GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berkshire Hills Bancorp Inc (NYSE:BHLB) » Definitions » Dividend Payout Ratio

Berkshire Hills Bancorp (Berkshire Hills Bancorp) Dividend Payout Ratio : 0.38 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Berkshire Hills Bancorp Dividend Payout Ratio?

Berkshire Hills Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.38.

The historical rank and industry rank for Berkshire Hills Bancorp's Dividend Payout Ratio or its related term are showing as below:

BHLB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.36   Max: 1.2
Current: 0.69


During the past 13 years, the highest Dividend Payout Ratio of Berkshire Hills Bancorp was 1.20. The lowest was 0.25. And the median was 0.36.

BHLB's Dividend Payout Ratio is ranked worse than
87.38% of 1086 companies
in the Banks industry
Industry Median: 0.34 vs BHLB: 0.69

As of today (2024-04-30), the Dividend Yield % of Berkshire Hills Bancorp is 3.32%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Berkshire Hills Bancorp was 10.31%. The lowest was 1.52%. And the median was 2.74%.

Berkshire Hills Bancorp's Dividends per Share for the months ended in Dec. 2023 was $0.18.

During the past 12 months, Berkshire Hills Bancorp's average Dividends Per Share Growth Rate was 33.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Berkshire Hills Bancorp was 68.70% per year. The lowest was -18.30% per year. And the median was 3.65% per year.

The growth rate is calculated with least square regression.

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


Berkshire Hills Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Berkshire Hills Bancorp's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Berkshire Hills Bancorp Dividend Payout Ratio Chart

Berkshire Hills Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 1.20 0.28 0.25 0.34

Berkshire Hills Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.33 0.36 0.38 -

Competitive Comparison of Berkshire Hills Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Berkshire Hills Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Berkshire Hills Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Berkshire Hills Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Berkshire Hills Bancorp's Dividend Payout Ratio falls into.



Berkshire Hills Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Berkshire Hills Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.72/ 2.14
=0.34

Berkshire Hills 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 )
=0.18/ 0.47
=0.38

* 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.


Berkshire Hills Bancorp (NYSE:BHLB) Dividend Payout Ratio Explanation

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.


Berkshire Hills Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Berkshire Hills Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Berkshire Hills Bancorp (Berkshire Hills Bancorp) Business Description

Traded in Other Exchanges
Address
60 State Street, Boston, MA, USA, 02109
Berkshire Hills Bancorp Inc is a holding company. It offers deposit, lending, investment, wealth management, and insurance services.
Executives
Mary Anne Callahan director 24 NORTH STREET, PITTSFIELD MA 01201
Nitin J. Mhatre director, officer: President and CEO 24 NORTH STREET, PITTSFIELD MA 01201
Karyn Polito director 24 NORTH STREET, PITTSFIELD MA 01201
Jacqueline Courtwright officer: EVP,Chief HR & Culture Officer 24 NORTH STREET, PITTSFIELD MA 01201
Kevin Conn officer: SVP, Investors & Corp. Devel 24 NORTH STREET, PITTSFIELD MA 01201
Eric S Rosengren director 24 NORTH STREET, PITTSFIELD MA 01201
Brett Brbovic officer: Sr Managing Dir and CAO 24 NORTH STREET, PITTSFIELD MA 01201
R David Rosato officer: SEVP - Chief Financial Officer 24 NORTH STREET, PITTSFIELD MA 01201
Ashlee Picard Flores officer: EVP -Chief Compliance Officer 24 NORTH STREET, PITTSFIELD MA 01201
James Cannon Brown officer: SEVP-Head of Comm'l Banking 24 NORTH STREET, PITTSFIELD MA 01201
Philip Jurgeleit officer: EVP - Chief Credit Officer 24 NORTH STREET, PITTSFIELD MA 01201
Wm Gordon Prescott officer: SEVP and General Counsel 24 NORTH STREET, PITTSFIELD MA 01201
Michael Zaitzeff director C/O HOLDCO ASSET MANAGEMENT, LP, 441 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK NY 10017
Hughes William H Iii director 24 NORTH STREET, PITTSFIELD MA 01201
Mihir A. Desai director 24 NORTH STREET, PITTSFIELD MA 01201