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Heritage Commerce Corp  (HTBK)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

 

HTBK's Dividend Pay out ratio over the 12 Months Period

Cumulative by Quarter, Trailing twelve months


Heritage Commerce Corp 12 Months dividend pay out ratio, in the forth quarter 2023, sequentially increased to 49.62% in the fourth quarter 2023, yet the ratio remained below the average.

Within Financial sector 181 other companies have achieved higher 12 Months dividend pay out ratio. While Cumulative dividend pay out ratio total ranking has improved so far during the IV Quarter 2023, to 467, from total ranking in the third quarter 2023 at 603.


Dividend in Glossary



Cumulative Dividend Pay out Ratio IV. Quarter
(Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
HTBK's Pay out Ratio (TTM) 49.62 % 44.24 % 42.78 % 43.53 % 47.34 %
HTBK's Dividend Pay out Ratio Total Ranking # 467 # 603 # 588 # 575 # 556

  News about Heritage Commerce Corp Dividends

Heritage Commerce Corp Holds Strong Dividend Record Amid Dynamic Financial Sector



Noteworthy banking institution, Heritage Commerce Corp (Nasdaq: HTBK), the parent company for Heritage Bank of Commerce, has yet again demonstrated its financial fortitude. The financial powerhouse announced its Board of Directors' recent approval of a regular quarterly cash dividend of $0.13 per share to all its common stock shareholders, a reflection of its sustained trajectory of financial stability and shareholder value.
Payable on February 22, 2024, to shareholders of record at the close of the business day on February 8, 2024, this dividend further emphasizes Heritage Commerce Corp's commitment to its shareholder base. A significant fact worth noting is that the corporation has diligently bestowed a cash dividend to its shareholders every quarter since 2013, exemplifying a consistent pattern of rewarding their trust and investment.

Heritage Commerce Corp Maintains Dividend Tradition Amidst a Decreased Payout Ratio


Heritage Commerce Corp Announces Regular Quarterly Cash Dividend and a Decreased Dividend Payout Ratio
SAN JOSE, Calif., Oct. 26, 2023 - Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, has recently declared a regular quarterly cash dividend of $0.13 per share for its common stockholders. The dividend is scheduled to be paid on November 21, 2023, to all shareholders of record as of November 7, 2023. This announcement follows the company's consistent practice of paying quarterly dividends since 2013.
In addition to the dividend declaration, it is important to note that the 12-month dividend payout ratio for Heritage Commerce Corp has decreased to 42.78% in the second quarter of 2023. The dividend payout ratio measures the proportion of a company's earnings that are distributed to shareholders in the form of dividends. This figure is below the company's average payout ratio of 56.8%.
Comparing Heritage Commerce Corp's performance to its peers in the Financial sector, it is evident that there are 229 companies with a higher 12-month dividend payout ratio. This suggests that Heritage Commerce Corp may be holding back on distributing a larger portion of its earnings to shareholders.


HTBK's Dividend Pay out Ratio Company Ranking
Within: No.
Regional Banks Industry # 34
Financial Sector # 182
S&P 500 # 467

Dividend Pay out Ratio Statistics
High Average Low
102.38 % 56.25 % 12.86 %
(Sep 30 2020)   (Sep 30 2017)



Other Dividend Ratios
Highest Ranking Dividend Yield
Lowest Ranking Dividend Yield
Annual Dividend Pay out for HTBK
HTBK's Dividend Yield




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