GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Financial Corp (NAS:HFWA) » Definitions » 3-Year Dividend Growth Rate

Heritage Financial (Heritage Financial) 3-Year Dividend Growth Rate : 3.20% (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Heritage Financial 3-Year Dividend Growth Rate?

Heritage Financial's Dividends per Share for the three months ended in Dec. 2023 was $0.22.

The historical rank and industry rank for Heritage Financial's 3-Year Dividend Growth Rate or its related term are showing as below:

HFWA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -49.8   Med: 14.5   Max: 73.5
Current: 3.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Heritage Financial was 73.50% per year. The lowest was -49.80% per year. And the median was 14.50% per year.

HFWA's 3-Year Dividend Growth Rate is ranked worse than
71.5% of 779 companies
in the Banks industry
Industry Median: 7.5 vs HFWA: 3.20

During the past 12 months, Heritage Financial's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Heritage Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.22. As of today, Heritage Financial's Dividend Yield % is 4.88%.

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


Competitive Comparison of Heritage Financial's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Heritage Financial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Financial's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heritage Financial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Heritage Financial's 3-Year Dividend Growth Rate falls into.



Heritage Financial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Heritage Financial  (NAS:HFWA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Heritage Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.22/ 0.18
=1.22

During the past 13 years, the highest Dividend Payout Ratio of Heritage Financial was 0.63. The lowest was 0.31. And the median was 0.39.

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

Heritage Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2302024-02-072024-02-082024-02-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-10-312023-11-012023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-08-012023-08-022023-08-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-05-032023-05-042023-05-18Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Heritage Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.89/18.21
=4.89 %

Current Share Price is $18.21.
Heritage Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.89.

During the past 13 years, the highest Dividend Yield of Heritage Financial was 5.57%. The lowest was 1.51%. And the median was 2.41%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Heritage Financial 3-Year Dividend Growth Rate Related Terms>


Heritage Financial (Heritage Financial) Business Description

Traded in Other Exchanges
N/A
Address
201 Fifth Avenue SW, Olympia, WA, USA, 98501
Heritage Financial Corp is a bank holding company. The company through its subsidiary provides commercial lending and deposit relationships with small businesses and their owners in its market areas and attracts deposits from the general public. It accepts various deposit products, such as noninterest demand accounts, money market accounts, savings accounts, and certificates of deposit. Besides, the Bank also makes real estate construction loans, land development loans, and consumer loans, and originates first mortgage loans on residential properties primarily located in its market area. Geographically, all the business activity functions through the region of the United States.
Executives
Frederick B Rivera director 201 5TH AVE SW, OLYMPIA WA 98501
Brian Charneski director P O BOX 1578, OLYMPIA WA 98507
Jeffrey S Lyon director 2542 N VISTA VIEW DRIVE, TACOMA WA 98406
Matthew T. Ray officer: EVP Chief Lending Officer 201 5TH AVE SW, OLYMPIA WA 98501
Eric Kayen Chan director 201 5TH AVE SW, OLYMPIA WA 98501
Amy E. Curran officer: EVP Director Commercial Lend 201 5TH AVE SW, OLYMPIA WA 98501
Kelli Ann Wilson officer: EVP Chief Banking Officer 201 5TH AVE SW, OLYMPIA WA 98501
Cindy M Huntley officer: SVP Director of Retail Banking 201 5TH AVE SW, OLYMPIA WA 98507
Brian L Vance director, officer: President and CEO 2204 57TH WAY NW, OLYMPIA WA 98502
John A Clees director 4342 SUNSET BEACH DRIVE NW, OLYMPIA WA 98502
Tony Chalfant officer: EVP Chief Credit Officer 201 5TH ST SW, OLYMPIA WA 98501
Gail B. Giacobbe director 201 5TH AVE SW, OLYMPIA WA 98501
Trevor D. Dryer director 201 5TH AVE SW, OLYMPIA WA 98501
Gragg E Miller director 450 SW BAYSHORE DRIVE, OAK HARBOR WA 98277
Jeffrey J Deuel officer: Executive Vice President 201 5TH AVENUE SW, OLYMPIA WA 90501