 18, 2017 | $0.187 | normal |
| May 11, 2017 | Jun 15, 2017 | Apr 18, 2017 | $0.187 | normal |
| Feb 13, 2017 | Mar 15, 2017 | Jan 10, 2017 | $0.187 | normal |
| Nov 9, 2016 | Dec 15, 2016 | Oct 25, 2016 | $0.187 | normal |
| Aug 11, 2016 | Sep 15, 2016 | Jul 19, 2016 | $0.183 | normal |
| May 12, 2016 | Jun 15, 2016 | Apr 19, 2016 | $0.18 | normal |
Bar Harbor Bankshares's payout ratio of 41.5% is above the Financial Services sector and the industry average but below its peers average. But in comparison with its Financial Services sector average of 41.2%, Bar Harbor Bankshares's payout ratio is only 0.7% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 6.86% | $2.24 | 82.7% |
| UNB Union Bankshares Inc | 5.51% | $1.44 | 60.8% |
| FNLC First Bancorp Inc | 4.79% | $1.41 | 56.4% |
| CAC Camden National Corp | 4.14% | $1.68 | 55.6% |
| INDB Independent Bank Corp | 3.49% | $2.24 | 43.2% |
| BHB Bar Harbor Bankshares | 3.48% | $1.14 | 41.5% |
Yes, Bar Harbor Bankshares has paid four dividends in the last twelve months. BHB has been paying dividends since 1999.
BHB's next dividend date is Aug 15, 2024 (ex-date).
Bar Harbor Bankshares's last regular dividend was on May 15, 2024 (ex-date) with the amount of $0.3 per share.
On an annual basis BHB pays $1.14 per share.
Bar Harbor Bankshares's current dividend yield is 3.48%.
Bar Harbor Bankshares pays four dividends per year.
Bar Harbor Bankshares's dividend payout ratio is 41.5%.
Bar Harbor Bankshares's dividend yield is above the Financial Services sector average.