Burke & Herbert Bank & Trust Company provides various banking products and services to individuals and businesses in the Northern Virginia. The company accepts checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. It also offers debit, credit, and gift cards; mortgage, consumer, commercial real estate, and small business loans, as well as home equity lines of credit, and commercial loans and lines of credit; and financing for medical and dental practices. In addition, the company provides safe deposit boxes; online wire, ACH, positive pay, remote deposit, merchant, lockbox, and sweep services. Further, it offers wealth management, retirement planning, estate planning and asset management, and insurance services, as well as private, online, and mobile banking services. As of March 19, 2022, the company operated through approximately 20 branches in Northern Virginia. Burke & Herbert Bank & Trust Company was founded in 1852 and is based in Alexandria, Virginia.
Burke & Herbert Bank & Trust Dividend Announcement
• Burke & Herbert Bank & Trust announced a quarterly dividend of $0.55 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-15
• Burke & Herbert Bank & Trust annual dividend for 2024 was $2.14
• Burke & Herbert Bank & Trust annual dividend for 2023 was $2.12
• Burke & Herbert Bank & Trust's trailing twelve-month (TTM) dividend yield is 3.08%
• Burke & Herbert Bank & Trust's payout ratio for the trailing twelve months (TTM) is 94.83%
• Burke & Herbert Bank & Trust's dividend growth over the last five years (2018-2023) was -51.62% year
• Burke & Herbert Bank & Trust's dividend growth over the last ten years (2013-2023) was -24.87% year
Burke & Herbert Bank & Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.55 | quarterly | 2024-12-02 |
2024-08-15 | $0.53 | quarterly | 2024-09-03 |
2024-05-14 | $0.53 | quarterly | 2024-06-03 |
2024-02-14 | $0.53 | quarterly | 2024-03-01 |
2023-11-14 | $0.53 | quarterly | 2023-12-01 |
2023-08-14 | $0.53 | quarterly | 2023-09-01 |
2023-05-12 | $0.53 | quarterly | 2023-06-01 |
2023-02-14 | $0.53 | quarterly | 2023-03-01 |
2022-11-17 | $21.20 | quarterly | 2022-12-01 |
2022-08-12 | $21.20 | quarterly | 2022-09-01 |
2022-05-13 | $21.20 | quarterly | 2022-06-01 |
2022-02-14 | $21.20 | quarterly | 2022-03-01 |
2021-11-12 | $20.00 | quarterly | 2021-12-01 |
2021-08-13 | $20.00 | quarterly | 2021-09-01 |
2021-05-13 | $20.00 | quarterly | 2021-06-01 |
2021-02-12 | $20.00 | quarterly | 2021-03-01 |
2020-11-12 | $20.00 | quarterly | 2020-12-01 |
2020-08-13 | $20.00 | quarterly | 2020-09-01 |
2020-05-14 | $20.00 | quarterly | 2020-06-01 |
2020-02-13 | $20.00 | quarterly | 2020-03-02 |
2019-11-14 | $20.00 | quarterly | 2019-12-02 |
2019-08-14 | $20.00 | quarterly | 2019-09-03 |
2019-05-14 | $20.00 | quarterly | 2019-06-03 |
2019-02-14 | $20.00 | quarterly | 2019-03-01 |
2018-11-14 | $22.00 | quarterly | 2018-12-03 |
2018-08-14 | $20.00 | quarterly | 2018-09-04 |
2018-05-14 | $19.00 | quarterly | 2018-06-01 |
2018-02-14 | $19.00 | quarterly | 2018-03-01 |
2017-11-14 | $21.00 | quarterly | 2017-12-01 |
2017-08-11 | $18.00 | quarterly | 2017-09-01 |
2017-05-11 | $18.00 | quarterly | 2017-06-01 |
2017-02-13 | $18.00 | quarterly | 2017-03-01 |
2016-11-10 | $21.50 | quarterly | |
2016-08-11 | $17.50 | quarterly | |
2016-05-12 | $17.50 | quarterly | |
2016-02-11 | $17.50 | quarterly | |
2015-11-10 | $20.00 | quarterly | |
2015-08-12 | $19.00 | quarterly | |
2015-05-13 | $18.00 | quarterly | |
2015-02-11 | $17.00 | quarterly | |
2014-11-12 | $20.00 | quarterly | |
2014-08-13 | $19.00 | quarterly | |
2014-05-14 | $18.00 | quarterly | |
2014-02-12 | $17.00 | quarterly | |
2013-08-13 | $19.00 | quarterly | |
2013-05-13 | $18.00 | quarterly |
Burke & Herbert Bank & Trust Dividend per year
Burke & Herbert Bank & Trust Dividend growth
Burke & Herbert Bank & Trust Dividend Yield
Burke & Herbert Bank & Trust current trailing twelve-month (TTM) dividend yield is 3.08%. Interested in purchasing Burke & Herbert Bank & Trust stock? Use our calculator to estimate your expected dividend yield:
Burke & Herbert Bank & Trust Financial Ratios
Burke & Herbert Bank & Trust Dividend FAQ
Other factors to consider when evaluating Burke & Herbert Bank & Trust 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: Burke & Herbert Bank & Trust'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, Burke & Herbert Bank & Trust 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, Burke & Herbert Bank & Trust 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 Burke & Herbert Bank & Trust 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: Burke & Herbert Bank & Trust 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, Burke & Herbert Bank & Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Burke & Herbert Bank & Trust 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 Burke & Herbert Bank & Trust'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 Burke & Herbert Bank & Trust'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.