GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Brookline Bancorp Inc (NAS:BRKL) » Definitions » Dividend Yield %

Brookline Bancorp (Brookline Bancorp) Dividend Yield % : 6.52% (As of Apr. 30, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Brookline Bancorp Dividend Yield %?

As of today (2024-04-30), the Trailing Annual Dividend Yield of Brookline Bancorp is 6.52%.

Good Sign:

Brookline Bancorp Inc stock dividend yield is close to 10-year high.

The historical rank and industry rank for Brookline Bancorp's Dividend Yield % or its related term are showing as below:

BRKL' s Dividend Yield % Range Over the Past 10 Years
Min: 1.87   Med: 3.25   Max: 6.97
Current: 6.52

During the past 13 years, the highest Dividend Yield of Brookline Bancorp was 6.97%. The lowest was 1.87%. And the median was 3.25%.

BRKL's Dividend Yield % is ranked better than
80.05% of 1208 companies
in the Banks industry
Industry Median: 3.995 vs BRKL: 6.52

Brookline Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.52.

During the past 13 years, the highest Dividend Payout Ratio of Brookline Bancorp was 0.77. The lowest was 0.32. And the median was 0.49.

As of today (2024-04-30), the Forward Dividend Yield % of Brookline Bancorp is 6.52%.

Brookline Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.14.

During the past 12 months, Brookline Bancorp's average Dividends Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Brookline Bancorp was 65.90% per year. The lowest was -9.30% per year. And the median was 6.20% per year.

The growth rate is calculated with least square regression.

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


Brookline Bancorp Dividend Yield % Historical Data

The historical data trend for Brookline Bancorp's Dividend Yield % 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.

Brookline Bancorp Dividend Yield % Chart

Brookline Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 3.82 2.96 3.75 4.95

Brookline Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % 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 5.05 6.13 5.93 4.95 5.43

Competitive Comparison of Brookline Bancorp's Dividend Yield %

For the Banks - Regional subindustry, Brookline Bancorp's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Brookline Bancorp's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Brookline Bancorp's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Brookline Bancorp's Dividend Yield % falls into.



Brookline Bancorp Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Brookline Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1350002024-02-082024-02-092024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.1350002023-11-092023-11-102023-11-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.1350002023-08-102023-08-112023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.1350002023-05-112023-05-122023-05-26Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Brookline Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.54/8.30
=6.51 %

Current Share Price is $8.30.
Brookline Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.54.

Brookline Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.54/8.30
=6.51 %

Current Share Price is $8.30.
Brookline Bancorp's Dividends per Share for the forward twelve months is calculated as $0.135 * 4 = $0.54.

* 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.


Brookline Bancorp  (NAS:BRKL) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Brookline Bancorp Dividend Yield % Related Terms

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


Brookline Bancorp (Brookline Bancorp) Business Description

Traded in Other Exchanges
Address
131 Clarendon Street, Boston, MA, USA, 02116
Brookline Bancorp Inc operates as a multi-bank holding company. It offers commercial, business and retail banking services, including a full complement of cash management products, online banking services, consumer and residential loans.
Executives
John A Hackett director 131 CLARENDON STREET, BOSTON MA 02116
Hill Willard I Jr director 2651 STRANG BOULEVARD, SUITE 100, YORKTOWN HEIGHTS NY 10598
Michael P Goldrick officer: CEO PCSB Bank 2651 STRANG BOULEVARD, SUITE 100, YORKTOWN HEIGHTS NY 10598
Carl M Carlson officer: Chief Financial Officer 131 CLARENDON STREET, BOSTON MA 02116
Bogdan Nowak director 131 CLARENDON STREET, BOSTON MA 02116
David C Chapin director 131 CLARENDON STREET, BOSTON MA 02116
Margaret Boles Fitzgerald director 131 CLARENDON STREET, BOSTON MA 02116
Doyle John J Jr director 131 CLARENDON STREET, BOSTON MA 02116
William C Tsonos officer: CEO Bank Rhode Island 131 CLARENDON STREET, BOSTON MA 02116
Charles H Peck director 131 CLARENDON STREET, BOSTON MA 02116
Michael W. Mccurdy officer: CRO and General Counsel 131 CLARENDON STREET, BOSTON MA 02116
Marissa S. Martin officer: General Counsel 131 CLARENDON STREET, BOSTON MA 02116
Darryl J. Fess officer: CEO, Brookline Bank 131 CLARENDON STREET, BOSTON MA 02116
James M Cosman officer: Director of Operations 131 CLARENDON STREET, BOSTON MA 02116
Janytra M Brooks officer: Chief Human Resources Officer 131 CLARENDON STREET, BOSTON MA 02116

Brookline Bancorp (Brookline Bancorp) Headlines