Evans Bancorp's last cash dividend of $0.64 per share was issued to shareholders on record before Sep 12, 2022. The dividend payment stands at $1.26 per share annually, which equates to a dividend yield of 3.41%. The latest EVBN dividend of $0.64 is an increase from the previous $0.62 payout, representing a growth of 3.2%.
Evans Bancorp's dividend yield of 3.41% is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.95%, Evans Bancorp's dividend yield is 16% higher. Historically EVBN's dividend yield has averaged at 3.1% in the last 5 years, which is less than the current one.
Evans Bancorp has been paying dividends for the last 20 years. According to our records EVBN has distributed two dividends in the past year. The annualized dividend per share has increased by 5% for the last twelve months. And with the stock price down by 3.4% from a year ago, the dividend yield has increased by 9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 29.6% is below the Financial Services sector, the industry and its peers average. But compared to its Financial Services sector average of 30.2%, Evans Bancorp's payout ratio is only 2% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AROW Arrow Financial Corp | 3.61% | $1.04 | 36% |
| EVBN Evans Bancorp Inc | 3.41% | $1.26 | 29.6% |
| TMP Tompkins Financial Corp | 3.14% | $2.28 | 38.9% |
| NBTB Nbt Bancorp Inc | 3% | $1.14 | 32.5% |
| CBU Community Bank System Inc | 2.88% | $1.73 | 53.1% |
| MTB M&T Bank Corp | 2.72% | $4.8 | 44.5% |
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 2023.
Evans Bancorp's last dividend ex-date was on Sep 12, 2022. The dividend amount was $0.64 per share.
On an annual basis EVBN pays $1.26 per share.
Currently Evans Bancorp's dividend yield is 3.41%.
Evans Bancorp typically pays two dividends per year.
Evans Bancorp's dividend payout ratio is 29.6%.
Evans Bancorp's dividend yield is more than the Financial Services sector average.