Evans Bancorp's last cash dividend of $0.66 per share was issued to shareholders on record before Sep 18, 2023. The dividend payment stands at $1.32 per share annually, which equates to a dividend yield of 4.9%.
Evans Bancorp's dividend yield of 4.9% is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.8%, Evans Bancorp's dividend yield is 29% higher. Historically EVBN's dividend yield has averaged at 3.6% in the last 5 years, which is less than the current one.
Evans Bancorp has been paying dividends for the last 21 years. According to our records EVBN has distributed two dividends in the past year. The annualized dividend per share has increased by 4.8% for the last twelve months. And with the stock price down by 26% from a year ago, the dividend yield has increased by 43%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 18, 2023 | Oct 18, 2023 | Aug 23, 2023 | $0.66 | normal |
| Mar 9, 2023 | Apr 4, 2023 | Feb 22, 2023 | $0.66 | normal |
| Sep 12, 2022 | Oct 4, 2022 | Aug 16, 2022 | $0.64 | normal |
| Mar 10, 2022 | Apr 5, 2022 | Feb 16, 2022 | $0.62 | normal |
| Sep 13, 2021 | Oct 5, 2021 | Aug 17, 2021 | $0.6 | normal |
| Mar 15, 2021 | Apr 6, 2021 | Feb 16, 2021 | $0.6 | normal |
| Sep 14, 2020 | Oct 6, 2020 | Aug 18, 2020 | $0.58 | normal |
| Mar 11, 2020 | Apr 2, 2020 | Feb 12, 2020 | $0.58 | normal |
| Sep 10, 2019 | Oct 2, 2019 | Aug 22, 2019 | $0.52 | normal |
| Mar 12, 2019 | Apr 3, 2019 | Feb 20, 2019 | $0.52 | normal |
| Sep 11, 2018 | Oct 4, 2018 | Aug 9, 2018 | $0.46 | normal |
| Mar 12, 2018 | Apr 3, 2018 | Feb 20, 2018 | $0.46 | normal |
| Sep 11, 2017 | Oct 3, 2017 | Aug 15, 2017 | $0.4 | normal |
| Mar 10, 2017 | Apr 4, 2017 | Feb 22, 2017 | $0.4 | normal |
| Sep 9, 2016 | Oct 4, 2016 | Aug 17, 2016 | $0.38 | normal |
Evans Bancorp's payout ratio of 31.9% is below the Financial Services sector and its peers average. But compared to its Financial Services sector average of 33.5%, Evans Bancorp's payout ratio is only 4.8% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AROW Arrow Financial Corp | 6.2% | $1.05 | 46% |
| EVBN Evans Bancorp Inc | 4.87% | $1.32 | 31.9% |
| TMP Tompkins Financial Corp | 4.8% | $2.4 | 50% |
| MTB M&T Bank Corp | 4.24% | $5.1 | 29.9% |
| CBU Community Bank System Inc | 4.22% | $1.77 | 61.5% |
| NBTB Nbt Bancorp Inc | 3.79% | $1.22 | 37.8% |
Yes, Evans Bancorp has paid two dividends in the last twelve months. EVBN has been paying dividends since 2002.
At this point we don't have a record of EVBN's next dividend date, but based on the current dividend schedule we project that it will likely be in March 2024.
Evans Bancorp's last dividend ex-date was on Sep 18, 2023. The dividend amount was $0.66 per share.
On an annual basis EVBN pays $1.32 per share.
Currently Evans Bancorp's dividend yield is 4.9%.
Evans Bancorp typically pays two dividends per year.
Evans Bancorp's dividend payout ratio is 31.9%.
Evans Bancorp's dividend yield is more than the Financial Services sector average.