Northrim BanCorp, Inc.

NasdaqGS:NRIM Stock Report

Market Cap: US$473.2m

Northrim BanCorp Dividends and Buybacks

Dividend criteria checks 4/6

Northrim BanCorp is a dividend paying company with a current yield of 2.9% that is well covered by earnings. Next payment date is on 27th December, 2024 with an ex-dividend date of 19th December, 2024.

Key information

2.9%

Dividend yield

0.6%

Buyback Yield

Total Shareholder Yield3.5%
Future Dividend Yield2.9%
Dividend Growth5.0%
Next dividend pay date27 Dec 24
Ex dividend date19 Dec 24
Dividend per shareUS$2.480
Payout ratio41%

Recent dividend and buyback updates

Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year

Aug 29
Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year

Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's

Jan 30
Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

Northrim BanCorp: Rosy Earnings Outlook Appears Priced-In

Oct 20

Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year

Aug 29
Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year

Northrim BanCorp: Still Marginally Attractive Despite Some Weak Spots

May 13

Northrim BanCorp: The Golden Moment Continues

Jan 31

Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's

Jan 30
Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's

Northrim BanCorp: Margin's High Rate-Sensitivity To Benefit Earnings

Oct 05

Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's

Aug 29
Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's

Northrim BanCorp raises dividend by 22% to $0.50

Aug 26

Northrim BanCorp: High Oil Prices, Interest Rates To Salvage Earnings

Jul 21

Northrim: A Cheap Alaskan Bank Faces Some Headwinds In 2022

May 07

Northrim BanCorp: Topline Growth To Counter Mortgage Refinancing Normalization

Feb 17

Northrim BanCorp: Regional Economy, Company-Specific Factors Likely To Limit Earnings

Oct 26

Northrim BanCorp's (NASDAQ:NRIM) Dividend Will Be Increased To US$0.38

Aug 30
Northrim BanCorp's (NASDAQ:NRIM) Dividend Will Be Increased To US$0.38

Northrim BanCorp: Strong Loan Growth, Subdued Credit Costs To Lift Earnings

Jul 22

Upcoming Dividend Payment

TodayDec 14 2024Ex Dividend DateDec 19 2024Dividend Pay DateDec 27 20248 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: NRIM's dividends per share have been stable in the past 10 years.

Growing Dividend: NRIM's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Northrim BanCorp Dividend Yield vs Market
How does NRIM dividend yield compare to the market?
SegmentDividend Yield
Company (NRIM)2.9%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Banks)2.6%
Analyst forecast (NRIM) (up to 3 years)2.9%

Notable Dividend: NRIM's dividend (2.9%) is higher than the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: NRIM's dividend (2.9%) is low compared to the top 25% of dividend payers in the US market (4.27%).


Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.5%), NRIM'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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