Bankwell Financial Group, Inc.

NasdaqGM:BWFG Stock Report

Market Cap: US$183.5m

Bankwell Financial Group Dividend

Dividend criteria checks 2/6

Bankwell Financial Group is a dividend paying company with a current yield of 3.34% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 9th May, 2024.

Key information

3.3%

Dividend yield

21%

Payout ratio

Industry average yield3.0%
Next dividend pay date21 May 24
Ex dividend date09 May 24
Dividend per sharen/a
Earnings per shareUS$3.82
Dividend yield forecast in 3Y3.3%

Recent dividend updates

Bankwell Financial Group (NASDAQ:BWFG) Has Affirmed Its Dividend Of $0.20

Apr 29
Bankwell Financial Group (NASDAQ:BWFG) Has Affirmed Its Dividend Of $0.20

Bankwell Financial Group (NASDAQ:BWFG) Has Affirmed Its Dividend Of $0.20

Jan 28
Bankwell Financial Group (NASDAQ:BWFG) Has Affirmed Its Dividend Of $0.20

Bankwell Financial Group (NASDAQ:BWFG) Will Pay A Dividend Of $0.20

Jul 30
Bankwell Financial Group (NASDAQ:BWFG) Will Pay A Dividend Of $0.20

Recent updates

Bankwell Financial Group (NASDAQ:BWFG) Has Affirmed Its Dividend Of $0.20

Apr 29
Bankwell Financial Group (NASDAQ:BWFG) Has Affirmed Its Dividend Of $0.20

Bankwell Financial Group (NASDAQ:BWFG) Has Affirmed Its Dividend Of $0.20

Jan 28
Bankwell Financial Group (NASDAQ:BWFG) Has Affirmed Its Dividend Of $0.20

Bankwell Financial Group (NASDAQ:BWFG) Will Pay A Dividend Of $0.20

Jul 30
Bankwell Financial Group (NASDAQ:BWFG) Will Pay A Dividend Of $0.20

Bankwell Financial: Growth Of Loan Volume To Counter Margin Compression

Sep 22

Bankwell Financial: Strong Loan Growth To Drive The Bottom Line

Jul 10

Bankwell Financial: The Loan Book Is Heavily Geared Towards CRE And Commercial Loans

Mar 22

Bankwell Financial Group (NASDAQ:BWFG) Will Pay A Larger Dividend Than Last Year At US$0.20

Jan 30
Bankwell Financial Group (NASDAQ:BWFG) Will Pay A Larger Dividend Than Last Year At US$0.20

Bankwell Financial Group's (NASDAQ:BWFG) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 05
Bankwell Financial Group's (NASDAQ:BWFG) Shareholders Will Receive A Bigger Dividend Than Last Year

Upcoming Dividend Payment

TodayMay 07 2024Ex Dividend DateMay 09 2024Dividend Pay DateMay 21 202412 days from Ex DividendBuy in the next 2 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

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

Growing Dividend: BWFG's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Bankwell Financial Group Dividend Yield vs Market
How does BWFG dividend yield compare to the market?
SegmentDividend Yield
Company (BWFG)3.3%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.7%
Industry Average (Banks)3.0%
Analyst forecast in 3 Years (BWFG)3.3%

Notable Dividend: BWFG's dividend (3.34%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: BWFG's dividend (3.34%) is low compared to the top 25% of dividend payers in the US market (4.73%).


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.8%), BWFG's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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