Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. Its deposit products for business banking and retail markets include interest and non-interest bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits. The company's loan portfolio comprises commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; small business administration loans; home equity lines of credit; multifamily loans on residential properties; residential mortgage loans; and consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes. In addition, it offers other banking services, including cashier's checks, bank by mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online bill pay, homeowner association, remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking, factoring financing, and electronic banking services. The company operates through 17 full-service branch offices located in the general San Francisco Bay Area of California. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.
Heritage Commerce Dividend Announcement
• Heritage Commerce announced a quarterly dividend of $0.13 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-08-08
• Heritage Commerce annual dividend for 2024 was $0.39
• Heritage Commerce annual dividend for 2023 was $0.52
• Heritage Commerce's trailing twelve-month (TTM) dividend yield is 5.46%
• Heritage Commerce's payout ratio for the trailing twelve months (TTM) is 65.55%
• Heritage Commerce's dividend growth over the last five years (2018-2023) was 3.40% year
• Heritage Commerce's dividend growth over the last ten years (2013-2023) was 24.10% year
Heritage Commerce Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-08 | $0.13 | quarterly | 2024-08-22 |
| 2024-05-08 | $0.13 | quarterly | 2024-05-23 |
| 2024-02-07 | $0.13 | quarterly | 2024-02-22 |
| 2023-11-06 | $0.13 | quarterly | 2023-11-21 |
| 2023-08-09 | $0.13 | quarterly | 2023-08-24 |
| 2023-05-10 | $0.13 | quarterly | 2023-05-25 |
| 2023-02-08 | $0.13 | quarterly | 2023-02-23 |
| 2022-11-07 | $0.13 | quarterly | 2022-11-22 |
| 2022-08-10 | $0.13 | quarterly | 2022-08-25 |
| 2022-05-11 | $0.13 | quarterly | 2022-05-26 |
| 2022-02-09 | $0.13 | quarterly | 2022-02-24 |
| 2021-11-08 | $0.13 | quarterly | 2021-11-23 |
| 2021-08-11 | $0.13 | quarterly | 2021-08-26 |
| 2021-05-12 | $0.13 | quarterly | 2021-05-27 |
| 2021-02-11 | $0.13 | quarterly | 2021-02-26 |
| 2020-11-05 | $0.13 | quarterly | 2020-11-20 |
| 2020-08-05 | $0.13 | quarterly | 2020-08-20 |
| 2020-05-06 | $0.13 | quarterly | 2020-05-21 |
| 2020-02-04 | $0.13 | quarterly | 2020-02-19 |
| 2019-11-04 | $0.12 | quarterly | 2019-11-19 |
| 2019-08-07 | $0.12 | quarterly | 2019-08-22 |
| 2019-05-08 | $0.12 | quarterly | 2019-05-23 |
| 2019-02-06 | $0.12 | quarterly | 2019-02-21 |
| 2018-11-05 | $0.11 | quarterly | 2018-11-20 |
| 2018-08-09 | $0.11 | quarterly | 2018-08-24 |
| 2018-05-09 | $0.11 | quarterly | 2018-05-24 |
| 2018-02-07 | $0.11 | quarterly | 2018-02-22 |
| 2017-11-06 | $0.10 | quarterly | 2017-11-21 |
| 2017-08-08 | $0.10 | quarterly | 2017-08-24 |
| 2017-05-09 | $0.10 | quarterly | 2017-05-25 |
| 2017-02-08 | $0.10 | quarterly | 2017-02-24 |
| 2016-11-04 | $0.09 | quarterly | 2016-11-22 |
| 2016-08-05 | $0.09 | quarterly | 2016-08-24 |
| 2016-05-06 | $0.09 | quarterly | 2016-05-25 |
| 2016-02-08 | $0.09 | quarterly | 2016-02-25 |
| 2015-11-06 | $0.08 | quarterly | 2015-11-24 |
| 2015-08-11 | $0.08 | quarterly | 2015-08-27 |
| 2015-05-12 | $0.08 | quarterly | 2015-05-28 |
| 2015-02-06 | $0.08 | quarterly | 2015-02-25 |
| 2014-11-04 | $0.05 | quarterly | 2014-11-24 |
| 2014-08-05 | $0.05 | quarterly | 2014-08-27 |
| 2014-05-05 | $0.04 | quarterly | 2014-05-28 |
| 2014-02-03 | $0.04 | quarterly | 2014-02-25 |
| 2013-11-05 | $0.03 | quarterly | 2013-11-25 |
| 2013-08-21 | $0.03 | quarterly | 2013-09-20 |
Heritage Commerce Dividend per year
Heritage Commerce Dividend growth
Heritage Commerce Dividend Yield
Heritage Commerce current trailing twelve-month (TTM) dividend yield is 5.46%. Interested in purchasing Heritage Commerce stock? Use our calculator to estimate your expected dividend yield:
Heritage Commerce Financial Ratios
P/E ratio12.04
PEG ratio0.81
P/B ratio0.86
ROE7.21%
Payout ratio65.55%
Current ratio0.20
Quick ratio0.20
Cash Ratio0.01
Heritage Commerce Dividend FAQ
How much is the next Heritage Commerce dividend?
