Western Alliance Bancorporation Dividends and Buybacks
Dividend criteria checks 2/6
Western Alliance Bancorporation is a dividend paying company with a current yield of 1.7% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 13th November, 2024.
Key information
1.7%
Dividend yield
0.09%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 3.0% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 13 Nov 24 |
| Dividend per share | R$8.920 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, WABC34 has been paying a dividend for less than 10 years.
Growing Dividend: WABC34'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WABC34) | 1.7% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.5% |
| Industry Average (Banks) | 5.2% |
| Analyst forecast (WABC34) (up to 3 years) | 1.7% |
Notable Dividend: WABC34's dividend (1.7%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.96%).
High Dividend: WABC34's dividend (1.7%) is low compared to the top 25% of dividend payers in the BR market (9.46%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.8%), WABC34's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WABC34's dividends in 3 years are forecast to be thoroughly covered by earnings (14.9% payout ratio).