Western Alliance Bancorporation is a dividend paying company with a current yield of 2.29% that is well covered by earnings. Next payment date is on 30th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
2.3%
Dividend yield
21%
Payout ratio
Industry average yield
3.0%
Next dividend pay date
30 Jun 24
Ex dividend date
14 Jun 24
Dividend per share
n/a
Earnings per share
US$6.83
Dividend yield forecast in 3Y
2.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, WAL.PRA has been paying a dividend for less than 10 years.
Growing Dividend: WAL.PRA's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Western Alliance Bancorporation Dividend Yield vs Market
How does WAL.PRA dividend yield compare to the market?
Segment
Dividend Yield
Company (WAL.PRA)
2.3%
Market Bottom 25% (US)
1.5%
Market Top 25% (US)
4.6%
Industry Average (Banks)
3.0%
Analyst forecast in 3 Years (WAL.PRA)
2.5%
Notable Dividend: WAL.PRA's dividend (2.29%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: WAL.PRA's dividend (2.29%) is low compared to the top 25% of dividend payers in the US market (4.6%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.2%), WAL.PRA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WAL.PRA's dividends in 3 years are forecast to be well covered by earnings (15.3% payout ratio).