Western Alliance Bancorporation

NYSE:WAL Stock Report

Market Cap: US$9.0b

Western Alliance Bancorporation Dividend

Dividend criteria checks 3/6

Western Alliance Bancorporation is a dividend paying company with a current yield of 1.75% that is well covered by earnings.

Key information

1.8%

Dividend yield

22%

Payout ratio

Industry average yield2.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$1.480
Earnings per shareUS$6.63
Dividend yield forecast1.8%

Recent dividend updates

Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Dividend Of $0.36

Aug 05
Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Dividend Of $0.36

Recent updates

Western Alliance: Further Upside After S&P 400 Inclusion

Sep 11

Western Alliance: A Flawless Quarterly From Multiple Perspectives

Jul 23

Western Alliance: Solid Growth And Cheap Valuation (Rating Upgrade)

Apr 26

Western Alliance: Q1 Deposit Growth Is A Cause For Optimism

Apr 19

Western Alliance: Limited Upside In 2024 (Rating Downgrade)

Jan 31

Western Alliance Bancorp: A Beneficiary Of Improving Credit Conditions

Jan 04

Western Alliance Q3: The Business Is Clearly Recovering From The Banking Crisis

Oct 24

Western Alliance: Now Trading At Book Value (Downgrade)

Sep 14

Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Dividend Of $0.36

Aug 05
Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Dividend Of $0.36

Western Alliance Bancorp: All Eyes On Q2 - Key Metrics To Watch

Jul 17

Western Alliance: Excess Commercial Real Estate Exposure Should Not Be Overlooked

Jun 18

Western Alliance: The Banking Crisis Is Likely Over, Buy The Preferreds

Jun 03

Western Alliance goes ex-dividend tomorrow

Feb 15

If EPS Growth Is Important To You, Western Alliance Bancorporation (NYSE:WAL) Presents An Opportunity

Feb 04
If EPS Growth Is Important To You, Western Alliance Bancorporation (NYSE:WAL) Presents An Opportunity

Western Alliance Q4 2022 Earnings Preview

Jan 23

Western Alliance goes ex-dividend tomorrow

Nov 16

Western Alliance Bancorporation: Attractively Valued With Good Prospects Of Earnings Growth

Oct 26

Western Alliance Q3 2022 Earnings Preview

Oct 19

Western Alliance Bancorporation: Strong Growth On The Cards

Aug 07

Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At $0.36

Aug 01
Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At $0.36

Does Western Alliance Bancorporation (NYSE:WAL) Deserve A Spot On Your Watchlist?

Jun 13
Does Western Alliance Bancorporation (NYSE:WAL) Deserve A Spot On Your Watchlist?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, WAL has been paying a dividend for less than 10 years.

Growing Dividend: WAL's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Western Alliance Bancorporation Dividend Yield vs Market
How does WAL dividend yield compare to the market?
SegmentDividend Yield
Company (WAL)1.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Banks)2.9%
Analyst forecast (WAL) (up to 3 years)1.8%

Notable Dividend: WAL's dividend (1.75%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: WAL's dividend (1.75%) is low compared to the top 25% of dividend payers in the US market (4.37%).


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.1%), WAL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: WAL's dividends in 3 years are forecast to be well covered by earnings (15.6% payout ratio).


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