By the end of today, November 15, 2023, Heritage Financial HFWA is set to deliver a dividend payout of $0.22 per share, equating to an annualized dividend yield of 5.40%. Shareholders who owned the stock prior to the ex-dividend date on October 31, 2023 will receive this payout.
Heritage Financial Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-31 | 4 | $0.22 | 5.4% | 2023-10-19 | 2023-11-01 | 2023-11-15 |
| 2023-08-01 | 4 | $0.22 | 4.79% | 2023-07-19 | 2023-08-02 | 2023-08-16 |
| 2023-05-03 | 4 | $0.22 | 4.61% | 2023-04-19 | 2023-05-04 | 2023-05-18 |
| 2023-02-07 | 4 | $0.22 | 3.1% | 2023-01-25 | 2023-02-08 | 2023-02-22 |
| 2022-11-01 | 4 | $0.21 | 2.76% | 2022-10-19 | 2022-11-02 | 2022-11-16 |
| 2022-08-02 | 4 | $0.21 | 3.17% | 2022-07-20 | 2022-08-03 | 2022-08-17 |
| 2022-05-03 | 4 | $0.21 | 3.35% | 2022-04-20 | 2022-05-04 | 2022-05-18 |
| 2022-02-08 | 4 | $0.21 | 3.27% | 2022-01-26 | 2022-02-09 | 2022-02-23 |
| 2021-11-02 | 4 | $0.21 | 3.42% | 2021-10-20 | 2021-11-03 | 2021-11-17 |
| 2021-08-03 | 4 | $0.2 | 3.55% | 2021-07-21 | 2021-08-04 | 2021-08-18 |
| 2021-05-04 | 4 | $0.21 | 3.07% | 2021-04-22 | 2021-05-05 | 2021-05-19 |
| 2021-02-09 | 4 | $0.2 | 3.21% | 2021-01-27 | 2021-02-10 | 2021-02-24 |
Heritage Financial's dividend yield falls in the middle range when compared to its industry peers, with Eagle Bancorp EGBN having the highest annualized dividend yield at 7.63%.
Analyzing Heritage Financial 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
During the period of 2020 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.80 to $0.84, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Heritage Financial
Investors can observe a growth in earnings for Heritage Financial from 2020 to 2022, as earnings per share increased from $1.83 to $2.22. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
In this article, we delve into Heritage Financial's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.22 per share today, resulting in an annualized dividend yield of 5.40%.
Heritage Financial's dividend yield falls in the middle range when compared to its industry peers, with Eagle Bancorp having the highest annualized dividend yield at 7.63%.
With an increase in dividend per share and earnings per share from 2020 to 2022, Heritage Financial demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Heritage Financial'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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
|---|
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