Bankwell Finl Gr Delivers Strong Performance and Growing Profits, Elevating Investor Returns

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At the end of today, August 24, 2023, Bankwell Finl Gr BWFG will distribute a dividend payout of $0.20 per share, translating to an annualized dividend yield of 3.05%. Shareholders who held the stock before the ex-dividend date on August 11, 2023 will benefit from this payout.

Bankwell Finl Gr Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-08-11 4 $0.2 3.05% 2023-07-26 2023-08-14 2023-08-24
2023-05-11 4 $0.2 3.48% 2023-04-26 2023-05-12 2023-05-23
2023-02-10 4 $0.2 2.68% 2023-01-25 2023-02-13 2023-02-23
2022-11-09 4 $0.2 2.74% 2022-10-26 2022-11-11 2022-11-21
2022-08-12 4 $0.2 2.51% 2022-07-27 2022-08-15 2022-08-25
2022-05-12 4 $0.2 2.42% 2022-04-27 2022-05-13 2022-05-23
2022-02-11 4 $0.2 2.44% 2022-01-26 2022-02-14 2022-02-24
2021-11-10 4 $0.18 2.41% 2021-10-27 2021-11-12 2021-11-22
2021-08-13 4 $0.18 2.58% 2021-07-28 2021-08-16 2021-08-26
2021-05-13 4 $0.14 2.03% 2021-04-28 2021-05-14 2021-05-24
2021-02-11 4 $0.14 2.8% 2021-01-27 2021-02-15 2021-02-25
2020-11-12 4 $0.14 3.53% 2020-10-28 2020-11-13 2020-11-23

With a dividend yield that places it neither at the top nor the bottom, Bankwell Finl Gr finds itself in the middle among its industry peers, while BCB Bancorp BCBP boasts the highest annualized dividend yield at 5.60%.

Analyzing Bankwell Finl Gr Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

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YoY Growth in Dividend Per Share

As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.52 in 2019 to $0.80 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.

YoY Earnings Growth For Bankwell Finl Gr

From 2019 to 2022, Bankwell Finl Gr experienced a growth in earnings per share, with an increase from $2.47 to $4.76. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.

Recap

This article takes an in-depth look at Bankwell Finl Gr's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.20 per share today, translating to an annualized dividend yield of 3.05%.

With a dividend yield that places it neither at the top nor the bottom, Bankwell Finl Gr finds itself in the middle among its industry peers, while BCB Bancorp boasts the highest annualized dividend yield at 5.60%.

With an increase in dividend per share and earnings per share from 2019 to 2022, Bankwell Finl Gr demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.

Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.

[Click here](https://www.benzinga.com/stock//dividends) to find details on Bankwell Finl Gr's previous dividends.

To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: DividendsBZI-DP
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