Berkshire Hills Bancorp Dividends and Buybacks
Dividend criteria checks 3/6
Berkshire Hills Bancorp is a dividend paying company with a current yield of 2.3% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 14th November, 2024.
Key information
2.3%
Dividend yield
1.8%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 1.1% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | US$0.720 |
| Payout ratio | 77% |
Recent dividend and buyback updates
Recent updates
Berkshire Hills Bancorp (NYSE:BHLB) Is Paying Out A Dividend Of $0.18
Nov 07
Berkshire Hills Bancorp: Earnings Likely To Bounce Back, But Risks Are High
May 01BHLB: Surprise Q4 Loss Is Nothing To Worry About
Feb 02Berkshire Hills Bancorp (NYSE:BHLB) Will Pay A Dividend Of $0.18
Nov 06Berkshire Hills Bancorp: Earnings Outlook Remains Positive (Rating Upgrade)
Jun 13Berkshire Hills Bancorp declares $0.18 dividend
Feb 03Berkshire Hills Bancorp announces $50M stock buyback program
Jan 25Berkshire Hills Bancorp: Earnings Likely To Recover Thanks To Topline Growth
Jan 03Berkshire Hills Bancorp (NYSE:BHLB) Is Increasing Its Dividend To $0.18
Nov 07Berkshire Hills Bancorp raises dividend by 50% to $0.18
Nov 04Berkshire Hills Bancorp Non-GAAP EPS of $0.62 beats by $0.03, revenue of $108.81M beats by $2.87M
Oct 20Berkshire Hills Bancorp's Subhadeep Basu steps down from CFO role
Oct 13Berkshire Hills Bancorp Non-GAAP EPS of $0.51 beats by $0.04, revenue of $97.71M beats by $0.93M
Jul 20Berkshire Hills Bancorp Is Trading At Over 15 Times Earnings, So I'm On The Sidelines
Jun 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BHLB's dividend payments have been volatile in the past 10 years.
Growing Dividend: BHLB's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Berkshire Hills Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BHLB) | 2.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (BHLB) (up to 3 years) | 2.4% |
Notable Dividend: BHLB's dividend (2.3%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: BHLB's dividend (2.3%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.8%), BHLB's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BHLB's dividends in 3 years are forecast to be well covered by earnings (26.9% payout ratio).