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Heritage Commerce (Heritage Commerce) 5-Year Dividend Growth Rate

: 3.10% (As of Dec. 2023)
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Heritage Commerce's Dividends per Share for the three months ended in Dec. 2023 was $0.13.

During the past 5 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.20% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Heritage Commerce was 81.70% per year. The lowest was -53.60% per year. And the median was 9.60% per year.

Heritage Commerce's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.59. As of today, Heritage Commerce's Dividend Yield % is 6.27%.

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


Competitive Comparison

For the Banks - Regional subindustry, Heritage Commerce's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


Heritage Commerce 5-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Heritage Commerce's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Heritage Commerce's 5-Year Dividend Growth Rate falls into.



Heritage Commerce 5-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 least square regression.

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.


Heritage Commerce  (NAS:HTBK) 5-Year Dividend Growth Rate Explanation

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

Heritage Commerce'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 )
=0.13/ 0.22
=0.59

During the past 13 years, the highest Dividend Payout Ratio of Heritage Commerce was 0.90. The lowest was 0.41. And the median was 0.55.

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

Heritage Commerce Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1302024-02-072024-02-082024-02-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1302023-11-062023-11-072023-11-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.1302023-08-092023-08-102023-08-24Cash DividendquarterlyUSD:USD 1.000000
USD 0.1302023-05-102023-05-112023-05-25Cash 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.

Heritage Commerce's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.52/8.30
=6.27 %

Current Share Price is $8.30.
Heritage Commerce's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.52.

During the past 13 years, the highest Dividend Yield of Heritage Commerce was 7.92%. The lowest was 0.36%. And the median was 3.41%.

* 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.


Heritage Commerce 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Heritage Commerce's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Heritage Commerce (Heritage Commerce) Business Description

Traded in Other Exchanges
Address
224 Airport Parkway, San Jose, CA, USA, 95110
Heritage Commerce Corp operates as a bank holding company. The company, through its subsidiary, offers commercial banking services to small and medium-sized businesses and their owners, managers, and employees. It operates through two segments, namely Banking and Factoring. The bank generates its revenue from the Banking segment.
Executives
Susan Svensson Just officer: EVP/Chief Credit Officer 224 AIRPORT PARKWAY, SAN JOSE CA 95110
Jack W Conner director HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Jason Philip Dinapoli director 1875 CENTURY PARK EAST, SUITE 1400, LOS ANGELES CA 90067
Robert Moles director HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Kamran F Husain director 3005 TASMAN DRIVE, SANTA CLARA CA 95054
Stephen G. Heitel director 150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Lawrence D Mcgovern officer: Chief Financial Officer C/O HERITAGE COMMERCE CORP, 150 ALMADEN BLVD, SAN JOSE CA 95113
Walter Theodore Kaczmarek director, officer: CEO and President HERITAGE COMMERCE CORP, 150 ALMADEN BLVD., SAN JOSE CA 95113
Peng Coonley Janice Yuli officer: EVP/Chief People and Diversity 224 AIRPORT BLVD, SAN JOSE CA 92692
Deborah Reuter officer: EVP/CRO/Corporate Secretary 224 AIRPORT PARKWAY, SAN JOSE CA 95110
Michael Eugene Benito officer: EVP/Business Banking Division 150 ALMADNE BLVD., SAN JOSE CA 95113
Keith Wilton officer: EVP/COO 150 ALMADEN BLVD., SAN JOSE CA 95113
Steven L. Hallgrimson director 150 ALMADEN BLVD., SAN JOSE CA 95113
Jones Robertson Clay Jr officer: EVP 150 ALMADEN BOULEVARD, SAN JOSE CA 95113
Bruce H Cabral director 150 ALMADEN BOULEVARD, SAN JOSE CA 95113