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The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses. It accepts retail and corporate checking, savings, term, and interest bearing and non-interest bearing deposits, as well as certificate of deposits. The company's lending portfolio includes residential mortgage lending, automobile lending, consumer financing, credit cards, overdraft facilities, commercial real estate lending, and commercial and industrial loans. It also offers investment products and services; and cash and liquidity management, foreign exchange, custody administration, and settlement services. In addition, the company provides personal and property/auto insurance products; letters of credit; and cash management, payroll, remote banking, money market, advisory, brokerage, trust, estate, company management, and fiduciary services. Further, it offers debit cards; automated teller machines; and personal and business deposit, merchant acquiring, and mobile and internet banking services. The company operates through offices in the Cayman Islands, Guernsey, Jersey, the United Kingdom, The Bahamas, Switzerland, Singapore, Mauritius, and Canada. It also operates through 3 branches in Bermuda and 4 branches in the Cayman Islands. The Bank of N.T. Butterfield & Son Limited was founded in 1858 and is headquartered in Hamilton, Bermuda.

Bank of N.T. Butterfield & Son Dividend Announcement

Bank of N.T. Butterfield & Son announced a quarterly dividend of $0.44 per ordinary share which will be made payable on 2024-08-19. Ex dividend date: 2024-08-05
Bank of N.T. Butterfield & Son annual dividend for 2024 was $1.32
Bank of N.T. Butterfield & Son annual dividend for 2023 was $1.76
Bank of N.T. Butterfield & Son's trailing twelve-month (TTM) dividend yield is 4.84%
Bank of N.T. Butterfield & Son's payout ratio for the trailing twelve months (TTM) is 40.23%
Bank of N.T. Butterfield & Son's dividend growth over the last five years (2018-2023) was 2.98% year

Bank of N.T. Butterfield & Son Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-05$0.44quarterly2024-08-19
2024-05-06$0.44quarterly2024-05-21
2024-02-23$0.44quarterly2024-03-11
2023-11-07$0.44quarterly2023-11-22
2023-08-11$0.44quarterly2023-08-28
2023-05-05$0.44quarterly2023-05-22
2023-02-24$0.44quarterly2023-03-14
2022-11-10$0.44quarterly2022-11-28
2022-08-05$0.44quarterly2022-08-22
2022-05-13$0.44quarterly2022-05-31
2022-02-25$0.44quarterly2022-03-14
2021-11-09$0.44quarterly2021-11-24
2021-08-09$0.44quarterly2021-08-24
2021-05-11$0.44quarterly2021-05-26
2021-02-23$0.44quarterly2021-03-10
2020-11-10$0.44quarterly2020-11-30
2020-08-04$0.44quarterly2020-08-19
2020-05-13$0.44quarterly2020-05-28
2020-02-25$0.44quarterly2020-03-11
2019-11-01$0.44quarterly2019-11-15
2019-08-02$0.44quarterly2019-08-16
2018-11-02$0.38quarterly2018-11-16
2018-08-03$0.38quarterly2018-08-17
2018-05-03$0.38quarterly2018-05-15
2018-02-23$0.38quarterly2018-03-09
2017-11-10$0.32quarterly2017-11-27
2017-08-10$0.32quarterly2017-08-28
2017-05-11$0.32quarterly2017-05-30
2017-03-09$0.32quarterly2017-03-27
2016-11-09$0.10quarterly2016-11-28

Bank of N.T. Butterfield & Son Dividend per year

Bank of N.T. Butterfield & Son Dividend growth

Bank of N.T. Butterfield & Son Dividend Yield

Bank of N.T. Butterfield & Son current trailing twelve-month (TTM) dividend yield is 4.84%. Interested in purchasing Bank of N.T. Butterfield & Son stock? Use our calculator to estimate your expected dividend yield:

Bank of N.T. Butterfield & Son Financial Ratios

P/E ratio8.16
PEG ratio0.77
P/B ratio1.68
ROE21.05%
Payout ratio40.23%
Current ratio21.71
Quick ratio21.71
Cash Ratio14.10

Bank of N.T. Butterfield & Son Dividend FAQ

How much is the next Bank of N.T. Butterfield & Son dividend?
Bank of N.T. Butterfield & Son's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bank of N.T. Butterfield & Son dividend. The next Bank of N.T. Butterfield & Son dividend will be released in February, May, August, or November.
When is Bank of N.T. Butterfield & Son dividend paid?
Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son pay?
The specific amount of Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son's dividend history.
Does Bank of N.T. Butterfield & Son stock pay dividends?
Yes, Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son's dividend history.
How much dividend does Bank of N.T. Butterfield & Son pay?
Bank of N.T. Butterfield & Son paid $1.32 in 2024, $1.76 in 2023, $1.76 in 2022, $1.76 in 2021, and $1.76 in 2020.
How often does Bank of N.T. Butterfield & Son pay dividends?
Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son's dividend yield?
The current dividend yield for Bank of N.T. Butterfield & Son is 4.84%. 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 Bank of N.T. Butterfield & Son's exact dividend yield.
When does Bank of N.T. Butterfield & Son go ex dividend?
Bank of N.T. Butterfield & Son's ex-dividend date for the latest dividend was on 2024-08-05. Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son dividend paid?
Bank of N.T. Butterfield & Son pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son dividend per share?
Bank of N.T. Butterfield & Son paid $1.32 per share in 2024 and $1.76 per share in 2023. The amount of dividend per share that Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son a dividend stock?
Yes, Bank of N.T. Butterfield & Son is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bank of N.T. Butterfield & Son a good dividend stock?
Whether Bank of N.T. Butterfield & Son is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bank of N.T. Butterfield & Son has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son pay dividends monthly?
Bank of N.T. Butterfield & Son typically pays dividends on a quarterly basis.
Does Bank of N.T. Butterfield & Son pay dividends quarterly?
Bank of N.T. Butterfield & Son currently pays dividends on a quarterly basis.
Has Bank of N.T. Butterfield & Son ever paid a dividend?
Yes, Bank of N.T. Butterfield & Son has a history of paying dividends to its shareholders. Bank of N.T. Butterfield & Son is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bank of N.T. Butterfield & Son dividend stocks?
To buy Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son pay dividends 2024?
Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son increase its dividend in 2024?
Decisions regarding Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son dividend overview you can look into the above table of dividend history.
How Bank of N.T. Butterfield & Son dividend works?
The Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son's dividend process works:

1. Determination of Dividend: Bank of N.T. Butterfield & Son'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 N.T. Butterfield & Son 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 N.T. Butterfield & Son 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 N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son dividends paid?
Bank of N.T. Butterfield & Son dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Bank of N.T. Butterfield & Son 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 N.T. Butterfield & Son 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 N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son pay dividends?
Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son pay dividends?
The general pattern is that Bank of N.T. Butterfield & Son 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 Bank of N.T. Butterfield & Son dividend safe?
The safety of Bank of N.T. Butterfield & Son'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 Bank of N.T. Butterfield & Son'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 N.T. Butterfield & Son'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.