Amerant Bancorp Inc. operates as the bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and internationally. The company offers checking, savings, and money market accounts; and certificates of deposits. It also provides variable and fixed rate commercial real estate loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; loans to financial institutions and acceptances; and consumer loans and overdrafts, such as automobile, personal, or loans secured by cash or securities and revolving credit card agreements. In addition, the company offers trust and estate planning products and services to high-net-worth customers, brokerage and investment advisory services in global capital markets, and wealth management and fiduciary services. Further, it provides debit and credit cards, night depositories, direct deposits, cashier's checks, safe deposit boxes, letters of credit, and treasury management services, including wire transfer, remote deposit capture, and automated clearinghouse services; derivative instruments; and online and mobile banking, account balances, statements and other documents, online transfers and bill payment, and electronic delivery of customer statements services, as well as automated teller machines, and banking by mobile devices, telephone, and mail. As of December 31, 2021, the company operated 24 banking centers comprising 17 in Florida and 7 in Texas. It also operates loan production offices in Tampa, Florida. The company was formerly known as Mercantil Bank Holding Corporation and changed its name to Amerant Bancorp Inc. in June 2019. Amerant Bancorp Inc. was founded in 1979 and is headquartered in Coral Gables, Florida.
Amerant Bancorp Dividend Announcement
• Amerant Bancorp announced a quarterly dividend of $0.09 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-14
• Amerant Bancorp annual dividend for 2024 was $0.36
• Amerant Bancorp annual dividend for 2023 was $0.36
• Amerant Bancorp's trailing twelve-month (TTM) dividend yield is 1.73%
• Amerant Bancorp's payout ratio for the trailing twelve months (TTM) is -18.17%
Amerant Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | $0.09 | quarterly | 2024-11-29 |
2024-08-15 | $0.09 | quarterly | 2024-08-30 |
2024-05-14 | $0.09 | quarterly | 2024-05-30 |
2024-02-13 | $0.09 | quarterly | 2024-02-29 |
2023-11-13 | $0.09 | quarterly | 2023-11-30 |
2023-08-14 | $0.09 | quarterly | 2023-08-31 |
2023-05-12 | $0.09 | quarterly | 2023-05-31 |
2023-02-10 | $0.09 | quarterly | 2023-02-28 |
2022-11-14 | $0.09 | quarterly | 2022-11-30 |
2022-08-16 | $0.09 | quarterly | 2022-08-31 |
2022-05-12 | $0.09 | quarterly | 2022-05-31 |
2022-02-10 | $0.09 | quarterly | 2022-02-28 |
2021-12-21 | $0.06 | quarterly | 2022-01-15 |
Amerant Bancorp Dividend per year
Amerant Bancorp Dividend growth
Amerant Bancorp Dividend Yield
Amerant Bancorp current trailing twelve-month (TTM) dividend yield is 1.73%. Interested in purchasing Amerant Bancorp stock? Use our calculator to estimate your expected dividend yield:
Amerant Bancorp Financial Ratios
Amerant Bancorp Dividend FAQ
Other factors to consider when evaluating Amerant Bancorp 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.
Place an order: Use the brokerage's trading platform to place an order to buy Amerant Bancorp 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.
1. Determination of Dividend: Amerant Bancorp'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, Amerant Bancorp 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, Amerant Bancorp 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 Amerant Bancorp 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. Record Date: Amerant Bancorp 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, Amerant Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Amerant Bancorp 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.
To assess the safety of Amerant Bancorp'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 Amerant Bancorp'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.