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Hanover BancorpHNVR -0.04%67 Dividend Payout Ratio is 0.17 as of Jun. 2026, which is 23% below its 10-year median of 0.22. GuruFocus rates HNVR with a GF Score™ of 67/100 and a GF Value™ of $23.04 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,173 Banks companies, Hanover Bancorp ranks better than 68.12% on this metric.
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. Hanover Bancorp's Dividend Payout Ratio for the
months ended in Jun. 2026 was 0.17.
The historical rank and industry rank for Hanover Bancorp's Dividend Payout Ratio or its related term are showing as below:
HNVR'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.22 Max: 0.3
Current: 0.25
During the past 6 years, the highest Dividend Payout Ratio of Hanover Bancorp was 0.30. The lowest was 0.05. And the median was 0.22.
HNVR's Dividend Payout Ratio is ranked better than 68.12% of 1173
companies
in the Banks industry
Industry Median: 0.32
vs HNVR: 0.25
During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.
During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Hanover Bancorp was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% 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.
Hanover Bancorp (NAS:HNVR) 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.
Hanover Bancorp Dividend Payout Ratio Related Terms
Hanover Bancorp Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Hanover 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.
HNVR vs PFLC, TRCY, MSWV: Dividend Payout Ratio Comparison
For the Banks - Regional subindustry, Hanover 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.
Hanover Bancorp Dividend Payout Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Hanover Bancorp's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Hanover Bancorp's Dividend Payout Ratio falls into.
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.
Hanover Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Hanover Bancorp (HNVR) has a Dividend Payout Ratio of 0.17 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hanover Bancorp and its competitors. This is 23% below median its historical median of 0.22. Over the past decade, Hanover Bancorp's Dividend Payout Ratio has ranged from 0.05 to 0.30. According to the industry distribution chart, Hanover Bancorp ranks #374 out of 1173 companies in the Banks industry, placing it in the top 31.9%.
Is Hanover Bancorp's Dividend Payout Ratio too high?
Hanover Bancorp's current Dividend Payout Ratio of 0.17 is 23% below median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.30. The Banks industry median Dividend Payout Ratio is 0.32. Hanover Bancorp's value of 0.17 is 46.9% below this industry median. Based on the distribution chart, Hanover Bancorp ranks #374 out of 1173 companies in the Banks industry, which is above the industry midpoint. Overall, Hanover Bancorp has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanover Bancorp's Dividend Payout Ratio compare to PFLC and TRCY?
According to the Banks industry distribution chart, Hanover Bancorp ranks #374 out of 1173 companies for Dividend Payout Ratio. This puts Hanover Bancorp in the upper half of its industry. The industry median Dividend Payout Ratio is 0.32. Hanover Bancorp's value of 0.17 is 46.9% below this benchmark. Historically, Hanover Bancorp's own Dividend Payout Ratio has ranged from 0.05 to 0.30 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.32, Hanover Bancorp has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,173 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hanover Bancorp's current Dividend Payout Ratio of 0.17 is 46.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Hanover Bancorp and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanover Bancorp's current Dividend Payout Ratio is 0.17, which is 23% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanover Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Hanover Bancorp (HNVR) is currently considered Modestly Overvalued. The stock's GF Value™ is $23.04, compared to a current price of $26.94 — trading 16.9% above its estimated fair value. The current Dividend Payout Ratio is 0.17, which is 23% below median its 10-year median of 0.22 and 46.9% below the Banks industry median of 0.32. Hanover Bancorp's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Hanover Bancorp (HNVR), the current Dividend Payout Ratio is 0.17 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hanover Bancorp (HNVR) Overvalued in 2026?
Based on GuruFocus' analysis, Hanover Bancorp stock appears to be overvalued.
The current stock price of $26.94 is trading 16.9% above its estimated GF Value™ of $23.04.
GuruFocus considers Hanover Bancorp to be Modestly Overvalued.
Key valuation signals for HNVR:
Dividend Payout Ratio: 0.17 (23% below median its 10-year median of 0.22)
GF Value™: $23.04 vs. price of $26.94 (16.9% above fair value)
Industry Position: 46.9% below the Banks median (#374 of 1173)
No single metric tells the full story. See the HNVR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hanover Bancorp Inc is a community commercial bank focused on providing personalized and efficient services and products tailored to local needs. The Bank offers a full range of financial services, including a complete suite of consumer, commercial, and municipal banking products such as multifamily and commercial mortgages, government-guaranteed loans, residential loans, business loans, and lines of credit. In addition, it provides customers with access to 24-hour ATM services with no fees, interest-bearing free checking accounts, telephone banking, mobile and internet banking solutions for both consumer and business clients, and safe deposit boxes.
67GF Score
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