AmeriServ Financial, Inc. operates as the bank holding company for AmeriServ Financial Bank that provides various consumer, mortgage, and commercial financial products. It offers retail banking services, such as demand, savings, and time deposits; checking and money market accounts; secured and unsecured consumer loans, and mortgage loans; and safe deposit boxes, holiday club accounts, and money orders. The company also provides lending, depository, and related financial services, such as commercial real estate mortgage loans, short and medium-term loans, revolving credit arrangements, lines of credit, inventory and accounts receivable financing, real estate-construction loans, business savings accounts, certificates of deposit, wire transfers, night depository, and lock box services to commercial, industrial, financial, and governmental customers. In addition, the company offers personal trust products and services, including personal portfolio investment management, estate planning and administration, custodial services, and pre-need trusts; institutional trust products and services comprising 401(k) plans, defined benefit and defined contribution employee benefit plans, and individual retirement accounts; financial services consisting of the sale of mutual funds, annuities, and insurance products; and union collective investment funds to invest union pension dollars in construction projects that utilize union labor. Further, it engages in underwriting as reinsurer of credit life and disability insurance. The company operates through a network of 17 banking locations in Allegheny, Cambria, Centre, Somerset, and Westmoreland counties, Pennsylvania, and Washington County, Maryland; and operates 18 automated bank teller machines. AmeriServ Financial, Inc. is headquartered in Johnstown, Pennsylvania.
AmeriServ Financial Dividend Announcement
• AmeriServ Financial announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2024-08-19. Ex dividend date: 2024-08-05
• AmeriServ Financial annual dividend for 2024 was $0.09
• AmeriServ Financial annual dividend for 2023 was $0.12
• AmeriServ Financial's trailing twelve-month (TTM) dividend yield is 4.56%
• AmeriServ Financial's payout ratio for the trailing twelve months (TTM) is -65.44%
• AmeriServ Financial's dividend growth over the last five years (2018-2023) was 9.86% year
• AmeriServ Financial's dividend growth over the last ten years (2013-2023) was 14.87% year
AmeriServ Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-05 | $0.03 | quarterly | 2024-08-19 |
| 2024-05-03 | $0.03 | quarterly | 2024-05-20 |
| 2024-02-02 | $0.03 | quarterly | 2024-02-20 |
| 2023-11-03 | $0.03 | quarterly | 2023-11-20 |
| 2023-08-04 | $0.03 | quarterly | 2023-08-21 |
| 2023-05-05 | $0.03 | quarterly | 2023-05-22 |
| 2023-02-03 | $0.03 | quarterly | 2023-02-21 |
| 2022-11-04 | $0.03 | quarterly | 2022-11-21 |
| 2022-08-05 | $0.03 | quarterly | 2022-08-22 |
| 2022-05-06 | $0.03 | quarterly | 2022-05-23 |
| 2022-02-04 | $0.03 | quarterly | 2022-02-22 |
| 2021-11-05 | $0.03 | quarterly | 2021-11-22 |
| 2021-07-30 | $0.03 | quarterly | 2021-08-16 |
| 2021-04-30 | $0.03 | quarterly | 2021-05-17 |
| 2021-02-05 | $0.03 | quarterly | 2021-02-22 |
| 2020-10-30 | $0.03 | quarterly | 2020-11-16 |
| 2020-07-31 | $0.03 | quarterly | 2020-08-17 |
| 2020-05-01 | $0.03 | quarterly | 2020-05-18 |
| 2020-01-31 | $0.03 | quarterly | 2020-02-18 |
| 2019-11-01 | $0.03 | quarterly | 2019-11-18 |
| 2019-08-02 | $0.03 | quarterly | 2019-08-19 |
| 2019-05-03 | $0.03 | quarterly | 2019-05-20 |
| 2019-02-01 | $0.02 | quarterly | 2019-02-19 |
| 2018-11-02 | $0.02 | quarterly | 2018-11-19 |
| 2018-08-03 | $0.02 | quarterly | 2018-08-20 |
| 2018-05-04 | $0.02 | quarterly | 2018-05-21 |
| 2018-02-02 | $0.01 | quarterly | 2018-02-20 |
| 2017-11-03 | $0.01 | quarterly | 2017-11-20 |
| 2017-08-03 | $0.01 | quarterly | 2017-08-21 |
| 2017-05-04 | $0.01 | quarterly | 2017-05-22 |
| 2017-02-02 | $0.01 | quarterly | 2017-02-21 |
| 2016-11-03 | $0.01 | quarterly | 2016-11-21 |
| 2016-08-04 | $0.01 | quarterly | 2016-08-22 |
| 2016-05-05 | $0.01 | quarterly | 2016-05-23 |
| 2016-02-04 | $0.01 | quarterly | 2016-02-22 |
| 2015-10-29 | $0.01 | quarterly | 2015-11-16 |
| 2015-07-30 | $0.01 | quarterly | 2015-08-17 |
| 2015-04-30 | $0.01 | quarterly | 2015-05-18 |
| 2015-01-29 | $0.01 | quarterly | 2015-02-17 |
| 2014-10-30 | $0.01 | quarterly | 2014-11-17 |
| 2014-07-31 | $0.01 | quarterly | 2014-08-18 |
| 2014-05-01 | $0.01 | quarterly | 2014-05-19 |
| 2014-01-30 | $0.01 | quarterly | 2014-02-18 |
| 2013-10-31 | $0.01 | quarterly | 2013-11-18 |
| 2013-08-01 | $0.01 | quarterly | 2013-08-19 |
| 2013-05-02 | $0.01 | quarterly | 2013-05-20 |
AmeriServ Financial Dividend per year
AmeriServ Financial Dividend growth
AmeriServ Financial Dividend Yield
AmeriServ Financial current trailing twelve-month (TTM) dividend yield is 4.56%. Interested in purchasing AmeriServ Financial stock? Use our calculator to estimate your expected dividend yield:
AmeriServ Financial Financial Ratios
P/E ratio-14.24
PEG ratio-0.14
P/B ratio0.43
ROE-3.06%
Payout ratio-65.44%
Current ratio0.12
Quick ratio-0.36
Cash Ratio0.08
