Embassy Bancorp, Inc. operates as the bank holding company for the Embassy Bank for the Lehigh Valley that provides traditional banking and related financial services to individual, business, and government customers in Pennsylvania. Its deposit products include savings, money market, individual retirement, and NOW accounts; demand and time deposits; and certificates of deposit. The company's loan portfolio comprises secured fixed and variable rate loans; business loans; consumer loans, including mortgages, secured home equity loans, lines of credit, auto, and unsecured personal loans, as well as mortgage escrow services; residential mortgage loans; and commercial mortgage/construction loans. In addition, it offers various other services, such as treasurer and certified check, wire transfer, credit/debit card merchant processing, direct deposit/ACH, ACH origination, fraud detection, cash and escrow management, safe deposit box, remote deposit capture, mobile banking, night depository, bank by mail, savings bond redemptions, person to person payment, positive pay, automated teller machine, and online banking and bill pay services, as well as gift, commercial credit, and ATM and debit cards. The company has branch offices in South Whitehall Township, Lower Macungie Township, the City of Bethlehem, Salisbury Township, Lower Saucon Township, Lower Nazareth Township, Borough of Nazareth, and Borough of Macungie, as well as in Lehigh and Northampton Counties in Pennsylvania. Embassy Bancorp, Inc. was founded in 2001 and is headquartered in Bethlehem, Pennsylvania.
Embassy Bancorp Dividend Announcement
• Embassy Bancorp announced a annually dividend of $0.42 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-06-28
• Embassy Bancorp annual dividend for 2024 was $0.42
• Embassy Bancorp annual dividend for 2023 was $0.40
• Embassy Bancorp's trailing twelve-month (TTM) dividend yield is 2.58%
• Embassy Bancorp's payout ratio for the trailing twelve months (TTM) is 59.08%
• Embassy Bancorp's dividend growth over the last five years (2018-2023) was 18.66% year
• Embassy Bancorp's dividend growth over the last ten years (2013-2023) was 23.11% year
Embassy Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | $0.42 | annually | 2024-07-12 |
2023-06-29 | $0.40 | annually | 2023-07-14 |
2022-06-29 | $0.35 | annually | 2022-07-15 |
2021-06-29 | $0.30 | annually | 2021-07-16 |
2020-09-04 | $0.22 | annually | 2020-10-01 |
2019-08-30 | $0.20 | annually | 2019-10-01 |
2018-08-30 | $0.17 | annually | 2018-10-01 |
2017-08-30 | $0.14 | annually | 2017-10-02 |
2016-08-30 | $0.13 | annually | |
2015-08-28 | $0.10 | annually | |
2014-08-28 | $0.06 | annually | |
2013-08-29 | $0.05 | annually |
Embassy Bancorp Dividend per year
Embassy Bancorp Dividend growth
Embassy Bancorp Dividend Yield
Embassy Bancorp current trailing twelve-month (TTM) dividend yield is 2.58%. Interested in purchasing Embassy Bancorp stock? Use our calculator to estimate your expected dividend yield:
Embassy Bancorp Financial Ratios
Embassy Bancorp Dividend FAQ
Other factors to consider when evaluating Embassy 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: Embassy 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, Embassy 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, Embassy 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 Embassy 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: Embassy 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, Embassy 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: Embassy 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 Embassy 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 Embassy 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.