Cortland Bancorp (Cortland Bancorp) Dividend Payout Ratio : 0.31 (As of Jun. 2021)

View and export this data going back to 2019. Start your Free Trial

What is Cortland Bancorp Dividend Payout Ratio?

Cortland Bancorp's dividend payout ratio for the months ended in Jun. 2021 was 0.31.

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

CLDB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.26 Max: 0.32
Current: 0.25

During the past 13 years, the highest Dividend Payout Ratio of Cortland Bancorp was 0.32. The lowest was 0.21. And the median was 0.26.

CLDB's Dividend Payout Ratio is not ranked
in the Banks industry.
Industry Median: 0.34 vs CLDB: 0.25

As of today (2024-04-26), the Dividend Yield % of Cortland Bancorp is 1.99%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Cortland Bancorp was 3.88%. The lowest was 0.27%. And the median was 1.61%.

Cortland Bancorp's Dividends per Share for the months ended in Jun. 2021 was $0.15.

During the past 12 months, Cortland Bancorp's average Dividends Per Share Growth Rate was 24.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cortland Bancorp was 47.80% per year. The lowest was 0.00% per year. And the median was 2.70% per year.

The growth rate is calculated with least square regression.

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

Cortland Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Cortland 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.

Cortland Bancorp Dividend Payout Ratio Chart

Cortland Bancorp Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dividend Payout Ratio

Get a 7-Day Free Trial

0.25

0.32

0.22

0.27

0.28

Cortland Bancorp Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Dividend Payout Ratio	Get a 7-Day Free Trial															0.30	0.28	0.21	0.21	0.31

Competitive Comparison of Cortland Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Cortland 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.

Cortland Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

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

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

Cortland Bancorp Dividend Payout Ratio Calculation

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

Cortland Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2020 )	/	EPS without NRI (A: Dec. 2020 )
	=	0.56	/	1.97
	=	0.28

Cortland Bancorp's Dividend Payout Ratio for the quarter that ended in Jun. 2021 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2021 )	/	EPS without NRI (Q: Jun. 2021 )
	=	0.15	/	0.48
	=	0.31

Cortland Bancorp (NAS:CLDB) 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.

Cortland Bancorp Dividend Payout Ratio Related Terms

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

Cortland Bancorp (Cortland Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cortland Bancorp (NAS:CLDB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

194 West Main Street, Cortland, OH, USA, 44410

Website

https://www.cortlandbank.com

Cortland Bancorp is a bank holding company. It is involved in owning, managing and supervising the Cortland bank. The bank is a full-service state-chartered bank that offers commercial and retail banking services. Its products and services include checking accounts, savings accounts, time deposit accounts, commercial and mortgage and installment loans, commercial and consumer lending, internet, and mobile banking options. The company operates in only one segment that is commercial banking.

Executives

David C Cole	director	194 WEST MAIN STREET CORTLAND OH 44410
Hoffman James E Iii	director	194 WEST MAIN STREET CORTLAND OH 44410
Richard B Thompson	director	194 WEST MAIN STREET, CORTLAND OH 44410
Timothy K Woofter	director	194 WEST MAIN STREET CORTLAND OH 44410
Neil J Kaback	director
Joseph E Koch	director	194 WEST MAIN ST. CORTLAND OH 44410
Anthony R Vross	director	194 WEST MAIN STREET CORTLAND OH 44410
Joseph P Langhenry	director	194 WEST MAIN ST. CORTLAND OH 44410
Michael P. Lipke	officer: Vice President	194 WEST MAIN STREET CORTLAND OH 44410
David J Lucido	officer: SVP & CFO	194 WEST MAIN STREET CORTLAND OH 44410
James M Gasior	director, officer: President & CEO	194 WEST MAIN STREET, CORTLAND OH 44410
Thomas P Perciak	director
Stanley P Feret	officer: SVP & CLO	194 WEST MAIN ST. CORTLAND OH 44410
Hicham S Chahine	director	194 WEST MAIN STREET CORTLAND OH 44410
Joseph G. Johnson	officer: SVP & Section 16 Officer	194 WEST MAIN STREET CORTLAND OH 44410