Heritage Commerce (Heritage Commerce) Dividend Payout Ratio

: 0.59 (As of Dec. 2023)

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Heritage Commerce's dividend payout ratio for the months ended in Dec. 2023 was 0.59.

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

HTBK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.55 Max: 0.9
Current: 0.49

During the past 13 years, the highest Dividend Payout Ratio of Heritage Commerce was 0.90. The lowest was 0.41. And the median was 0.55.

HTBK's Dividend Payout Ratio is ranked worse than
71.57% of 1094 companies
in the Banks industry
Industry Median: 0.33 vs HTBK: 0.49

As of today (2024-04-18), the Dividend Yield % of Heritage Commerce is 6.57%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Heritage Commerce was 7.92%. The lowest was 0.36%. And the median was 3.40%.

Heritage Commerce's Dividends per Share for the months ended in Dec. 2023 was $0.13.

During the past 5 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Heritage Commerce was 81.70% per year. The lowest was -53.60% per year. And the median was 9.60% per year.

The growth rate is calculated with least square regression.

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

Heritage Commerce Dividend Payout Ratio Historical Data

The historical data trend for Heritage Commerce'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 Commerce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.57

0.90

0.62

0.48

0.50

Heritage Commerce 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																0.38	0.42	0.48	0.50	0.59

Competitive Comparison

For the Banks - Regional subindustry, Heritage Commerce'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 Commerce Dividend Payout Ratio Distribution

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

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

Heritage Commerce Dividend Payout Ratio Calculation

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

Heritage Commerce'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 )
	=	0.52	/	1.05
	=	0.50

Heritage Commerce'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 )
	=	0.13	/	0.22
	=	0.59

Heritage Commerce (NAS:HTBK) 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 Commerce Dividend Payout Ratio Related Terms

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

Heritage Commerce (Heritage Commerce) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

XHC:Germany

Address

224 Airport Parkway, San Jose, CA, USA, 95110

Website

https://www.heritagecommercecorp.com

Heritage Commerce Corp operates as a bank holding company. The company, through its subsidiary, offers commercial banking services to small and medium-sized businesses and their owners, managers, and employees. It operates through two segments, namely Banking and Factoring. The bank generates its revenue from the Banking segment.

Executives

Susan Svensson Just	officer: EVP/Chief Credit Officer	224 AIRPORT PARKWAY, SAN JOSE CA 95110
Jack W Conner	director	HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Jason Philip Dinapoli	director	1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES CA 90067
Robert Moles	director	HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Kamran F Husain	director	3005 TASMAN DRIVE, SANTA CLARA CA 95054
Stephen G. Heitel	director	150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Lawrence D Mcgovern	officer: Chief Financial Officer	C/O HERITAGE COMMERCE CORP, 150 ALMADEN BLVD, SAN JOSE CA 95113
Walter Theodore Kaczmarek	director, officer: CEO and President	HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Peng Coonley Janice Yuli	officer: EVP/Chief People and Diversity	224 AIRPORT BLVD, SAN JOSE CA 92692
Deborah Reuter	officer: EVP/CRO/Corporate Secretary	224 AIRPORT PARKWAY, SAN JOSE CA 95110
Michael Eugene Benito	officer: EVP/Business Banking Division	150 ALMADNE BLVD., SAN JOSE CA 95113
Keith Wilton	officer: EVP/COO	150 ALMADEN BLVD., SAN JOSE CA 95113
Steven L. Hallgrimson	director	150 ALMADEN BLVD., SAN JOSE CA 95113
Jones Robertson Clay Jr	officer: EVP	150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Bruce H Cabral	director	150 ALMADEN BOULEVARD, SAN JOSE CA 95113