Cashmere Valley Bank, a state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers. It offers checking and savings accounts; personal, auto, boat, RV, and home equity loans, as well as mortgages; business loans comprising commercial real estate loans, commercial loans, operating lines of credit, and small business administration loans; equipment financing; credit cards; and wealth management, merchant, and treasury services. The company also provides banking and financing solutions for local municipalities, including banking services, privately-placed bonds and notes, municipal credit cards, and interim-financings in connection with rural development projects. In addition, it offers brokers personal and commercial lines of insurance, such as property, casualty, life, and health insurance products; and telephone, mobile, and online banking services, as well as bill payment services. The company serves customers through a network of 11 branches in North Central Washington. Cashmere Valley Bank was incorporated in 1932 and is based in Cashmere, Washington.
Cashmere Valley Bank Dividend Announcement
• Cashmere Valley Bank announced a semi annually dividend of $0.85 per ordinary share which will be made payable on 2024-08-05. Ex dividend date: 2024-07-26
• Cashmere Valley Bank annual dividend for 2024 was $1.70
• Cashmere Valley Bank annual dividend for 2023 was $1.70
• Cashmere Valley Bank's trailing twelve-month (TTM) dividend yield is 3.01%
• Cashmere Valley Bank's dividend growth over the last five years (2018-2023) was -8.84% year
• Cashmere Valley Bank's dividend growth over the last ten years (2013-2023) was 16.16% year
Cashmere Valley Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | $0.85 | semi annually | 2024-08-05 |
2024-01-25 | $0.85 | semi annually | 2024-02-05 |
2023-07-27 | $0.85 | semi annually | 2023-08-07 |
2023-02-02 | $0.85 | semi annually | 2023-02-13 |
2022-07-28 | $0.85 | semi annually | 2022-08-08 |
2022-01-27 | $0.85 | semi annually | 2022-02-07 |
2021-07-29 | $0.80 | semi annually | 2021-08-09 |
2021-01-28 | $0.75 | semi annually | 2021-02-08 |
2020-07-30 | $0.70 | semi annually | 2020-08-10 |
2020-02-27 | $2.00 | semi annually | 2020-03-09 |
2020-01-30 | $0.70 | semi annually | 2020-02-10 |
2019-08-01 | $0.65 | semi annually | 2019-08-12 |
2019-01-31 | $0.65 | semi annually | 2019-02-11 |
2018-07-26 | $0.60 | semi annually | 2018-08-06 |
2018-03-01 | $1.50 | semi annually | 2018-03-12 |
2018-01-25 | $0.60 | semi annually | 2018-02-05 |
2017-07-26 | $0.55 | semi annually | 2017-08-07 |
2017-01-25 | $0.53 | semi annually | 2017-02-06 |
2016-07-27 | $0.50 | semi annually | |
2016-01-27 | $0.48 | semi annually | |
2015-08-03 | $0.45 | semi annually | |
2015-01-28 | $0.45 | semi annually | |
2014-07-30 | $0.40 | semi annually | |
2014-01-29 | $0.39 | semi annually | |
2013-07-24 | $0.38 | semi annually |
Cashmere Valley Bank Dividend per year
Cashmere Valley Bank Dividend growth
Cashmere Valley Bank Dividend Yield
Cashmere Valley Bank current trailing twelve-month (TTM) dividend yield is 3.01%. Interested in purchasing Cashmere Valley Bank stock? Use our calculator to estimate your expected dividend yield:
Cashmere Valley Bank Financial Ratios
Cashmere Valley Bank Dividend FAQ
Other factors to consider when evaluating Cashmere Valley 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.
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1. Determination of Dividend: Cashmere Valley 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, Cashmere Valley 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, Cashmere Valley 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 Cashmere Valley 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.
1. Record Date: Cashmere Valley 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, Cashmere Valley 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: Cashmere Valley 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.
To assess the safety of Cashmere Valley 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 Cashmere Valley 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.