company-logo

Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States. Its deposit products include demand checking, NOW, money market, and savings accounts. The company's loan portfolio primarily comprises first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; loans and leases used to finance equipment for small businesses; financing for construction and development projects; and home equity and other consumer loans. It also provides term loans, letters of credit, foreign exchange, cash management, investment advisory, and online and mobile banking services, as well as invests in debt and equity securities. As of December 31, 2021, the company operated 50 full-service banking offices in greater Boston, Massachusetts, and greater Providence, Rhode Island. Brookline Bancorp, Inc. was founded in 1871 and is headquartered in Boston, Massachusetts.

Brookline Bancorp Dividend Announcement

Brookline Bancorp announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-11-15
Brookline Bancorp annual dividend for 2024 was $0.54
Brookline Bancorp annual dividend for 2023 was $0.54
Brookline Bancorp's trailing twelve-month (TTM) dividend yield is 4.29%
Brookline Bancorp's payout ratio for the trailing twelve months (TTM) is 64.84%
Brookline Bancorp's dividend growth over the last five years (2018-2023) was 6.45% year
Brookline Bancorp's dividend growth over the last ten years (2013-2023) was 4.73% year

Brookline Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-15$0.14quarterly2024-11-29
2024-08-16$0.14quarterly2024-08-30
2024-05-09$0.14quarterly2024-05-24
2024-02-08$0.14quarterly2024-02-23
2023-11-09$0.14quarterly2023-11-24
2023-08-10$0.14quarterly2023-08-25
2023-05-11$0.14quarterly2023-05-26
2023-02-09$0.14quarterly2023-02-24
2022-11-09$0.14quarterly2022-11-25
2022-08-11$0.13quarterly2022-08-26
2022-05-12$0.13quarterly2022-05-27
2022-02-10$0.12quarterly2022-02-25
2021-11-10$0.12quarterly2021-11-26
2021-08-12$0.12quarterly2021-08-27
2021-05-13$0.12quarterly2021-05-28
2021-02-11$0.12quarterly2021-02-26
2020-11-12$0.12quarterly2020-11-27
2020-08-06$0.12quarterly2020-08-21
2020-05-14$0.12quarterly2020-05-29
2020-02-13$0.12quarterly2020-02-28
2019-11-07$0.12quarterly2019-11-22
2019-08-08$0.11quarterly2019-08-23
2019-05-09$0.11quarterly2019-05-24
2019-02-08$0.10quarterly2019-02-25
2018-11-08$0.10quarterly2018-11-23
2018-08-09$0.10quarterly2018-08-24
2018-05-10$0.10quarterly2018-05-25
2018-02-15$0.09quarterly2018-03-02
2017-11-02$0.09quarterly2017-11-17
2017-08-09$0.09quarterly2017-08-25
2017-05-10$0.09quarterly2017-05-26
2017-02-08$0.09quarterly2017-02-24
2016-11-02$0.09quarterly2016-11-18
2016-08-03$0.09quarterly2016-08-19
2016-05-04$0.09quarterly2016-05-20
2016-02-10$0.09quarterly2016-02-26
2015-11-04$0.09quarterly2015-11-20
2015-08-05$0.09quarterly2015-08-21
2015-05-06$0.09quarterly2015-05-22
2015-02-11$0.09quarterly2015-02-27
2014-11-12$0.09quarterly2014-11-28
2014-08-13$0.09quarterly2014-08-29
2014-05-07$0.09quarterly2014-05-23
2014-02-12$0.09quarterly2014-02-28
2013-11-06$0.09quarterly2013-11-22
2013-08-07$0.09quarterly2013-08-24
2013-05-08$0.09quarterly2013-05-24
2013-02-11$0.09quarterly2013-02-27

Brookline Bancorp Dividend per year

Brookline Bancorp Dividend growth

Brookline Bancorp Dividend Yield

Brookline Bancorp current trailing twelve-month (TTM) dividend yield is 4.29%. Interested in purchasing Brookline Bancorp stock? Use our calculator to estimate your expected dividend yield:

Brookline Bancorp Financial Ratios

P/E ratio15.12
PEG ratio3.93
P/B ratio0.91
ROE6.14%
Payout ratio64.84%
Current ratio0.09
Quick ratio0.09
Cash Ratio0.02

Brookline Bancorp Dividend FAQ

How much is the next Brookline Bancorp dividend?
Brookline Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Brookline Bancorp dividend. The next Brookline Bancorp dividend will be released in February, May, August, or November.
When is Brookline Bancorp dividend paid?
Brookline Bancorp 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 Brookline Bancorp pay?
The specific amount of Brookline Bancorp 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 Brookline Bancorp's dividend history.
Does Brookline Bancorp stock pay dividends?
Yes, Brookline Bancorp 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 Brookline Bancorp's dividend history.
How much dividend does Brookline Bancorp pay?
Brookline Bancorp paid $0.54 in 2024, $0.54 in 2023, $0.52 in 2022, $0.48 in 2021, and $0.46 in 2020.
How often does Brookline Bancorp pay dividends?
Brookline Bancorp 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 Brookline Bancorp's dividend yield?
The current dividend yield for Brookline Bancorp is 4.29%. 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 Brookline Bancorp's exact dividend yield.
When does Brookline Bancorp go ex dividend?
Brookline Bancorp's ex-dividend date for the latest dividend was on 2024-11-15. Brookline Bancorp 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 Brookline Bancorp dividend paid?
Brookline Bancorp pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Brookline Bancorp 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 Brookline Bancorp 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 Brookline Bancorp dividend per share?
Brookline Bancorp paid $0.54 per share in 2024 and $0.54 per share in 2023. The amount of dividend per share that Brookline Bancorp 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 Brookline Bancorp 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 Brookline Bancorp 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 Brookline Bancorp a dividend stock?
Yes, Brookline Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Brookline Bancorp a good dividend stock?
Whether Brookline Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Brookline Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Brookline 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.
Does Brookline Bancorp pay dividends monthly?
Brookline Bancorp typically pays dividends on a quarterly basis.
Does Brookline Bancorp pay dividends quarterly?
Brookline Bancorp currently pays dividends on a quarterly basis.
Has Brookline Bancorp ever paid a dividend?
Yes, Brookline Bancorp has a history of paying dividends to its shareholders. Brookline Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Brookline Bancorp dividend stocks?
To buy Brookline Bancorp 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 Brookline 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.
When does Brookline Bancorp pay dividends 2024?
Brookline Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-29. 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 Brookline Bancorp increase its dividend in 2024?
Decisions regarding Brookline Bancorp 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 Brookline Bancorp dividend overview you can look into the above table of dividend history.
How Brookline Bancorp dividend works?
The Brookline Bancorp 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 Brookline Bancorp's dividend process works:

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

1. Record Date: Brookline 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, Brookline 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: Brookline 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.
How many times does Brookline Bancorp pay dividends?
Brookline Bancorp 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 Brookline Bancorp pay dividends?
The general pattern is that Brookline Bancorp 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 Brookline Bancorp dividend safe?
The safety of Brookline Bancorp'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 Brookline 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 Brookline 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.