ESSA Bancorp, Inc. operates as a bank holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savings accounts, interest bearing demand accounts, checking accounts, money market accounts, club accounts, certificates of deposit and IRAs, and other qualified plan accounts, as well as commercial checking accounts. Its loan portfolio includes first mortgage loans for the purchase, construction, or refinancing of one- to four-family residential real estate property; commercial real estate loans; home equity loans and lines of credit; and commercial and other consumer loans, as well as loans secured by deposits and personal unsecured loans. In addition, the company offers insurance benefits consulting services, such as health insurance, life insurance, short term and long term disability, dental, vision, 401(K) retirement planning, and individual health products, as well as asset management and trust, and investment services. As of September 30, 2021, it operated 21 community offices, including seven offices in Monroe County, three offices in Lehigh County, five offices in Northampton County, one office in Lackawanna County, one office in Luzerne County, one office in Chester County, two offices in Delaware County, and one office in Montgomery County, Pennsylvania. The company was founded in 1916 and is headquartered in Stroudsburg, Pennsylvania.
ESSA Bancorp Dividend Announcement
• ESSA Bancorp announced a quarterly dividend of $0.15 per ordinary share which will be made payable on 2024-12-30. Ex dividend date: 2024-12-16
• ESSA Bancorp annual dividend for 2024 was $0.60
• ESSA Bancorp annual dividend for 2023 was $0.60
• ESSA Bancorp's trailing twelve-month (TTM) dividend yield is 2.93%
• ESSA Bancorp's payout ratio for the trailing twelve months (TTM) is 34.69%
• ESSA Bancorp's dividend growth over the last five years (2018-2023) was 10.15% year
• ESSA Bancorp's dividend growth over the last ten years (2013-2023) was 11.61% year
ESSA Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-16 | $0.15 | quarterly | 2024-12-30 |
2024-09-16 | $0.15 | quarterly | 2024-09-30 |
2024-06-14 | $0.15 | quarterly | 2024-06-28 |
2024-03-14 | $0.15 | quarterly | 2024-03-29 |
2023-12-14 | $0.15 | quarterly | 2023-12-29 |
2023-09-14 | $0.15 | quarterly | 2023-09-29 |
2023-06-15 | $0.15 | quarterly | 2023-06-30 |
2023-03-15 | $0.15 | quarterly | 2023-03-31 |
2022-12-15 | $0.15 | quarterly | 2022-12-30 |
2022-09-15 | $0.15 | quarterly | 2022-09-30 |
2022-06-15 | $0.15 | quarterly | 2022-06-30 |
2022-03-15 | $0.12 | quarterly | 2022-03-31 |
2021-12-15 | $0.12 | quarterly | 2021-12-30 |
2021-09-15 | $0.12 | quarterly | 2021-09-30 |
2021-06-15 | $0.12 | quarterly | 2021-06-30 |
2021-03-15 | $0.12 | quarterly | 2021-03-31 |
2020-12-15 | $0.11 | quarterly | 2020-12-30 |
2020-09-15 | $0.11 | quarterly | 2020-09-30 |
2020-06-15 | $0.11 | quarterly | 2020-06-30 |
2020-03-13 | $0.11 | quarterly | 2020-03-31 |
2019-12-13 | $0.11 | quarterly | 2019-12-30 |
2019-09-13 | $0.10 | quarterly | 2019-09-30 |
2019-06-13 | $0.10 | quarterly | 2019-06-28 |
2019-03-14 | $0.10 | quarterly | 2019-03-29 |
2018-12-13 | $0.10 | quarterly | 2018-12-28 |
2018-09-13 | $0.09 | quarterly | 2018-09-30 |
2018-06-14 | $0.09 | quarterly | 2018-06-30 |
2018-03-15 | $0.09 | quarterly | 2018-03-30 |
2017-12-14 | $0.09 | quarterly | 2017-12-30 |
2017-09-14 | $0.09 | quarterly | 2017-09-30 |
2017-06-14 | $0.09 | quarterly | 2017-06-30 |
2017-03-14 | $0.09 | quarterly | 2017-03-30 |
2016-12-14 | $0.09 | quarterly | 2016-12-30 |
2016-09-14 | $0.09 | quarterly | 2016-09-30 |
2016-06-14 | $0.09 | quarterly | 2016-06-30 |
2016-03-14 | $0.09 | quarterly | 2016-03-30 |
2015-12-14 | $0.09 | quarterly | 2015-12-30 |
2015-09-14 | $0.09 | quarterly | 2015-09-30 |
2015-06-12 | $0.09 | quarterly | 2015-06-30 |
2015-03-12 | $0.09 | quarterly | 2015-03-30 |
2014-12-12 | $0.07 | quarterly | 2014-12-30 |
2014-09-12 | $0.07 | quarterly | 2014-09-30 |
2014-06-12 | $0.07 | quarterly | 2014-06-30 |
2014-03-12 | $0.07 | quarterly | 2014-03-30 |
2013-12-12 | $0.05 | quarterly | 2013-12-30 |
2013-09-12 | $0.05 | quarterly | 2013-09-30 |
2013-06-12 | $0.05 | quarterly | 2013-06-30 |
2013-03-13 | $0.05 | quarterly | 2013-03-30 |
ESSA Bancorp Dividend per year
ESSA Bancorp Dividend growth
ESSA Bancorp Dividend Yield
ESSA Bancorp current trailing twelve-month (TTM) dividend yield is 2.93%. Interested in purchasing ESSA Bancorp stock? Use our calculator to estimate your expected dividend yield:
ESSA Bancorp Financial Ratios
ESSA Bancorp Dividend FAQ
Other factors to consider when evaluating ESSA 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: ESSA 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, ESSA 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, ESSA 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 ESSA 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: ESSA 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, ESSA 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: ESSA 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 ESSA 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 ESSA 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.