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 Yield | 3.5% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 5.0% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 19 Dec 24 |
| Dividend per share | US$2.480 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year
Aug 29
Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Jan 30Recent updates
Northrim BanCorp: Rosy Earnings Outlook Appears Priced-In
Oct 20Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year
Aug 29Northrim BanCorp: Still Marginally Attractive Despite Some Weak Spots
May 13Northrim BanCorp: The Golden Moment Continues
Jan 31Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Jan 30Northrim BanCorp: Margin's High Rate-Sensitivity To Benefit Earnings
Oct 05Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Aug 29Northrim BanCorp raises dividend by 22% to $0.50
Aug 26Northrim BanCorp: High Oil Prices, Interest Rates To Salvage Earnings
Jul 21Northrim: A Cheap Alaskan Bank Faces Some Headwinds In 2022
May 07Northrim BanCorp: Topline Growth To Counter Mortgage Refinancing Normalization
Feb 17Northrim BanCorp: Regional Economy, Company-Specific Factors Likely To Limit Earnings
Oct 26Northrim BanCorp's (NASDAQ:NRIM) Dividend Will Be Increased To US$0.38
Aug 30Northrim BanCorp: Strong Loan Growth, Subdued Credit Costs To Lift Earnings
Jul 22Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend 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.