Commencement Bancorp Inc. operates as a bank holding company for Commencement Bank that provides various banking products and services for individuals, and small and midsized businesses in western Washington. It accepts non-interest-bearing, demand, savings, NOW, money market, and time deposits, as well as certificates of deposit. The company also offers term loans, home equity loans and lines of credit, personal reserve overdraft lines; commercial real estate loans, including residential 1-4 family, multi-family, commercial, construction, and land; government guaranteed, and other loans; credit and debit cards; and ATM services. It has four branches in Tacoma, Enumclaw, Auburn, and Olympiad Washington. The company was founded in 2006 and is headquartered in Tacoma, Washington.
Commencement Bancorp Dividend Announcement
• Commencement Bancorp announced a annually dividend of $0.20 per ordinary share which will be made payable on 2024-05-31. Ex dividend date: 2024-05-14
• Commencement Bancorp annual dividend for 2024 was $0.20
• Commencement Bancorp's trailing twelve-month (TTM) dividend yield is 1.63%
Commencement Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-14 | $0.20 | annually | 2024-05-31 |
Commencement Bancorp Dividend per year
Commencement Bancorp Dividend Yield
Commencement Bancorp current trailing twelve-month (TTM) dividend yield is 1.63%. Interested in purchasing Commencement Bancorp stock? Use our calculator to estimate your expected dividend yield:
Commencement Bancorp Financial Ratios
Commencement Bancorp Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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