Heritage Commerce's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Heritage Commerce dividend. The next Heritage Commerce dividend will be released in February, May, August, or November.
When is Heritage Commerce dividend paid?
Heritage Commerce pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. 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 Heritage Commerce pay?
The specific amount of Heritage Commerce 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 Heritage Commerce's dividend history.
Does Heritage Commerce stock pay dividends?
Yes, Heritage Commerce 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 Heritage Commerce's dividend history.
How much dividend does Heritage Commerce pay?
Heritage Commerce paid $0.39 in 2024, $0.52 in 2023, $0.52 in 2022, $0.52 in 2021, and $0.52 in 2020.
How often does Heritage Commerce pay dividends?
Heritage Commerce typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Heritage Commerce's dividend yield?
The current dividend yield for Heritage Commerce is 5.46%. 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 Heritage Commerce's exact dividend yield.
When does Heritage Commerce go ex dividend?
Heritage Commerce's ex-dividend date for the latest dividend was on 2024-08-08. Heritage Commerce 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 Heritage Commerce dividend paid?
Heritage Commerce pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Heritage Commerce 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 Heritage Commerce 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 Heritage Commerce dividend per share?
Heritage Commerce paid $0.39 per share in 2024 and $0.52 per share in 2023. The amount of dividend per share that Heritage Commerce 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 Heritage Commerce 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 Heritage Commerce 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 Heritage Commerce a dividend stock?
Yes, Heritage Commerce is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Heritage Commerce a good dividend stock?
Whether Heritage Commerce is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Heritage Commerce has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Heritage Commerce 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 Heritage Commerce 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 Heritage Commerce pay dividends monthly?
Heritage Commerce typically pays dividends on a quarterly basis.
Does Heritage Commerce pay dividends quarterly?
Heritage Commerce currently pays dividends on a quarterly basis.
Has Heritage Commerce ever paid a dividend?
Yes, Heritage Commerce has a history of paying dividends to its shareholders. Heritage Commerce is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Heritage Commerce dividend stocks?
To buy Heritage Commerce 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 Heritage Commerce 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 Heritage Commerce 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 Heritage Commerce pay dividends 2024?
Heritage Commerce pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-22. 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 Heritage Commerce increase its dividend in 2024?
Decisions regarding Heritage Commerce 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 Heritage Commerce dividend overview you can look into the above table of dividend history.
How Heritage Commerce dividend works?
The Heritage Commerce 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 Heritage Commerce's dividend process works:
1. Determination of Dividend: Heritage Commerce'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, Heritage Commerce 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, Heritage Commerce 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 Heritage Commerce 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: Heritage Commerce'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, Heritage Commerce 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, Heritage Commerce 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 Heritage Commerce 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 Heritage Commerce dividends paid?
Heritage Commerce dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Heritage Commerce 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, Heritage Commerce distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Heritage Commerce 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: Heritage Commerce 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, Heritage Commerce distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Heritage Commerce 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 Heritage Commerce pay dividends?
Heritage Commerce typically pays dividends on a quarterly 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 Heritage Commerce pay dividends?
The general pattern is that Heritage Commerce pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Heritage Commerce dividend safe?
The safety of Heritage Commerce'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 Heritage Commerce'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 Heritage Commerce'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 Heritage Commerce'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 Heritage Commerce'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.