Equity Bancshares, Inc. operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers. The company accepts various demand, savings, money market, and time deposits. Its loan products include commercial and industrial, commercial real estate-backed, commercial lines of credit, working capital, term, equipment financing, acquisition, expansion and development, borrowing base, real estate construction, homebuilder, agricultural, government guaranteed, and other loan products to national and regional companies, restaurant franchisees, hoteliers, real estate developers, manufacturing and industrial companies, agribusiness companies, and other businesses. The company's loan products also comprise various consumer loans to individuals and professionals, including residential real estate loans, home equity loans and lines of credit, installment loans, unsecured and secured personal lines of credit, overdraft protection, and letters of credit. It also provides debit cards; online banking solutions, such as access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; mobile banking solutions comprising remote check deposits with mobile bill pay; ATMs; and treasury management, wire transfer, automated clearing house, and stop payment services. In addition, the company offers cash management deposit products, such as lockbox, remote deposit capture, positive pay, reverse positive pay, account reconciliation services, zero balance accounts, and sweep accounts, as well as banking services through telephone, mail, and personal appointments. As of December 31, 2021, it operated a network of 69 branches in Arkansas, Kansas, Missouri, and Oklahoma. The company was founded in 2002 and is headquartered in Wichita, Kansas.
Equity Bancshares Dividend Announcement
• Equity Bancshares announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• Equity Bancshares annual dividend for 2024 was $0.39
• Equity Bancshares annual dividend for 2023 was $0.44
• Equity Bancshares's trailing twelve-month (TTM) dividend yield is 1.22%
• Equity Bancshares's payout ratio for the trailing twelve months (TTM) is 41.06%
Equity Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.15 | quarterly | 2024-10-15 |
2024-06-28 | $0.12 | quarterly | 2024-07-15 |
2024-03-27 | $0.12 | quarterly | 2024-04-15 |
2023-12-28 | $0.12 | quarterly | 2024-01-15 |
2023-09-28 | $0.12 | quarterly | 2023-10-16 |
2023-06-29 | $0.10 | quarterly | 2023-07-14 |
2023-03-30 | $0.10 | quarterly | 2023-04-14 |
2022-12-29 | $0.10 | quarterly | 2023-01-17 |
2022-09-29 | $0.10 | quarterly | 2022-10-14 |
2022-06-29 | $0.08 | quarterly | 2022-07-14 |
2022-03-30 | $0.08 | quarterly | 2022-04-14 |
2021-12-30 | $0.08 | quarterly | 2022-01-14 |
2021-09-29 | $0.08 | quarterly | 2021-10-14 |
Equity Bancshares Dividend per year
Equity Bancshares Dividend growth
Equity Bancshares Dividend Yield
Equity Bancshares current trailing twelve-month (TTM) dividend yield is 1.22%. Interested in purchasing Equity Bancshares stock? Use our calculator to estimate your expected dividend yield:
Equity Bancshares Financial Ratios
Equity Bancshares Dividend FAQ
Other factors to consider when evaluating Equity Bancshares 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: Equity Bancshares'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, Equity Bancshares 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, Equity Bancshares 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 Equity Bancshares 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: Equity Bancshares 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, Equity Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Equity Bancshares 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 Equity Bancshares'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 Equity Bancshares'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.