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Bankwell Financial Group, Inc. operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It offers various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also provides first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans secured by commercial real estate, multi-family dwellings, and investor-owned one-to-four family dwellings; commercial construction loans for commercial development projects, including apartment buildings and condominiums, as well as office buildings, retail, and other income producing properties; land loans; commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners; loans secured by savings or certificate accounts and automobiles; and unsecured personal loans and overdraft lines of credit. It operates branches in New Canaan, Stamford, Fairfield, Wilton, Westport, Darien, Norwalk, and Hamden, Connecticut. The company was formerly known as BNC Financial Group, Inc. and changed its name to Bankwell Financial Group, Inc. in September 2013. Bankwell Financial Group, Inc. was founded in 2002 and is headquartered in New Canaan, Connecticut.

Bankwell Financial Dividend Announcement

Bankwell Financial announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-12
Bankwell Financial annual dividend for 2024 was $0.60
Bankwell Financial annual dividend for 2023 was $0.80
Bankwell Financial's trailing twelve-month (TTM) dividend yield is 2.7%
Bankwell Financial's payout ratio for the trailing twelve months (TTM) is 27.07%
Bankwell Financial's dividend growth over the last five years (2018-2023) was 10.76% year

Bankwell Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-12$0.20quarterly2024-08-23
2024-05-09$0.20quarterly2024-05-21
2024-02-12$0.20quarterly2024-02-23
2023-11-09$0.20quarterly2023-11-20
2023-08-11$0.20quarterly2023-08-24
2023-05-11$0.20quarterly2023-05-23
2023-02-10$0.20quarterly2023-02-23
2022-11-09$0.20quarterly2022-11-21
2022-08-12$0.20quarterly2022-08-25
2022-05-12$0.20quarterly2022-05-23
2022-02-11$0.20quarterly2022-02-24
2021-11-10$0.18quarterly2021-11-22
2021-08-13$0.18quarterly2021-08-26
2021-05-13$0.14quarterly2021-05-24
2021-02-11$0.14quarterly2021-02-25
2020-11-12$0.14quarterly2020-11-23
2020-08-13$0.14quarterly2020-08-24
2020-05-15$0.14quarterly2020-05-28
2020-02-13$0.14quarterly2020-02-24
2019-11-14$0.13quarterly2019-11-25
2019-08-15$0.13quarterly2019-08-26
2019-05-13$0.13quarterly2019-05-24
2019-02-14$0.13quarterly2019-02-25
2018-11-15$0.12quarterly2018-11-26
2018-08-16$0.12quarterly2018-08-27
2018-05-14$0.12quarterly2018-05-25
2018-02-23$0.12quarterly2018-03-08
2017-11-16$0.07quarterly2017-11-27
2017-08-11$0.07quarterly2017-08-25
2017-05-12$0.07quarterly2017-05-26
2017-02-15$0.07quarterly2017-02-27
2016-11-16$0.07quarterly2016-11-28
2016-08-12$0.05quarterly2016-08-26
2016-05-12$0.05quarterly2016-05-26
2016-02-10$0.05quarterly2016-02-22
2015-12-09$0.05quarterly2015-12-21

Bankwell Financial Dividend per year

Bankwell Financial Dividend growth

Bankwell Financial Dividend Yield

Bankwell Financial current trailing twelve-month (TTM) dividend yield is 2.7%. Interested in purchasing Bankwell Financial stock? Use our calculator to estimate your expected dividend yield:

Bankwell Financial Financial Ratios

P/E ratio9.90
PEG ratio0.77
P/B ratio0.86
ROE8.76%
Payout ratio27.07%
Current ratio0.14
Quick ratio1.41
Cash Ratio0.12

Bankwell Financial Dividend FAQ

How much is the next Bankwell Financial dividend?
Bankwell 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 Bankwell Financial dividend. The next Bankwell Financial dividend will be released in February, May, August, or November.
When is Bankwell Financial dividend paid?
Bankwell 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 Bankwell Financial pay?
The specific amount of Bankwell 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 Bankwell Financial's dividend history.
Does Bankwell Financial stock pay dividends?
Yes, Bankwell 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 Bankwell Financial's dividend history.
How much dividend does Bankwell Financial pay?
Bankwell Financial paid $0.6 in 2024, $0.8 in 2023, $0.8 in 2022, $0.64 in 2021, and $0.56 in 2020.
How often does Bankwell Financial pay dividends?
Bankwell 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 Bankwell Financial's dividend yield?
The current dividend yield for Bankwell Financial is 2.7%. 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 Bankwell Financial's exact dividend yield.
When does Bankwell Financial go ex dividend?
Bankwell Financial's ex-dividend date for the latest dividend was on 2024-08-12. Bankwell 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 Bankwell Financial dividend paid?
Bankwell Financial pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Bankwell 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 Bankwell 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 Bankwell Financial dividend per share?
Bankwell Financial paid $0.6 per share in 2024 and $0.8 per share in 2023. The amount of dividend per share that Bankwell 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 Bankwell 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 Bankwell 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 Bankwell Financial a dividend stock?
Yes, Bankwell Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bankwell Financial a good dividend stock?
Whether Bankwell 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. Bankwell Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Bankwell 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 Bankwell Financial pay dividends monthly?
Bankwell Financial typically pays dividends on a quarterly basis.
Does Bankwell Financial pay dividends quarterly?
Bankwell Financial currently pays dividends on a quarterly basis.
Has Bankwell Financial ever paid a dividend?
Yes, Bankwell Financial has a history of paying dividends to its shareholders. Bankwell Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bankwell Financial dividend stocks?
To buy Bankwell 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 Bankwell 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 Bankwell Financial pay dividends 2024?
Bankwell Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-23. 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 Bankwell Financial increase its dividend in 2024?
Decisions regarding Bankwell 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 Bankwell Financial dividend overview you can look into the above table of dividend history.
How Bankwell Financial dividend works?
The Bankwell 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 Bankwell Financial's dividend process works:

1. Determination of Dividend: Bankwell 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, Bankwell 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, Bankwell 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 Bankwell 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 Bankwell Financial dividends paid?
Bankwell Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Bankwell 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, Bankwell 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: Bankwell 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 Bankwell Financial pay dividends?
Bankwell 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 Bankwell Financial pay dividends?
The general pattern is that Bankwell 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 Bankwell Financial dividend safe?
The safety of Bankwell 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 Bankwell 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 Bankwell 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.