Citizens Community Bancorp, Inc. operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. The company accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit. It also offers various loan products comprising commercial real estate, commercial and industrial, agricultural real estate, agricultural operating, and consumer loans; and one-to-four family residential mortgages and home equity lines-of-credit. In addition, the company provides a portfolio of investments, such as mortgage-backed, corporate asset-backed, U.S. Government sponsored agency, corporate debt, and trust preferred securities. It operates through a network of 25 full-service branch in Wisconsin and Minnesota. Citizens Community Bancorp, Inc. was founded in 1938 and is based in Eau Claire, Wisconsin.
Citizens Community Bancorp Dividend Announcement
• Citizens Community Bancorp announced a annually dividend of $0.32 per ordinary share which will be made payable on 2024-02-23. Ex dividend date: 2024-02-08
• Citizens Community Bancorp annual dividend for 2024 was $0.32
• Citizens Community Bancorp annual dividend for 2023 was $0.29
• Citizens Community Bancorp's trailing twelve-month (TTM) dividend yield is 2.28%
• Citizens Community Bancorp's payout ratio for the trailing twelve months (TTM) is 43.32%
• Citizens Community Bancorp's dividend growth over the last five years (2018-2023) was 7.71% year
• Citizens Community Bancorp's dividend growth over the last ten years (2013-2023) was 30.66% year
Citizens Community Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-02-08 | $0.32 | annually | 2024-02-23 |
2023-02-02 | $0.29 | annually | 2023-02-17 |
2022-02-11 | $0.26 | annually | 2022-02-28 |
2021-02-10 | $0.23 | annually | 2021-02-25 |
2020-02-04 | $0.21 | annually | 2020-02-19 |
2019-02-07 | $0.20 | annually | 2019-03-08 |
2018-02-08 | $0.20 | annually | 2018-03-08 |
2017-03-07 | $0.16 | annually | 2017-03-23 |
2016-03-09 | $0.12 | annually | 2016-03-25 |
2015-03-11 | $0.08 | annually | 2015-03-27 |
2014-03-11 | $0.04 | annually | 2014-03-27 |
2013-04-02 | $0.02 | annually | 2013-04-18 |
Citizens Community Bancorp Dividend per year
Citizens Community Bancorp Dividend growth
Citizens Community Bancorp Dividend Yield
Citizens Community Bancorp current trailing twelve-month (TTM) dividend yield is 2.28%. Interested in purchasing Citizens Community Bancorp stock? Use our calculator to estimate your expected dividend yield:
Citizens Community Bancorp Financial Ratios
Citizens Community Bancorp Dividend FAQ
Other factors to consider when evaluating Citizens Community 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.
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1. Determination of Dividend: Citizens Community 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, Citizens Community 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, Citizens Community 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 Citizens Community 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.
1. Record Date: Citizens Community 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, Citizens Community 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: Citizens Community 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.
To assess the safety of Citizens Community 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 Citizens Community 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.