Amalgamated Financial Corp. operates as the bank holding company for Amalgamated Bank that provides commercial and retail banking, investment management, and trust and custody services for commercial and retail customers in the United States. The company accepts various deposit products, including non-interest bearing accounts, interest-bearing demand products, savings accounts, money market accounts, NOW accounts, and certificates of deposit. It also provides various commercial loans comprising commercial and industrial, multifamily mortgage, and commercial real estate loans; and retail loans, such as residential real estate, and consumer and other loans. In addition, the company offers online banking, bill payment, online cash management, and safe deposit box rental services; debit and ATM cards; and trust, custody, and investment management services comprising asset safekeeping, corporate actions, income collections, proxy, account transition, asset transfers, and conversion management services. Further, it provides investment products, such as equity, fixed-income, real estate, and alternative investment products; and brokerage, asset management, and insurance products. The company operates through its three branch offices across New York City, one branch office in Washington, D.C., one branch office in San Francisco, one commercial office in Boston, and digital banking platform. Amalgamated Financial Corp. was founded in 1923 and is headquartered in New York, New York.
Amalgamated Financial Dividend Announcement
• Amalgamated Financial announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-08-06
• Amalgamated Financial annual dividend for 2024 was $0.34
• Amalgamated Financial annual dividend for 2023 was $0.40
• Amalgamated Financial's trailing twelve-month (TTM) dividend yield is 1.31%
• Amalgamated Financial's payout ratio for the trailing twelve months (TTM) is 13.10%
• Amalgamated Financial's dividend growth over the last five years (2018-2023) was 46.14% year
Amalgamated Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-06 | $0.12 | quarterly | 2024-08-22 |
| 2024-05-07 | $0.12 | quarterly | 2024-05-22 |
| 2024-02-05 | $0.10 | quarterly | 2024-02-23 |
| 2023-11-06 | $0.10 | quarterly | 2023-11-24 |
| 2023-08-04 | $0.10 | quarterly | 2023-08-22 |
| 2023-05-09 | $0.10 | quarterly | 2023-05-24 |
| 2023-02-03 | $0.10 | quarterly | 2023-02-20 |
| 2022-11-08 | $0.10 | quarterly | 2022-11-28 |
| 2022-08-09 | $0.10 | quarterly | 2022-08-29 |
| 2022-05-10 | $0.08 | quarterly | 2022-05-25 |
| 2022-02-14 | $0.08 | quarterly | 2022-03-01 |
| 2021-11-18 | $0.08 | quarterly | 2021-12-01 |
| 2021-08-17 | $0.08 | quarterly | 2021-09-01 |
| 2021-05-13 | $0.08 | quarterly | 2021-06-01 |
| 2021-02-18 | $0.08 | quarterly | 2021-03-05 |
| 2020-11-18 | $0.08 | quarterly | 2020-12-03 |
| 2020-08-18 | $0.08 | quarterly | 2020-09-03 |
| 2020-05-13 | $0.08 | quarterly | 2020-06-02 |
| 2020-02-20 | $0.08 | quarterly | 2020-03-06 |
| 2019-11-14 | $0.08 | quarterly | 2019-11-29 |
| 2019-08-14 | $0.06 | quarterly | 2019-08-30 |
| 2019-05-15 | $0.06 | quarterly | 2019-05-31 |
| 2019-02-14 | $0.06 | quarterly | 2019-02-26 |
| 2018-11-15 | $0.06 | quarterly | 2018-11-26 |
Amalgamated Financial Dividend per year
Amalgamated Financial Dividend growth
Amalgamated Financial Dividend Yield
Amalgamated Financial current trailing twelve-month (TTM) dividend yield is 1.31%. Interested in purchasing Amalgamated Financial stock? Use our calculator to estimate your expected dividend yield:
Amalgamated Financial Financial Ratios
P/E ratio10.37
PEG ratio-14.72
P/B ratio1.59
ROE16.54%
Payout ratio13.10%
Current ratio0.04
Quick ratio0.70
Cash Ratio0.01
Amalgamated Financial Dividend FAQ
How much is the next Amalgamated Financial dividend?
Amalgamated Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Amalgamated Financial dividend. The next Amalgamated Financial dividend will be released in February, May, August, or November.
When is Amalgamated Financial dividend paid?
Amalgamated Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Amalgamated Financial pay?
The specific amount of Amalgamated Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Amalgamated Financial's dividend history.
Does Amalgamated Financial stock pay dividends?
Yes, Amalgamated Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Amalgamated Financial's dividend history.
How much dividend does Amalgamated Financial pay?
Amalgamated Financial paid $0.34 in 2024, $0.4 in 2023, $0.36 in 2022, $0.32 in 2021, and $0.32 in 2020.
How often does Amalgamated Financial pay dividends?
Amalgamated Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Amalgamated Financial's dividend yield?
The current dividend yield for Amalgamated Financial is 1.31%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Amalgamated Financial's exact dividend yield.
When does Amalgamated Financial go ex dividend?
Amalgamated Financial's ex-dividend date for the latest dividend was on 2024-08-06. Amalgamated Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Amalgamated Financial dividend paid?
Amalgamated Financial pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Amalgamated Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Amalgamated Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Amalgamated Financial dividend per share?
Amalgamated Financial paid $0.34 per share in 2024 and $0.4 per share in 2023. The amount of dividend per share that Amalgamated Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Amalgamated Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Amalgamated Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Amalgamated Financial a dividend stock?
Yes, Amalgamated Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Amalgamated Financial a good dividend stock?
Whether Amalgamated Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Amalgamated Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Amalgamated Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Amalgamated Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Amalgamated Financial pay dividends monthly?
Amalgamated Financial typically pays dividends on a quarterly basis.
Does Amalgamated Financial pay dividends quarterly?
Amalgamated Financial currently pays dividends on a quarterly basis.
Has Amalgamated Financial ever paid a dividend?
Yes, Amalgamated Financial has a history of paying dividends to its shareholders. Amalgamated Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Amalgamated Financial dividend stocks?
To buy Amalgamated Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Amalgamated Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Amalgamated Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Amalgamated Financial pay dividends 2024?
Amalgamated Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Amalgamated Financial increase its dividend in 2024?
Decisions regarding Amalgamated Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Amalgamated Financial dividend overview you can look into the above table of dividend history.
How Amalgamated Financial dividend works?
The Amalgamated Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Amalgamated Financial's dividend process works:
1. Determination of Dividend: Amalgamated Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Amalgamated Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Amalgamated Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Amalgamated Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Amalgamated Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Amalgamated Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Amalgamated Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Amalgamated Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Amalgamated Financial dividends paid?
Amalgamated Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Amalgamated Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Amalgamated Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Amalgamated Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Amalgamated Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Amalgamated Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Amalgamated Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Amalgamated Financial pay dividends?
Amalgamated Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Amalgamated Financial pay dividends?
The general pattern is that Amalgamated Financial pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Amalgamated Financial dividend safe?
The safety of Amalgamated Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Amalgamated Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Amalgamated Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Amalgamated Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Amalgamated Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.