Evans Bancorp, Inc. primarily operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York and the Finger Lakes Region of New York State. It operates in two segments, Banking Activities and Insurance Agency Activities. The company offers deposit products, which include checking and negotiable order of withdrawal accounts, savings accounts, and certificates of deposit. It also provides residential mortgages; commercial and multi-family mortgages and commercial construction loans; home equities, such as home equity lines of credit and second mortgage loans; commercial and industrial loans comprising term loans and lines of credit; consumer loans, including direct automobile, recreational vehicle, boat, home improvement, and personal loans; other loans consisting of cash reserves, overdrafts, and loan clearing accounts; and installment loans. In addition, the company sells various premium-based insurance policies, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability, and long-term care coverage, as well as provides claims adjusting services to various insurance companies; and non-deposit investment products, such as annuities and mutual funds. It operates through a total of 21 full-service banking offices in Erie County, Niagara County, Monroe County, and Chautauqua County, New York. Evans Bancorp, Inc. was founded in 1920 and is headquartered in Williamsville, New York.
Evans Bancorp Dividend Announcement
• Evans Bancorp announced a semi annually dividend of $0.66 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-12
• Evans Bancorp annual dividend for 2024 was $1.32
• Evans Bancorp annual dividend for 2023 was $1.32
• Evans Bancorp's trailing twelve-month (TTM) dividend yield is 3.47%
• Evans Bancorp's payout ratio for the trailing twelve months (TTM) is 38.07%
• Evans Bancorp's dividend growth over the last five years (2018-2023) was 7.49% year
• Evans Bancorp's dividend growth over the last ten years (2013-2023) was 17.64% year
Evans Bancorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-12 | $0.66 | semi annually | 2024-10-10 |
| 2024-03-11 | $0.66 | semi annually | 2024-04-09 |
| 2023-09-18 | $0.66 | semi annually | 2023-10-18 |
| 2023-03-09 | $0.66 | semi annually | 2023-04-04 |
| 2022-09-12 | $0.64 | semi annually | 2022-10-04 |
| 2022-03-10 | $0.62 | semi annually | 2022-04-05 |
| 2021-09-13 | $0.60 | semi annually | 2021-10-05 |
| 2021-03-15 | $0.60 | semi annually | 2021-04-06 |
| 2020-09-14 | $0.58 | semi annually | 2020-10-06 |
| 2020-03-11 | $0.58 | semi annually | 2020-04-02 |
| 2019-09-10 | $0.52 | semi annually | 2019-10-02 |
| 2019-03-12 | $0.52 | semi annually | 2019-04-03 |
| 2018-09-11 | $0.46 | semi annually | 2018-10-04 |
| 2018-03-12 | $0.46 | semi annually | 2018-04-03 |
| 2017-09-11 | $0.40 | semi annually | 2017-10-03 |
| 2017-03-10 | $0.40 | semi annually | 2017-04-04 |
| 2016-09-09 | $0.38 | semi annually | 2016-10-04 |
| 2016-03-11 | $0.38 | semi annually | 2016-04-05 |
| 2015-09-11 | $0.36 | semi annually | 2015-10-06 |
| 2015-03-13 | $0.36 | semi annually | 2015-04-07 |
| 2014-09-12 | $0.34 | semi annually | 2014-10-07 |
| 2014-03-14 | $0.31 | semi annually | 2014-04-08 |
| 2013-09-16 | $0.26 | semi annually | 2013-10-09 |
Evans Bancorp Dividend per year
Evans Bancorp Dividend growth
Evans Bancorp Dividend Yield
Evans Bancorp current trailing twelve-month (TTM) dividend yield is 3.47%. Interested in purchasing Evans Bancorp stock? Use our calculator to estimate your expected dividend yield:
Evans Bancorp Financial Ratios
P/E ratio11.02
PEG ratio0.63
P/B ratio1.18
ROE11.20%
Payout ratio38.07%
Current ratio0.16
Quick ratio0.16
Cash Ratio0.16
Evans Bancorp Dividend FAQ
How much is the next Evans Bancorp dividend?
Evans Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Evans Bancorp dividend. The next Evans Bancorp dividend will be released in March, or September.
When is Evans Bancorp dividend paid?
Evans Bancorp pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Evans Bancorp pay?
The specific amount of Evans Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Evans Bancorp's dividend history.
Does Evans Bancorp stock pay dividends?
Yes, Evans Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Evans Bancorp's dividend history.
How much dividend does Evans Bancorp pay?
Evans Bancorp paid $1.32 in 2024, $1.32 in 2023, $1.26 in 2022, $1.2 in 2021, and $1.16 in 2020.
How often does Evans Bancorp pay dividends?
Evans Bancorp typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Evans Bancorp's dividend yield?
The current dividend yield for Evans Bancorp is 3.47%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Evans Bancorp's exact dividend yield.
When does Evans Bancorp go ex dividend?
Evans Bancorp's ex-dividend date for the latest dividend was on 2024-09-12. Evans Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Evans Bancorp dividend paid?
Evans Bancorp pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Evans Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Evans Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Evans Bancorp dividend per share?
Evans Bancorp paid $1.32 per share in 2024 and $1.32 per share in 2023. The amount of dividend per share that Evans Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Evans Bancorp a dividend aristocrat?
No, 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 Evans Bancorp a dividend king?
No, 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 Evans Bancorp a dividend stock?
Yes, Evans Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Evans Bancorp a good dividend stock?
Whether Evans Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Evans Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Evans 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.
Other factors to consider when evaluating Evans 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.
Does Evans Bancorp pay dividends monthly?
Evans Bancorp typically pays dividends on a semi annually basis.
Does Evans Bancorp pay dividends quarterly?
Evans Bancorp currently pays dividends on a semi annually basis.
Has Evans Bancorp ever paid a dividend?
Yes, Evans Bancorp has a history of paying dividends to its shareholders. Evans Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Evans Bancorp dividend stocks?
To buy Evans 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Evans 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.
Place an order: Use the brokerage's trading platform to place an order to buy Evans 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.
When does Evans Bancorp pay dividends 2024?
Evans Bancorp pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Evans Bancorp increase its dividend in 2024?
Decisions regarding Evans Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Evans Bancorp dividend overview you can look into the above table of dividend history.
How Evans Bancorp dividend works?
The Evans Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Evans Bancorp's dividend process works:
1. Determination of Dividend: Evans 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, Evans 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, Evans 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 Evans 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. Determination of Dividend: Evans 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, Evans 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, Evans 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 Evans 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.
How are Evans Bancorp dividends paid?
Evans Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Evans 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, Evans 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: Evans 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.
1. Record Date: Evans 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, Evans 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: Evans 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.
How many times does Evans Bancorp pay dividends?
Evans Bancorp typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Evans Bancorp pay dividends?
The general pattern is that Evans Bancorp pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Evans Bancorp dividend safe?
The safety of Evans Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Evans 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 Evans 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.
To assess the safety of Evans 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 Evans 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.