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Brookline Bancorp (Brookline Bancorp) 3-Year Dividend Growth Rate : 5.50% (As of Dec. 2023)


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What is Brookline Bancorp 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Brookline Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

BRKL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -9.3   Med: 6.2   Max: 65.9
Current: 5.5

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.

BRKL's 3-Year Dividend Growth Rate is ranked worse than
58.15% of 779 companies
in the Banks industry
Industry Median: 7.5 vs BRKL: 5.50

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Brookline Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.52. As of today, Brookline Bancorp's Dividend Yield % is 6.57%.

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


Competitive Comparison of Brookline Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Brookline Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Brookline Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Brookline Bancorp's 3-Year Dividend Growth Rate falls into.



Brookline Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Brookline Bancorp  (NAS:BRKL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Brookline 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 )
=0.135/ 0.26
=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.

2. 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 0.1352024-02-082024-02-092024-02-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.1352023-11-092023-11-102023-11-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.1352023-08-102023-08-112023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.1352023-05-112023-05-122023-05-26Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.54/8.2199
=6.57 %

Current Share Price is $8.2199.
Brookline Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.54.

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%.

* 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 3-Year Dividend Growth Rate Related Terms>


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