What is Provident Financial Services 3-Year Dividend Growth Rate?
Provident Financial Services's Dividends per Share for the
three
months ended in Dec. 2023 was $0.24.
The historical rank and industry rank for Provident Financial Services's 3-Year Dividend Growth Rate or its related term are showing as below:
PFS'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.4 Med: 8.15 Max: 40.7
Current: 1.4
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Provident Financial Services was 40.70% per year. The lowest was 1.40% per year. And the median was 8.15% per year.
PFS's 3-Year Dividend Growth Rate is ranked worse than 78.82% of 779
companies
in the Banks industry
Industry Median: 7.5
vs PFS: 1.40
During the past 3 years, the average Dividends Per Share Growth Rate was 1.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.90% 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.
Provident Financial Services's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.63. As of today, Provident Financial Services's Dividend Yield % is 6.38%.
Good Sign:
Provident Financial Services Inc stock dividend yield is close to 3-year high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Provident Financial Services's 3-Year Dividend Growth Rate
For the Banks - Regional subindustry, Provident Financial Services'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.
Provident Financial Services's 3-Year Dividend Growth Rate Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Provident Financial Services's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Provident Financial Services's 3-Year Dividend Growth Rate falls into.
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.
During the past 13 years, the highest Dividend Payout Ratio of Provident Financial Services was 0.66. The lowest was 0.40. And the median was 0.50.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Provident Financial Services Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.240
2024-02-08
2024-02-09
2024-02-23
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.240
2023-11-09
2023-11-10
2023-11-24
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.240
2023-08-10
2023-08-11
2023-08-25
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.240
2023-05-11
2023-05-12
2023-05-26
Cash Dividend
quarterly
USD: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.
Provident Financial Services's Dividend Yield (%) for Today is calculated as
Current Share Price is $15.05.
Provident Financial Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.96.
During the past 13 years, the highest Dividend Yield of Provident Financial Services was 8.82%. The lowest was 2.47%. And the median was 3.46%.
Good Sign:
Provident Financial Services 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.
Provident Financial Services 3-Year Dividend Growth Rate Related Terms>
Provident Financial Services (Provident Financial Services) Business Description
Provident Financial Services Inc is the holding company for The Provident Bank, a community-oriented bank. The company provides a comprehensive array of financial products and services through its network of branches throughout northern and central New Jersey, and certain counties in Pennsylvania. The company's strategy emphasizes growing high-return businesses in nonstandard markets, and maintaining a secured capital structure. Commercial loans represent a plurality of the company's loans, followed by construction loans. The majority of the revenue-generating activities that are components of non-interest income are These revenue streams can generally be classified into three broad categories: wealth management revenue, insurance agency income, and banking service charges and other fees.
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