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Preferred Bank (Preferred Bank) 3-Year Dividend Growth Rate : 15.30% (As of Sep. 2023)


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What is Preferred Bank 3-Year Dividend Growth Rate?

Preferred Bank's Dividends per Share for the three months ended in Sep. 2023 was $0.55.

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

PFBC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -46.9   Med: 17.4   Max: 58.7
Current: 15.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Preferred Bank was 58.70% per year. The lowest was -46.90% per year. And the median was 17.40% per year.

PFBC's 3-Year Dividend Growth Rate is ranked better than
72.59% of 777 companies
in the Banks industry
Industry Median: 7.5 vs PFBC: 15.30

During the past 12 months, Preferred Bank's average Dividends Per Share Growth Rate was 27.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.90% 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.

Preferred Bank's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.20. As of today, Preferred Bank's Dividend Yield % is 3.27%.

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


Competitive Comparison of Preferred Bank's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Preferred Bank'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.


Preferred Bank's 3-Year Dividend Growth Rate Distribution in the Banks Industry

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

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



Preferred Bank 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.


Preferred Bank  (NAS:PFBC) 3-Year Dividend Growth Rate Explanation

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

Preferred Bank's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.55/ 2.71
=0.20

During the past 13 years, the highest Dividend Payout Ratio of Preferred Bank was 0.27. The lowest was 0.12. And the median was 0.24.

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

Preferred Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7002024-04-042024-04-052024-04-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.7002024-01-052024-01-082024-01-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.5502023-10-052023-10-062023-10-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.5502023-07-062023-07-072023-07-21Cash 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.

Preferred Bank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.5/76.45
=3.27 %

Current Share Price is $76.45.
Preferred Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.5.

During the past 13 years, the highest Dividend Yield of Preferred Bank was 4.35%. The lowest was 0.38%. And the median was 2.01%.

* 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.


Preferred Bank 3-Year Dividend Growth Rate Related Terms>


Preferred Bank (Preferred Bank) Business Description

Industry
Traded in Other Exchanges
Address
601 South Figueroa Street, 48th Floor, Los Angeles, CA, USA, 90017
Preferred Bank is a commercial bank located in California. Its products and services are divided into Personal Banking, Business Banking, and Commercial Banking which includes Checking accounts, Savings accounts, CDs, Loans and Credit, Electronic banking and Treasury Management. It provides personalized deposit services, real estate finance, commercial loans, and trade finance credit facilities to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high-net-worth individuals. The bank generates a majority of its revenue from Southern and Northern California and Flushing.

Preferred Bank (Preferred Bank) Headlines

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