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NBT Bancorp (NBT Bancorp) 3-Year Dividend Growth Rate : 4.70% (As of Dec. 2023)


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What is NBT Bancorp 3-Year Dividend Growth Rate?

NBT Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.32.

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

NBTB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.4   Med: 3.7   Max: 23.8
Current: 4.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NBT Bancorp was 23.80% per year. The lowest was 0.40% per year. And the median was 3.70% per year.

NBTB's 3-Year Dividend Growth Rate is ranked worse than
63.03% of 779 companies
in the Banks industry
Industry Median: 7.5 vs NBTB: 4.70

During the past 12 months, NBT Bancorp's average Dividends Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.30% 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.

NBT Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.50. As of today, NBT Bancorp's Dividend Yield % is 3.54%.

Good Sign:

NBT Bancorp Inc stock dividend yield is close to 3-year high.

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


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

For the Banks - Regional subindustry, NBT 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.


NBT Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

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

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



NBT 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.


NBT Bancorp  (NAS:NBTB) 3-Year Dividend Growth Rate Explanation

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

NBT 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 )
=0.32/ 0.644
=0.50

During the past 13 years, the highest Dividend Payout Ratio of NBT Bancorp was 0.53. The lowest was 0.31. And the median was 0.45.

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

NBT Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3202024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3202023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3202023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-05-312023-06-012023-06-15Cash 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.

NBT Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.26/35.385
=3.56 %

Current Share Price is $35.385.
NBT Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.26.

During the past 13 years, the highest Dividend Yield of NBT Bancorp was 4.06%. The lowest was 2.12%. And the median was 3.03%.

Good Sign:

NBT Bancorp Inc stock dividend yield is close to 3-year high.

* 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.


NBT Bancorp 3-Year Dividend Growth Rate Related Terms>


NBT Bancorp (NBT Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
52 South Broad Street, Norwich, NY, USA, 13815
NBT Bancorp Inc is a financial holding company that operates through its subsidiaries. The company's principal sources of revenue include management fees and dividends it receives through its subsidiaries. NBT Bank is a full-service community bank offering a full range of retail and commercial banking products, as well as trust and investment services. Loans products include consumer loans, home equity loans, mortgages, business banking loans, and commercial loans. Nearly half of its loan portfolio is in commercial loans. The bank serves individuals, corporations, and municipalities, and operates scores of locations throughout the states of New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, and Maine.
Executives
Jason David Brown director 52 SOUTH BROAD STREET, NORWICH NY 13815
Cantele Richard J Jr officer: EVP/Strategic Integration
Amy Wiles officer: EVP, Chief Risk and Credit 52 SOUTH BROAD STREET, NORWICH NY 13815
Timothy E Delaney director 52 SOUTH BROAD STREET, NORWICH NY 13815
Scott Allen Kingsley officer: EVP & Chief Financial Officer 8365 GLEN EAGLE DRIVE, MANLIUS NY 13104
Heidi M Hoeller director 52 SOUTH BROAD STREET, NORWICH NY 13815
Shaunastar Hyle officer: EVP, Consumer Lending 52 SOUTH BROAD STREET, NORWICH NY 13815
Cynthia A Smaniotto officer: SVP, Chief HR Officer 52 SOUTH BROAD STREET, NORWICH NY 13815
Martin Randolph Sparks officer: EVP,General Counsel,Secretary 52 SOUTH BROAD STREET, NORWICH NY 13815
Martin A Dietrich director, other: Chairman, NBT Bancorp 52 SOUTH BROAD STREET, NORWICH NY 13815
Ruth H Mahoney officer: EVP/President of Wealth Mgmt 52 SOUTH BROAD STREET, NORWICH NY 13815
Matthew K Durkee officer: EVP / President of New England 52 SOUTH BROAD STREET, NORWICH NY 13815
Jack H Webb officer: EVP - Strategic Support C/O NBT BANCORP INC., 52 SOUTH BROAD STREET, NORWICH NY 13815
Johanna R Ames director 52 SOUTH BROAD STREET, NORWICH NY 13815
Robinson V Daniel Ii director 52 SOUTH BROAD STREET, NORWICH NY 13815

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