Heritage Financial (Heritage Financial) Dividend Payout Ratio : 1.22 (As of Dec. 2023)

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What is Heritage Financial Dividend Payout Ratio?

Heritage Financial's dividend payout ratio for the months ended in Dec. 2023 was 1.22.

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

HFWA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.39 Max: 0.63
Current: 0.5

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.

HFWA's Dividend Payout Ratio is ranked worse than
72.18% of 1089 companies
in the Banks industry
Industry Median: 0.34 vs HFWA: 0.50

As of today (2024-04-29), the Dividend Yield % of Heritage Financial is 4.98%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

Heritage Financial Dividend Payout Ratio Historical Data

The historical data trend for Heritage Financial'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.

Heritage Financial Dividend Payout Ratio Chart

Heritage Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.41

0.63

0.31

0.37

0.50

Heritage Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.33	0.38	0.46	0.43	1.22

Competitive Comparison of Heritage Financial's Dividend Payout Ratio

For the Banks - Regional subindustry, Heritage Financial'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.

Heritage Financial's Dividend Payout Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Heritage Financial's Dividend Payout Ratio falls into.

Heritage Financial Dividend Payout Ratio Calculation

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

Heritage Financial'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 )
	=	0.88	/	1.75
	=	0.50

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

Heritage Financial (NAS:HFWA) 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.

Heritage Financial Dividend Payout Ratio Related Terms

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

Heritage Financial (Heritage Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Financial Corp (NAS:HFWA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Fifth Avenue SW, Olympia, WA, USA, 98501

Website

https://www.hf-wa.com

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