BHLB (Berkshire Hills Bancorp) Dividend Payout Ratio : 0.31 (As of Sep. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Berkshire Hills Bancorp Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Berkshire Hills Bancorp's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.31.

The historical rank and industry rank for Berkshire Hills Bancorp's Dividend Payout Ratio or its related term are showing as below:

BHLB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.36 Max: 1.2
Current: 0.34

During the past 13 years, the highest Dividend Payout Ratio of Berkshire Hills Bancorp was 1.20. The lowest was 0.25. And the median was 0.36.

BHLB's Dividend Payout Ratio is ranked better than
52.22% of 1147 companies
in the Banks industry
Industry Median: 0.34 vs BHLB: 0.34

As of today (2024-12-15), the Dividend Yield % of Berkshire Hills Bancorp is 2.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Berkshire Hills Bancorp was 10.31%. The lowest was 1.52%. And the median was 2.67%.

Berkshire Hills Bancorp's Dividends per Share for the months ended in Sep. 2024 was $0.18.

During the past 5 years, the average Dividends Per Share Growth Rate was -8.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Berkshire Hills Bancorp was 68.70% per year. The lowest was -18.30% per year. And the median was 3.65% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Berkshire Hills Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Berkshire Hills Bancorp's Dividend Payout Ratio 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.

Berkshire Hills Bancorp Dividend Payout Ratio Chart

Berkshire Hills Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.38

1.20

0.28

0.25

0.34

Berkshire Hills Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.36	0.38	0.37	0.33	0.31

Competitive Comparison of Berkshire Hills Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Berkshire Hills Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Berkshire Hills Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Berkshire Hills Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Berkshire Hills Bancorp's Dividend Payout Ratio falls into.

Berkshire Hills Bancorp Dividend Payout Ratio Calculation

Berkshire Hills Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.72	/	2.14
	=	0.34

Berkshire Hills Bancorp's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.18	/	0.58
	=	0.31

Berkshire Hills Bancorp (NYSE:BHLB) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Berkshire Hills Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Berkshire Hills Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Berkshire Hills Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berkshire Hills Bancorp Inc (NYSE:BHLB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

4I9:Germany

Address

60 State Street, Boston, MA, USA, 02109

Website

https://www.berkshirebank.com

Berkshire Hills Bancorp Inc is a holding company. It provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Management services.

Executives

Nitin J. Mhatre	director, officer: President and CEO	24 NORTH STREET, PITTSFIELD MA 01201
Ellen Tulchiner	officer: EVP,Head of Cnsmr Lndng&Pymnts	24 NORTH STREET, PITTSFIELD MA 01201
Baye Adofo-wilsin	director	24 NORTH STREET, PITTSFIELD MA 01201
Michael Zaitzeff	director	C/O HOLDCO ASSET MANAGEMENT, LP, 441 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK NY 10017
Mary Anne Callahan	director	24 NORTH STREET, PITTSFIELD MA 01201
Karyn Polito	director	24 NORTH STREET, PITTSFIELD MA 01201
Jacqueline Courtwright	officer: EVP,Chief HR & Culture Officer	24 NORTH STREET, PITTSFIELD MA 01201
Kevin Conn	officer: SVP, Investors & Corp. Devel	24 NORTH STREET, PITTSFIELD MA 01201
Eric S Rosengren	director	24 NORTH STREET, PITTSFIELD MA 01201
Ashlee Picard Flores	officer: EVP -Chief Compliance Officer	24 NORTH STREET, PITTSFIELD MA 01201
R David Rosato	officer: SEVP - Chief Financial Officer	24 NORTH STREET, PITTSFIELD MA 01201
Brett Brbovic	officer: Sr Managing Dir and CAO	24 NORTH STREET, PITTSFIELD MA 01201
James Cannon Brown	officer: SEVP-Head of Comm'l Banking	24 NORTH STREET, PITTSFIELD MA 01201
Philip Jurgeleit	officer: EVP - Chief Credit Officer	24 NORTH STREET, PITTSFIELD MA 01201
Wm Gordon Prescott	officer: SEVP and General Counsel	24 NORTH STREET, PITTSFIELD MA 01201