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Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, notice, cash management, US dollar, and chequing accounts, as well as organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; agriculture lending products; mortgages; lines of credits; registered retirement savings loans; consolidation, and vehicle loans; and credit cards. In addition, the company offers cash management services; life and disability insurance products; and ATM, mobile, and online banking services, as well cheque order services. Further, it provides investment products comprising guaranteed investment certificates, US dollars investments plans, registered retirement income funds, tax-free savings accounts, registered education savings plans, and mutual funds, as well as personal and business planning services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.

Canadian Western Bank Dividend Announcement

Canadian Western Bank announced a quarterly dividend of $0.26 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-12
Canadian Western Bank annual dividend for 2024 was $0.76
Canadian Western Bank annual dividend for 2023 was $0.98
Canadian Western Bank's trailing twelve-month (TTM) dividend yield is 3.12%
Canadian Western Bank's payout ratio for the trailing twelve months (TTM) is 49.07%
Canadian Western Bank's dividend growth over the last five years (2018-2023) was 10.78% year
Canadian Western Bank's dividend growth over the last ten years (2013-2023) was 18.50% year

Canadian Western Bank Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-12$0.26quarterly2024-09-26
2024-06-06$0.26quarterly2024-06-20
2024-03-06$0.25quarterly
2023-12-20$0.26quarterly2024-01-04
2023-09-13$0.24quarterly2023-09-28
2023-06-07$0.25quarterly2023-06-22
2023-03-08$0.23quarterly2023-03-23
2022-12-14$0.24quarterly2023-01-05
2022-09-07$0.24quarterly2022-09-22
2022-06-08$0.25quarterly2022-06-23
2022-03-09$0.23quarterly2022-03-24
2021-12-15$0.23quarterly2022-01-06
2021-09-08$0.23quarterly2021-09-23
2021-06-09$0.24quarterly2021-06-24
2021-03-10$0.23quarterly2021-03-25
2020-12-16$0.23quarterly2021-01-07
2020-09-09$0.22quarterly2020-09-24
2020-06-10$0.22quarterly2020-06-25
2020-03-11$0.21quarterly2020-03-26
2019-12-16$0.21quarterly2020-01-07
2019-09-12$0.21quarterly2019-09-27
2019-06-12$0.20quarterly2019-06-27
2018-09-13$0.20quarterly2018-09-28
2018-06-14$0.19quarterly2018-06-28
2018-03-15$0.19quarterly2018-03-30
2017-12-14$0.19quarterly2018-01-04
2017-09-14$0.20quarterly2017-09-29
2017-06-14$0.17quarterly2017-06-30
2017-03-15$0.17quarterly2017-03-31
2016-12-13$0.17quarterly
2016-09-13$0.18quarterly
2016-06-16$0.18quarterly
2016-03-15$0.17quarterly
2015-12-11$0.17quarterly
2015-09-10$0.17quarterly
2015-06-11$0.18quarterly
2015-03-12$0.17quarterly
2014-12-12$0.18quarterly
2014-09-11$0.18quarterly
2014-06-12$0.18quarterly
2014-03-13$0.17quarterly
2013-12-13$0.18quarterly

Canadian Western Bank Dividend per year

Canadian Western Bank Dividend growth

Canadian Western Bank Dividend Yield

Canadian Western Bank current trailing twelve-month (TTM) dividend yield is 3.12%. Interested in purchasing Canadian Western Bank stock? Use our calculator to estimate your expected dividend yield:

Canadian Western Bank Financial Ratios

P/E ratio17.69
PEG ratio3.88
P/B ratio1.28
ROE7.45%
Payout ratio49.07%
Current ratio0.76
Quick ratio0.77
Cash Ratio0.01

Canadian Western Bank Dividend FAQ

How much is the next Canadian Western Bank dividend?
Canadian Western Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Canadian Western Bank dividend. The next Canadian Western Bank dividend will be released in March, June, September, or December.
When is Canadian Western Bank dividend paid?
Canadian Western Bank pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. 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 Canadian Western Bank pay?
The specific amount of Canadian Western Bank 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 Canadian Western Bank's dividend history.
Does Canadian Western Bank stock pay dividends?
Yes, Canadian Western Bank 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 Canadian Western Bank's dividend history.
How much dividend does Canadian Western Bank pay?
Canadian Western Bank paid $0.764 in 2024, $0.977 in 2023, $0.952 in 2022, $0.93 in 2021, and $0.874 in 2020.
How often does Canadian Western Bank pay dividends?
Canadian Western Bank 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 March, June, September, and December.
What is Canadian Western Bank's dividend yield?
The current dividend yield for Canadian Western Bank is 3.12%. 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 Canadian Western Bank's exact dividend yield.
When does Canadian Western Bank go ex dividend?
Canadian Western Bank's ex-dividend date for the latest dividend was on 2024-09-12. Canadian Western Bank 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 Canadian Western Bank dividend paid?
Canadian Western Bank pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Canadian Western Bank 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 Canadian Western Bank 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 Canadian Western Bank dividend per share?
Canadian Western Bank paid $0.764 per share in 2024 and $0.977 per share in 2023. The amount of dividend per share that Canadian Western Bank 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 Canadian Western Bank 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 Canadian Western Bank 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 Canadian Western Bank a dividend stock?
Yes, Canadian Western Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Canadian Western Bank a good dividend stock?
Whether Canadian Western Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Canadian Western Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Canadian Western Bank 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 Canadian Western Bank pay dividends monthly?
Canadian Western Bank typically pays dividends on a quarterly basis.
Does Canadian Western Bank pay dividends quarterly?
Canadian Western Bank currently pays dividends on a quarterly basis.
Has Canadian Western Bank ever paid a dividend?
Yes, Canadian Western Bank has a history of paying dividends to its shareholders. Canadian Western Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Canadian Western Bank dividend stocks?
To buy Canadian Western Bank 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 Canadian Western Bank 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 Canadian Western Bank pay dividends 2024?
Canadian Western Bank pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-26. 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 Canadian Western Bank increase its dividend in 2024?
Decisions regarding Canadian Western Bank 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 Canadian Western Bank dividend overview you can look into the above table of dividend history.
How Canadian Western Bank dividend works?
The Canadian Western Bank 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 Canadian Western Bank's dividend process works:

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

1. Record Date: Canadian Western Bank 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, Canadian Western Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Canadian Western Bank 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 Canadian Western Bank pay dividends?
Canadian Western Bank 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 Canadian Western Bank pay dividends?
The general pattern is that Canadian Western Bank pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Canadian Western Bank dividend safe?
The safety of Canadian Western Bank'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 Canadian Western Bank'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 Canadian Western Bank'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.