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NorthEast Community Bancorp (NorthEast Community Bancorp) 3-Year Dividend Growth Rate : 49.40% (As of Dec. 2023)


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What is NorthEast Community Bancorp 3-Year Dividend Growth Rate?

NorthEast Community Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.06.

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

NECB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.1   Med: 8.9   Max: 58.7
Current: 49.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NorthEast Community Bancorp was 58.70% per year. The lowest was -9.10% per year. And the median was 8.90% per year.

NECB's 3-Year Dividend Growth Rate is ranked better than
95.37% of 777 companies
in the Banks industry
Industry Median: 7.5 vs NECB: 49.40

During the past 12 months, NorthEast Community Bancorp's average Dividends Per Share Growth Rate was -16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 49.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.50% 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.

NorthEast Community Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.07. As of today, NorthEast Community Bancorp's Dividend Yield % is 1.77%.

Warning Sign:

NorthEast Community Bancorp Inc stock dividend yield is close to 2-year low.

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


Competitive Comparison of NorthEast Community Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, NorthEast Community Bancorp'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.


NorthEast Community Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

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

* The bar in red indicates where NorthEast Community Bancorp's 3-Year Dividend Growth Rate falls into.



NorthEast Community Bancorp 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.


NorthEast Community Bancorp  (NAS:NECB) 3-Year Dividend Growth Rate Explanation

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

NorthEast Community Bancorp'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 )
=0.06/ 0.828
=0.07

During the past 13 years, the highest Dividend Payout Ratio of NorthEast Community Bancorp was 1.07. The lowest was 0.09. And the median was 0.20.

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

NorthEast Community Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1002024-04-042024-04-052024-05-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602024-01-022024-01-032024-02-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-10-052023-10-062023-11-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-07-032023-07-052023-08-04Cash 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.

NorthEast Community Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.28/15.88
=1.76 %

Current Share Price is $15.88.
NorthEast Community Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.28.

During the past 13 years, the highest Dividend Yield of NorthEast Community Bancorp was 3.59%. The lowest was 0.31%. And the median was 1.45%.

Warning Sign:

NorthEast Community Bancorp Inc stock dividend yield is close to 2-year low.

* 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.


NorthEast Community Bancorp 3-Year Dividend Growth Rate Related Terms>


NorthEast Community Bancorp (NorthEast Community Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
325 Hamilton Avenue, White Plains, NY, USA, 10601
NorthEast Community Bancorp Inc operates as a community-oriented financial institution. It is principally engaged in the business of attracting deposits and investing those funds into mortgage and commercial loans. They conduct their activities throughout the Northeastern United States including New York, Massachusetts, New Jersey, and Connecticut. The company offers a comprehensive line of banking products and services, including mobile banking as well as commercial real estate loans, commercial construction financing, lines of credit, and term loans. It also offers investment advisory and financial planning services.
Executives
Charles A Martinek director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Charles Michael Cirillo director C/O NORTHEAST COMMUNITY BANCORP, INC., 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kenneth H Thomas director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Linda M Swan director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kenneth A Martinek director, officer: Chairman and CEO 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
John F Mckenzie director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kevin Patrick Omalley director C/O NORTHEAST COMMUNITY BANCORP, INC., 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Diane B Cavanaugh director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Donald S Hom officer: EVP and CFO 325 HAMILTON AVE, WHITE PLAINS NY 10601
Jose M Collazo director, officer: President and COO 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Eugene M Magier director 325 HAMILTON AVENUE, WHITE PLAINS NY 10601