Heritage Bankshares (Heritage Bankshares) Forward Dividend Yield % : 2.29% (As of May. 04, 2024)

View and export this data going back to . Start your Free Trial

What is Heritage Bankshares Forward Dividend Yield %?

As of today (2024-05-04), the Forward Annual Dividend Yield of Heritage Bankshares is 2.29%.

As of today (2024-05-04), the Trailing Annual Dividend Yield of Heritage Bankshares is 2.48%.

HBKS's Forward Dividend Yield % is not ranked
in the Banks industry.
Industry Median: 4.09 vs HBKS: 2.29

Heritage Bankshares's Dividends per Share for the three months ended in Sep. 2015 was $0.12.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Heritage Bankshares's Forward Dividend Yield %

For the Banks - Regional subindustry, Heritage Bankshares's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Heritage Bankshares's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heritage Bankshares's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Heritage Bankshares's Forward Dividend Yield % falls into.

Heritage Bankshares Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Heritage Bankshares (OTCPK:HBKS) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Heritage Bankshares Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Heritage Bankshares's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Heritage Bankshares (Heritage Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Bankshares Inc (OTCPK:HBKS) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.heritagenorfolk.com

Heritage Bankshares Inc is a bank holding company incorporated under the laws of the Commonwealth of Virginia in 1983. It serves as the holding company for its wholly-owned subsidiary, Heritage Bank. The Company, through the Bank, engages in a general community and commercial banking business, targeting the banking needs of individuals and small to medium sized businesses in its main service area which includes Chesapeake, Norfolk, and Virginia Beach, Virginia. The main business of the company is to attract deposits and to lend or invest those deposits on profitable terms. These deposits are in varied forms of both demand and time accounts including checking accounts, interest checking, money market accounts, savings accounts, certificates of deposit, and IRA accounts. The Company is involved in the construction and real estate lending market and actively extends both consumer and commercial credit. Loans consist of varying terms and might be secured or unsecured. Loans to individuals are for personal, household, and family purposes. Loans to businesses are made for purposes such as working capital, plant expansion, and equipment purchases. The banking business in the MSA, and the Company's main market area, is highly competitive, and the Company faces competition both in making loans and in attracting deposits. Bank holding companies and banks are regulated under both federal and state law.

Executives

Meredith Peter M Jr

director

MEREDITH CONSTRUCTION CO., INC., PO BOX 11265, NORFOLK VA 23517-0265

Heritage Bankshares (Heritage Bankshares) Headlines

From GuruFocus

(hbks) CEO Michael S Ives buys 4,300 Shares

By GuruFocus Research GuruFocus Editor • 11-16-2010