Provident Financial Services Dividends and Buybacks
Dividend criteria checks 5/6
Provident Financial Services is a dividend paying company with a current yield of 5.04%.
Key information
5.0%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.960 |
| Payout ratio | 98% |
Recent dividend and buyback updates
Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24
Nov 02
Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24
Jul 29Recent updates
Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24
Nov 02Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24
Jul 29Provident Financial: An Old Local Bank With Growth Potential After Lakeland Bank Merger
Feb 14Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24
Jan 29Provident Financial Services (NYSE:PFS) Is Paying Out A Dividend Of $0.24
Oct 30Provident Financial: Impressive Dividend Yield With Promising Lakeland Merger
Oct 26Do Provident Financial Services' (NYSE:PFS) Earnings Warrant Your Attention?
Sep 09Provident Financial Services: Waiting For Better Times, Better Price
Aug 12Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24
Aug 03Provident Financial Services, Inc. (NYSE:PFS) Analysts Just Slashed This Year's Revenue Estimates By 15%
Jul 30Provident Financial Services (NYSE:PFS) Will Pay A Dividend Of $0.24
May 01Provident Financial Services (NYSE:PFS) Ticks All The Boxes When It Comes To Earnings Growth
Apr 27Provident Financial Services (NYSE:PFS) Has Affirmed Its Dividend Of $0.24
Jan 30Revenue Downgrade: Here's What Analysts Forecast For Provident Financial Services, Inc. (NYSE:PFS)
Jan 28Provident Financial GAAP EPS of $0.66 beats by $0.03, revenue of $132.33M misses by $2.95M
Jan 27Provident Financial Services' (NYSE:PFS) Dividend Will Be $0.24
Oct 31Provident Financial GAAP EPS of $0.58 in-line, revenue of $137.93M beats by $11.68M
Oct 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PFS's dividends per share have been stable in the past 10 years.
Growing Dividend: PFS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Provident Financial Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PFS) | 5.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (PFS) (up to 3 years) | 5.2% |
Notable Dividend: PFS's dividend (5.04%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: PFS's dividend (5.04%) is in the top 25% of dividend payers in the US market (4.5%)
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.6%), PFS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PFS's dividends in 3 years are forecast to be well covered by earnings (42.6% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:09 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Provident Financial Services, Inc. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Erik Zwick | Boenning & Scattergood, Inc. |
| Manuel Navas | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |