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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 1.82%

Commencement Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-14$0.20annually2024-05-31

Commencement Bancorp Dividend per year

Commencement Bancorp Dividend Yield

Commencement Bancorp current trailing twelve-month (TTM) dividend yield is 1.82%. Interested in purchasing Commencement Bancorp stock? Use our calculator to estimate your expected dividend yield:

Commencement Bancorp Financial Ratios

P/E ratio13.68
PEG ratio0.84
P/B ratio0.87
ROE6.36%
Payout ratio0.00%
Current ratio0.07
Quick ratio0.03
Cash Ratio0.06

Commencement Bancorp Dividend FAQ

Does Commencement Bancorp stock pay dividends?
Commencement Bancorp does not currently pay dividends to its shareholders.
Has Commencement Bancorp ever paid a dividend?
No, Commencement Bancorp has no a history of paying dividends to its shareholders. Commencement Bancorp is not known for its dividend payments.
Why doesn't Commencement Bancorp pay dividends?
There are several potential reasons why Commencement Bancorp would choose not to pay dividends to their shareholders:

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.
Will Commencement Bancorp ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Commencement Bancorp has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Commencement Bancorp a dividend aristocrat?
Commencement Bancorp is not considered a Dividend Aristocrat. 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 Commencement Bancorp a dividend king?
Commencement Bancorp is not classified as a "Dividend King". 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 Commencement Bancorp a dividend stock?
No, Commencement Bancorp is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Commencement Bancorp stocks?
To buy Commencement Bancorp 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Commencement Bancorp 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.