HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services primarily in the Western United States. The company offers personal and business checking, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit; credit cards; insurance; and treasury management products and services. Its loan products include commercial business and agriculture loans, single family residential mortgages, consumer loans, commercial loans secured by residential and commercial real estate, and construction loans for residential and commercial real estate development, as well as consumer installment loans and permanent loans on commercial real estate and single-family residences. In addition, the company offers its products and services through bank branches, loan production offices, and ATMs, as well as through online, mobile, and telephone banking. As of December 31, 2021, it operated 60 full-service bank branches located in Washington state, Northern and Southern California, the Portland, Oregon, and Hawaii; and five primary stand-alone commercial lending centers in Central Washington, Oregon, Southern California, Idaho, and Utah. HomeStreet, Inc. serves small and medium sized businesses, real estate investors, professional firms, and individuals. The company was formerly known as Continental Mortgage and Loan Company. HomeStreet, Inc. was incorporated in 1921 and is headquartered in Seattle, Washington.
HomeStreet Dividend Announcement
• HomeStreet announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2023-11-22. Ex dividend date: 2023-11-07
• HomeStreet annual dividend for 2023 was $0.65
• HomeStreet's trailing twelve-month (TTM) dividend yield is 1.1%
• HomeStreet's payout ratio for the trailing twelve months (TTM) is -15.34%
HomeStreet Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-07 | $0.10 | quarterly | 2023-11-22 |
2023-08-08 | $0.10 | quarterly | 2023-08-23 |
2023-05-09 | $0.10 | quarterly | 2023-05-24 |
2023-02-07 | $0.35 | quarterly | 2023-02-22 |
2022-11-07 | $0.35 | quarterly | 2022-11-22 |
2022-08-08 | $0.35 | quarterly | 2022-08-23 |
2022-05-09 | $0.35 | quarterly | 2022-05-24 |
2022-02-08 | $0.35 | quarterly | 2022-02-23 |
2021-11-08 | $0.25 | quarterly | 2021-11-23 |
2021-08-09 | $0.25 | quarterly | 2021-08-24 |
2021-05-10 | $0.25 | quarterly | 2021-05-26 |
2021-02-08 | $0.25 | quarterly | 2021-02-24 |
2020-11-05 | $0.15 | quarterly | 2020-11-23 |
2020-08-06 | $0.15 | quarterly | 2020-08-24 |
2020-05-01 | $0.15 | quarterly | 2020-05-20 |
2020-02-04 | $0.15 | quarterly | 2020-02-21 |
2014-01-30 | $0.11 | quarterly | 2014-02-24 |
2013-10-31 | $0.11 | quarterly | 2013-11-25 |
2013-08-01 | $0.11 | quarterly | 2013-08-15 |
2013-04-09 | $0.11 | quarterly | 2013-04-22 |
HomeStreet Dividend per year
HomeStreet Dividend growth
HomeStreet Dividend Yield
HomeStreet current trailing twelve-month (TTM) dividend yield is 1.1%. Interested in purchasing HomeStreet stock? Use our calculator to estimate your expected dividend yield:
HomeStreet Financial Ratios
HomeStreet Dividend FAQ
Other factors to consider when evaluating HomeStreet 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: HomeStreet'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, HomeStreet 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, HomeStreet 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 HomeStreet 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: HomeStreet 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, HomeStreet distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HomeStreet 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 HomeStreet'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 HomeStreet'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.