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PFS (Provident Financial Services) Dividend Yield % : 4.72% (As of Dec. 15, 2024)


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What is Provident Financial Services Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Provident Financial Services is 4.72%.

Warning Sign:

Provident Financial Services Inc stock dividend yield is close to 1-year low.

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

PFS' s Dividend Yield % Range Over the Past 10 Years
Min: 2.47   Med: 3.67   Max: 8.82
Current: 4.72

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 3.67%.

PFS's Dividend Yield % is ranked better than
64.18% of 1234 companies
in the Banks industry
Industry Median: 3.69 vs PFS: 4.72

Provident Financial Services's Dividend Payout Ratio for the three months ended in Jun. 2024 was 6.86.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Provident Financial Services Inc is 0.73, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Provident Financial Services was 0.73. The lowest was 0.40. And the median was 0.50.

As of today (2024-12-15), the Forward Dividend Yield % of Provident Financial Services is 4.72%.

Provident Financial Services's Dividends per Share for the three months ended in Jun. 2024 was $0.24.

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.

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.

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 Yield % Historical Data

The historical data trend for Provident Financial Services's Dividend Yield % 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 Yield % Chart

Provident Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 5.12 3.84 4.49 5.32

Provident Financial Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % 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 6.28 5.32 6.59 6.69 5.17

Competitive Comparison of Provident Financial Services's Dividend Yield %

For the Banks - Regional subindustry, Provident Financial Services's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Banks Industry

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

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



Provident Financial Services Dividend Yield % Calculation

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 0.2400002024-11-152024-11-152024-11-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2400002024-08-162024-08-162024-08-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.2400002024-04-262024-04-292024-05-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2400002024-02-082024-02-092024-02-23Cash 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.

Provident Financial Services's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.96/20.36
=4.72 %

Current Share Price is $20.36.
Provident Financial Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.96.

Provident Financial Services's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.96/20.36
=4.72 %

Current Share Price is $20.36.
Provident Financial Services's Dividends per Share for the forward twelve months is calculated as $0.24 * 4 = $0.96.

* 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  (NYSE:PFS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Provident Financial Services Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Provident Financial Services's Dividend Yield % 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.
Executives
Christopher P Martin officer: President
Edward J Leppert director C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Frank L Fekete director
Walter Sierotko officer: EVP/CLO of Provident Bank 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Vito Giannola officer: EVP & Chief Retail Banking Ofc C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Anthony J Labozzetta director, officer: President and COO SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
George Lista officer: President/CEO SB One Insurance C/O SUSSEX BANK, 399 ROUTE 23, FRANKLIN NJ 07416
James P Dunigan director 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Bennett Macdougall officer: EVP, General Counsel, Sec 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Adriano M. Duarte officer: EVP & CAO of Provident Bank 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Matthew K. Harding director 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Robert Mcnerney director C/O SUSSEX BANK, 399 ROUTE 23, FRANKLIN NJ 07416
James A. Christy officer: SVP, CRO of Provident Bank, other: General Auditor 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Ravi Vakacherla officer: Chief Digital & Innovation Off 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Valerie O Murray officer: SVP & Chief Wealth Mgmt Ofc 239 WASHINGTON STREET, JERSEY CITY NJ 07302