AmeriServ Financial Dividend FAQ
How much is the next AmeriServ Financial dividend?
AmeriServ 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 AmeriServ Financial dividend. The next AmeriServ Financial dividend will be released in February, May, August, or November.
When is AmeriServ Financial dividend paid?
AmeriServ 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 AmeriServ Financial pay?
The specific amount of AmeriServ 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 AmeriServ Financial's dividend history.
Does AmeriServ Financial stock pay dividends?
Yes, AmeriServ 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 AmeriServ Financial's dividend history.
How much dividend does AmeriServ Financial pay?
AmeriServ Financial paid $0.09 in 2024, $0.12 in 2023, $0.115 in 2022, $0.1 in 2021, and $0.1 in 2020.
How often does AmeriServ Financial pay dividends?
AmeriServ 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 AmeriServ Financial's dividend yield?
The current dividend yield for AmeriServ Financial is 4.56%. 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 AmeriServ Financial's exact dividend yield.
When does AmeriServ Financial go ex dividend?
AmeriServ Financial's ex-dividend date for the latest dividend was on 2024-08-05. AmeriServ 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 AmeriServ Financial dividend paid?
AmeriServ Financial pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will AmeriServ 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 AmeriServ 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 AmeriServ Financial dividend per share?
AmeriServ Financial paid $0.09 per share in 2024 and $0.12 per share in 2023. The amount of dividend per share that AmeriServ 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 AmeriServ 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 AmeriServ 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 AmeriServ Financial a dividend stock?
Yes, AmeriServ Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is AmeriServ Financial a good dividend stock?
Whether AmeriServ 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. AmeriServ Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating AmeriServ 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 AmeriServ 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 AmeriServ Financial pay dividends monthly?
AmeriServ Financial typically pays dividends on a quarterly basis.
Does AmeriServ Financial pay dividends quarterly?
AmeriServ Financial currently pays dividends on a quarterly basis.
Has AmeriServ Financial ever paid a dividend?
Yes, AmeriServ Financial has a history of paying dividends to its shareholders. AmeriServ Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy AmeriServ Financial dividend stocks?
To buy AmeriServ 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 AmeriServ 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 AmeriServ 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 AmeriServ Financial pay dividends 2024?
AmeriServ Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-19. 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 AmeriServ Financial increase its dividend in 2024?
Decisions regarding AmeriServ 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 AmeriServ Financial dividend overview you can look into the above table of dividend history.
How AmeriServ Financial dividend works?
The AmeriServ 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 AmeriServ Financial's dividend process works:
1. Determination of Dividend: AmeriServ 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, AmeriServ 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, AmeriServ 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 AmeriServ 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: AmeriServ 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, AmeriServ 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, AmeriServ 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 AmeriServ 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 AmeriServ Financial dividends paid?
AmeriServ Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: AmeriServ 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, AmeriServ 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: AmeriServ 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: AmeriServ 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, AmeriServ 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: AmeriServ 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 AmeriServ Financial pay dividends?
AmeriServ 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 AmeriServ Financial pay dividends?
The general pattern is that AmeriServ 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 AmeriServ Financial dividend safe?
The safety of AmeriServ 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 AmeriServ 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 AmeriServ 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 AmeriServ 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 AmeriServ 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.