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Provident Financial Services (FRA:PQ3) Dividend Payout Ratio : 0.49 (As of Dec. 2024)


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What is Provident Financial Services 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. Provident Financial Services's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.49.

The historical rank and industry rank for Provident Financial Services's Dividend Payout Ratio or its related term are showing as below:

FRA:PQ3' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.52   Max: 0.67
Current: 0.67


During the past 13 years, the highest Dividend Payout Ratio of Provident Financial Services was 0.67. The lowest was 0.40. And the median was 0.52.

FRA:PQ3's Dividend Payout Ratio is ranked worse than
87.18% of 1147 companies
in the Banks industry
Industry Median: 0.34 vs FRA:PQ3: 0.67

As of today (2025-04-06), the Dividend Yield % of Provident Financial Services is 6.54%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Provident Financial Services was 8.82%. The lowest was 2.47%. And the median was 3.76%.

Provident Financial Services's Dividends per Share for the months ended in Dec. 2024 was €0.23.

During the past 3 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.90% per year.

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 1.10% per year. And the median was 8.10% 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.


Provident Financial Services Dividend Payout Ratio Historical Data

The historical data trend for Provident Financial Services'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.

Provident Financial Services Dividend Payout Ratio Chart

Provident Financial Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.43 0.40 0.54 0.66

Provident Financial Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.53 6.76 0.54 0.49

Competitive Comparison of Provident Financial Services's Dividend Payout Ratio

For the Banks - Regional subindustry, Provident Financial Services'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.


Provident Financial Services's Dividend Payout Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Provident Financial Services's Dividend Payout Ratio falls into.


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Provident Financial Services Dividend Payout Ratio Calculation

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.

Provident Financial Services's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2024 )/ EPS without NRI (A: Dec. 2024 )
=0.917/ 1.385
=0.66

Provident Financial Services's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=0.229/ 0.468
=0.49

* 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 (FRA:PQ3) 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.


Provident Financial Services Dividend Payout Ratio Related Terms

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


Provident Financial Services Business Description

Traded in Other Exchanges
Address
239 Washington Street, Jersey, NJ, USA, 07302
Provident Financial Services Inc is the holding company for The Provident Bank, a community-oriented bank. The Company's operations are solely in the financial services industry and include providing traditional banking and other financial services to its customers. The Company operates in the geographical regions of northern and central New Jersey, Queens and Nassau Counties in New York and eastern Pennsylvania. The Company has a single reporting segment for financial reporting purposes. 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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