Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, professionals, not-for-profit organizations, and individuals in California, the United States. It offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry and insured cash sweep services. The company also provides commercial real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit. In addition, it offers merchant and payroll, and cash management services; credit cards; fraud detection tools; and mobile deposit, remote deposit capture, automated clearing house, wire transfer, and image lockbox services. Further, the company provides wealth management and trust services comprising customized investment portfolio management, financial planning, trust administration, estate settlement, and custody services, as well as 401(k) plan services; and automated teller machines, and telephone and digital banking services. It operates through 12 branch offices in Marin, southern Sonoma counties, and north of San Francisco, California; and a loan production office in San Francisco. The company was incorporated in 1989 and is headquartered in Novato, California.
Bank of Marin Bancorp Dividend Announcement
• Bank of Marin Bancorp announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-07
• Bank of Marin Bancorp annual dividend for 2024 was $1.00
• Bank of Marin Bancorp annual dividend for 2023 was $1.00
• Bank of Marin Bancorp's trailing twelve-month (TTM) dividend yield is 4.08%
• Bank of Marin Bancorp's payout ratio for the trailing twelve months (TTM) is -117.49%
• Bank of Marin Bancorp's dividend growth over the last five years (2018-2023) was -4.67% year
• Bank of Marin Bancorp's dividend growth over the last ten years (2013-2023) was 3.20% year
Bank of Marin Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | $0.25 | quarterly | 2024-11-14 |
2024-08-08 | $0.25 | quarterly | 2024-08-15 |
2024-05-08 | $0.25 | quarterly | 2024-05-16 |
2024-02-07 | $0.25 | quarterly | 2024-02-15 |
2023-11-02 | $0.25 | quarterly | 2023-11-10 |
2023-08-03 | $0.25 | quarterly | 2023-08-11 |
2023-05-04 | $0.25 | quarterly | 2023-05-12 |
2023-02-02 | $0.25 | quarterly | 2023-02-10 |
2022-11-04 | $0.25 | quarterly | 2022-11-14 |
2022-08-04 | $0.25 | quarterly | 2022-08-12 |
2022-05-05 | $0.24 | quarterly | 2022-05-13 |
2022-02-03 | $0.24 | quarterly | 2022-02-11 |
2021-11-04 | $0.24 | quarterly | 2021-11-12 |
2021-07-29 | $0.24 | quarterly | 2021-08-06 |
2021-04-29 | $0.23 | quarterly | 2021-05-07 |
2021-02-04 | $0.23 | quarterly | 2021-02-12 |
2020-11-05 | $0.23 | quarterly | 2020-11-13 |
2020-07-30 | $0.23 | quarterly | 2020-08-07 |
2020-04-30 | $0.23 | quarterly | 2020-05-08 |
2020-02-06 | $0.23 | quarterly | 2020-02-14 |
2019-10-31 | $0.21 | quarterly | 2019-11-08 |
2019-08-01 | $0.21 | quarterly | 2019-08-09 |
2019-05-02 | $0.19 | quarterly | 2019-05-10 |
2019-02-07 | $0.19 | quarterly | 2019-02-15 |
2018-10-31 | $0.35 | quarterly | 2018-11-08 |
2018-08-02 | $0.32 | quarterly | 2018-08-10 |
2018-05-03 | $0.31 | quarterly | 2018-05-11 |
2018-02-01 | $0.29 | quarterly | 2018-02-09 |
2017-11-02 | $0.29 | quarterly | 2017-11-10 |
2017-08-02 | $0.29 | quarterly | 2017-08-11 |
2017-05-03 | $0.27 | quarterly | 2017-05-12 |
2017-02-01 | $0.27 | quarterly | 2017-02-10 |
2016-11-02 | $0.27 | quarterly | 2016-11-14 |
2016-08-03 | $0.25 | quarterly | 2016-08-12 |
2016-05-04 | $0.25 | quarterly | 2016-05-13 |
2016-02-03 | $0.25 | quarterly | 2016-02-12 |
2015-10-28 | $0.24 | quarterly | 2015-11-06 |
2015-07-29 | $0.22 | quarterly | 2015-08-07 |
2015-04-29 | $0.22 | quarterly | 2015-05-08 |
2015-02-04 | $0.22 | quarterly | 2015-02-13 |
2014-10-29 | $0.22 | quarterly | 2014-11-07 |
2014-07-30 | $0.20 | quarterly | 2014-08-08 |
2014-04-30 | $0.19 | quarterly | 2014-05-09 |
2014-02-05 | $0.19 | quarterly | 2014-02-14 |
2013-10-30 | $0.19 | quarterly | 2013-11-08 |
2013-07-30 | $0.18 | quarterly | 2013-08-09 |
2013-04-29 | $0.18 | quarterly | 2013-05-10 |
2013-01-30 | $0.18 | quarterly | 2013-02-15 |
Bank of Marin Bancorp Dividend per year
Bank of Marin Bancorp Dividend growth
Bank of Marin Bancorp Dividend Yield
Bank of Marin Bancorp current trailing twelve-month (TTM) dividend yield is 4.08%. Interested in purchasing Bank of Marin Bancorp stock? Use our calculator to estimate your expected dividend yield:
Bank of Marin Bancorp Financial Ratios
Bank of Marin Bancorp Dividend FAQ
Other factors to consider when evaluating Bank of Marin 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.
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1. Determination of Dividend: Bank of Marin 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, Bank of Marin 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, Bank of Marin 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 Bank of Marin 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: Bank of Marin 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, Bank of Marin 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: Bank of Marin 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 Bank of Marin 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 Bank of Marin 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.