NorthEast Community Bancorp (NorthEast Community Bancorp) Dividend Payout Ratio : 0.07 (As of Dec. 2023)

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What is NorthEast Community Bancorp Dividend Payout Ratio?

NorthEast Community Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.07.

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

NECB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.2 Max: 1.07
Current: 0.1

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.

NECB's Dividend Payout Ratio is ranked better than
93.12% of 1090 companies
in the Banks industry
Industry Median: 0.34 vs NECB: 0.10

As of today (2024-04-25), the Dividend Yield % of NorthEast Community Bancorp is 1.75%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

NorthEast Community Bancorp Dividend Payout Ratio Historical Data

The historical data trend for NorthEast Community 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.

NorthEast Community Bancorp Dividend Payout Ratio Chart

NorthEast Community Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.11

0.12

0.32

0.23

0.09

NorthEast Community Bancorp Quarterly Data
	Dec16	Dec17	Dec18	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															0.11	0.08	0.16	0.08	0.07

Competitive Comparison of NorthEast Community Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, NorthEast Community 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.

NorthEast Community Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

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

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

NorthEast Community Bancorp Dividend Payout Ratio Calculation

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

NorthEast Community 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 )
	=	0.3	/	3.328
	=	0.09

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

NorthEast Community Bancorp (NAS:NECB) 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.

NorthEast Community Bancorp Dividend Payout Ratio Related Terms

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

NorthEast Community Bancorp (NorthEast Community Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NorthEast Community Bancorp Inc (NAS:NECB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 Hamilton Avenue, White Plains, NY, USA, 10601

Website

https://www.necb.com

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