First Financial Northwest, Inc. operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest bearing accounts, interest-bearing demand accounts, money market accounts, statement savings accounts, and certificates of deposit. Its loan products comprise one-to-four family residential loans; multifamily and commercial real estate loans; construction/land loans for the construction of single-family residences, condominiums, townhouses, multifamily properties, and residential developments; business loans; and consumer loans, such as home equity loans and savings account loans. The company also provides wealth management services; and online banking platform, as well as debit cards and ATMs. As of December 31, 2021, it operated seven retail branches in King County, five retail branches in Snohomish County, and two retail branches in Pierce County, Washington. First Financial Northwest, Inc. was founded in 1923 and is headquartered in Renton, Washington.
First Financial Northwest Dividend Announcement
• First Financial Northwest announced a quarterly dividend of $0.13 per ordinary share which will be made payable on 2024-06-21. Ex dividend date: 2024-06-07
• First Financial Northwest annual dividend for 2024 was $0.26
• First Financial Northwest annual dividend for 2023 was $0.52
• First Financial Northwest's trailing twelve-month (TTM) dividend yield is 1.76%
• First Financial Northwest's payout ratio for the trailing twelve months (TTM) is 447.56%
• First Financial Northwest's dividend growth over the last five years (2018-2023) was 10.90% year
• First Financial Northwest's dividend growth over the last ten years (2013-2023) was 15.79% year
First Financial Northwest Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-07 | $0.13 | quarterly | 2024-06-21 |
2024-03-14 | $0.13 | quarterly | 2024-03-28 |
2023-12-07 | $0.13 | quarterly | 2023-12-22 |
2023-09-07 | $0.13 | quarterly | 2023-09-22 |
2023-06-08 | $0.13 | quarterly | 2023-06-23 |
2023-03-13 | $0.13 | quarterly | 2023-03-24 |
2022-12-01 | $0.12 | quarterly | 2022-12-16 |
2022-09-01 | $0.12 | quarterly | 2022-09-16 |
2022-06-02 | $0.12 | quarterly | 2022-06-17 |
2022-03-10 | $0.12 | quarterly | 2022-03-25 |
2021-12-02 | $0.11 | quarterly | 2021-12-17 |
2021-09-02 | $0.11 | quarterly | 2021-09-17 |
2021-06-03 | $0.11 | quarterly | 2021-06-18 |
2021-03-11 | $0.11 | quarterly | 2021-03-26 |
2020-12-03 | $0.10 | quarterly | 2020-12-18 |
2020-09-03 | $0.10 | quarterly | 2020-09-18 |
2020-06-04 | $0.10 | quarterly | 2020-06-19 |
2020-03-12 | $0.10 | quarterly | 2020-03-27 |
2019-12-05 | $0.09 | quarterly | 2019-12-20 |
2019-09-05 | $0.09 | quarterly | 2019-09-20 |
2019-06-06 | $0.09 | quarterly | 2019-06-21 |
2019-03-07 | $0.08 | quarterly | 2019-03-22 |
2018-11-29 | $0.08 | quarterly | 2018-12-14 |
2018-09-06 | $0.08 | quarterly | 2018-09-21 |
2018-06-07 | $0.08 | quarterly | 2018-06-22 |
2018-03-08 | $0.07 | quarterly | 2018-03-23 |
2017-11-30 | $0.07 | quarterly | 2017-12-15 |
2017-09-07 | $0.07 | quarterly | 2017-09-22 |
2017-06-07 | $0.07 | quarterly | 2017-06-23 |
2017-03-08 | $0.06 | quarterly | 2017-03-24 |
2016-11-29 | $0.06 | quarterly | 2016-12-16 |
2016-09-07 | $0.06 | quarterly | 2016-09-23 |
2016-06-08 | $0.06 | quarterly | 2016-06-24 |
2016-03-09 | $0.06 | quarterly | 2016-03-25 |
2015-12-02 | $0.06 | quarterly | 2015-12-18 |
2015-09-02 | $0.06 | quarterly | 2015-09-18 |
2015-06-03 | $0.06 | quarterly | 2015-06-19 |
2015-03-11 | $0.06 | quarterly | 2015-03-27 |
2014-12-03 | $0.05 | quarterly | 2014-12-19 |
2014-09-03 | $0.05 | quarterly | 2014-09-19 |
2014-06-04 | $0.05 | quarterly | 2014-06-20 |
2014-03-12 | $0.05 | quarterly | 2014-03-28 |
2013-12-04 | $0.04 | quarterly | 2013-12-20 |
2013-09-04 | $0.04 | quarterly | 2013-09-20 |
2013-05-29 | $0.04 | quarterly | 2013-06-14 |
First Financial Northwest Dividend per year
First Financial Northwest Dividend growth
First Financial Northwest Dividend Yield
First Financial Northwest current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing First Financial Northwest stock? Use our calculator to estimate your expected dividend yield:
First Financial Northwest Financial Ratios
First Financial Northwest Dividend FAQ
Other factors to consider when evaluating First Financial Northwest 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: First Financial Northwest'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, First Financial Northwest 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, First Financial Northwest 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 First Financial Northwest 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: First Financial Northwest 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, First Financial Northwest distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: First Financial Northwest 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 First Financial Northwest'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 First Financial Northwest'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.