Heritage Financial Corporation

NasdaqGS:HFWA Stock Report

Market Cap: US$793.4m

Heritage Financial Dividend

Dividend criteria checks 4/6

Heritage Financial is a dividend paying company with a current yield of 3.85% that is well covered by earnings. Next payment date is on 20th November, 2024 with an ex-dividend date of 6th November, 2024.

Key information

3.8%

Dividend yield

1.7%

Buyback Yield

Total Shareholder Yield5.5%
Future Dividend Yield4.1%
Dividend Growth4.4%
Next dividend pay date20 Nov 24
Ex dividend date06 Nov 24
Dividend per shareUS$0.920
Payout ratio84%

Recent dividend updates

Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.23

Jan 28
Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.23

Recent updates

Heritage Financial Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 27
Heritage Financial Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.23

Jan 28
Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.23

Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.22

Apr 25
Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.22

Heritage Financial's (NASDAQ:HFWA) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 31
Heritage Financial's (NASDAQ:HFWA) Shareholders Will Receive A Bigger Dividend Than Last Year

Heritage Financial declares $0.21 dividend

Oct 20

Heritage Financial's (NASDAQ:HFWA) Dividend Will Be $0.21

Jul 24
Heritage Financial's (NASDAQ:HFWA) Dividend Will Be $0.21

Heritage Financial declares $0.21 dividend

Jul 21

Heritage Financial (NASDAQ:HFWA) Has Affirmed Its Dividend Of US$0.21

Apr 25
Heritage Financial (NASDAQ:HFWA) Has Affirmed Its Dividend Of US$0.21

Heritage Financial (NASDAQ:HFWA) Will Pay A Dividend Of US$0.21

Feb 01
Heritage Financial (NASDAQ:HFWA) Will Pay A Dividend Of US$0.21

Heritage Financial's (NASDAQ:HFWA) Dividend Will Be US$0.20

Jul 25
Heritage Financial's (NASDAQ:HFWA) Dividend Will Be US$0.20

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: HFWA's dividend payments have been volatile in the past 10 years.

Growing Dividend: HFWA's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Heritage Financial Dividend Yield vs Market
How does HFWA dividend yield compare to the market?
SegmentDividend Yield
Company (HFWA)3.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.5%
Industry Average (Banks)2.8%
Analyst forecast (HFWA) (up to 3 years)4.1%

Notable Dividend: HFWA's dividend (3.85%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: HFWA's dividend (3.85%) is low compared to the top 25% of dividend payers in the US market (4.51%).


Current Payout to Shareholders

Earnings Coverage: At its current payout ratio (84%), HFWA's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HFWA's dividends in 3 years are forecast to be well covered by earnings (45.1% payout ratio).


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