Brookline Bancorp Dividends and Buybacks
Dividend criteria checks 6/6
Brookline Bancorp is a dividend paying company with a current yield of 4.47% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
4.5%
Dividend yield
0.06%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 6.3% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$0.540 |
| Payout ratio | 65% |
Recent dividend and buyback updates
Brookline Bancorp (NASDAQ:BRKL) Has Affirmed Its Dividend Of $0.135
Oct 27
Brookline Bancorp (NASDAQ:BRKL) Has Announced A Dividend Of $0.135
Jan 28Recent updates
Brookline Bancorp (NASDAQ:BRKL) Has Affirmed Its Dividend Of $0.135
Oct 27Brookline Bancorp: +5% Dividend Yield And Earnings Likely To Recover By Next Year
Sep 06Brookline Bancorp: Taking The Cautious Approach Amidst A Mixed Picture
Jun 21Brookline Bancorp: Dividend Yield Of Over 6% And Somewhat Positive Earnings Outlook
May 26Brookline Bancorp (NASDAQ:BRKL) Has Announced A Dividend Of $0.135
Jan 28Brookline Bancorp's (NASDAQ:BRKL) Dividend Will Be $0.135
Oct 31Brookline Bancorp (NASDAQ:BRKL) Is Paying Out A Dividend Of $0.135
Apr 30Brookline Bancorp (NASDAQ:BRKL) Is Paying Out A Larger Dividend Than Last Year
Nov 02Brookline Bancorp goes ex-dividend tomorrow
Aug 10Brookline Bancorp (NASDAQ:BRKL) Will Pay A Larger Dividend Than Last Year At US$0.13
May 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BRKL's dividends per share have been stable in the past 10 years.
Growing Dividend: BRKL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Brookline Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BRKL) | 4.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (BRKL) (up to 3 years) | 4.5% |
Notable Dividend: BRKL's dividend (4.47%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: BRKL's dividend (4.47%) is in the top 25% of dividend payers in the US market (4.3%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.8%), BRKL's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BRKL's dividends in 3 years are forecast to be well covered by earnings (43.5% payout ratio).