As the day concludes, Old Second Bancorp OSBC is preparing to distribute a dividend payout of $0.05 per share, resulting in an annualized dividend yield of 1.47%. This payout is exclusive to investors who held the stock before the ex-dividend date on October 26, 2023.
Old Second Bancorp Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-26 | 4 | $0.05 | 1.47% | 2023-10-17 | 2023-10-27 | 2023-11-06 |
| 2023-07-27 | 4 | $0.05 | 1.43% | 2023-07-18 | 2023-07-28 | 2023-08-07 |
| 2023-04-27 | 4 | $0.05 | 1.49% | 2023-04-18 | 2023-04-28 | 2023-05-08 |
| 2023-01-26 | 4 | $0.05 | 1.21% | 2023-01-17 | 2023-01-27 | 2023-02-06 |
| 2022-10-27 | 4 | $0.05 | 1.39% | 2022-10-18 | 2022-10-28 | 2022-11-07 |
| 2022-07-28 | 4 | $0.05 | 1.4% | 2022-07-19 | 2022-07-29 | 2022-08-08 |
| 2022-04-28 | 4 | $0.05 | 1.41% | 2022-04-19 | 2022-04-29 | 2022-05-09 |
| 2022-01-27 | 4 | $0.05 | 1.41% | 2022-01-18 | 2022-01-28 | 2022-02-07 |
| 2021-10-28 | 4 | $0.05 | 1.52% | 2021-10-19 | 2021-10-29 | 2021-11-08 |
| 2021-07-29 | 4 | $0.05 | 1.62% | 2021-07-21 | 2021-07-30 | 2021-08-09 |
| 2021-04-29 | 4 | $0.05 | 1.55% | 2021-04-20 | 2021-04-30 | 2021-05-10 |
| 2021-01-28 | 4 | $0.01 | 0.37% | 2021-01-19 | 2021-01-29 | 2021-02-08 |
Compared to its industry peers, Old Second Bancorp's dividend yield is relatively lower, with Eagle Bancorp EGBN having a higher annualized dividend yield of 7.76%.
Analyzing Old Second Bancorp 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.
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 $0.04 in 2019 to $0.20 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 Old Second Bancorp
From 2019 to 2022, Old Second Bancorp experienced a growth in earnings per share, with an increase from $1.28 to $1.47. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article provides an in-depth analysis of Old Second Bancorp's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.05 per share, resulting in an annualized dividend yield of 1.47%.
Compared to its industry peers, Old Second Bancorp's dividend yield is relatively lower, with Eagle Bancorp having a higher annualized dividend yield of 7.76%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Old Second Bancorp appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
[Track real-time stock fluctuations for Old Second Bancorp on Benzinga.](https://www.benzinga.com/quote/Old Second Bancorp (NASDAQ: OSBC))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
