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Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses. It accepts various deposit instruments, including checking accounts, money market accounts, regular savings accounts, and non-interest bearing demand accounts. The company also offers construction, commercial and industrial, multifamily and mixed-use real estate, non-residential real estate loans, and consumer loans. In addition, it invests in various types of liquid assets, including U.S. Treasury obligations, municipal securities, deposits at the Federal Home Loan Bank of New York, and certificates of deposit of federally insured institutions, as well as securities of various federal agencies, and of state and municipal governments. Further, the company offers investment advisory and financial planning services; and life insurance products and fixed-rate annuities. It operates seven full-service branches in New York and three full-service branches in Massachusetts; and loan production offices in White Plains and New City, New York, as well as Danvers, Massachusetts. The company was founded in 1934 and is based in White Plains, New York.

Northeast Community Bancorp Dividend Announcement

Northeast Community Bancorp announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-11-06. Ex dividend date: 2024-10-04
Northeast Community Bancorp annual dividend for 2024 was $0.56
Northeast Community Bancorp annual dividend for 2023 was $0.18
Northeast Community Bancorp's trailing twelve-month (TTM) dividend yield is 2.14%
Northeast Community Bancorp's payout ratio for the trailing twelve months (TTM) is 8.22%
Northeast Community Bancorp's dividend growth over the last five years (2018-2023) was 8.45% year
Northeast Community Bancorp's dividend growth over the last ten years (2013-2023) was 7.18% year

Northeast Community Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-04$0.30quarterly2024-11-06
2024-07-05$0.10quarterly2024-08-06
2024-04-04$0.10quarterly2024-05-06
2024-01-02$0.06quarterly2024-02-05
2023-10-05$0.06quarterly2023-11-08
2023-07-03$0.06quarterly2023-08-04
2023-04-10$0.06quarterly2023-05-08
2022-12-30$0.06quarterly2023-02-06
2022-10-13$0.06quarterly2022-11-15
2022-07-01$0.06quarterly2022-08-05
2022-05-13$0.18quarterly2022-05-31
2022-04-07$0.06quarterly2022-05-06
2021-12-31$0.06quarterly2022-02-05
2021-10-22$0.06quarterly2021-11-08
2021-07-30$0.06quarterly2021-08-16
2021-04-08$0.03quarterly2021-05-07
2020-12-31$0.03quarterly2021-02-04
2020-10-08$0.03quarterly2020-11-10
2020-07-22$0.03quarterly2020-08-20
2020-04-08$0.03quarterly2020-05-08
2020-01-02$0.03quarterly2020-02-03
2019-10-03$0.03quarterly2019-11-01
2019-07-03$0.03quarterly2019-08-02
2019-04-11$0.03quarterly2019-05-07
2019-01-04$0.03quarterly2019-01-24
2018-10-04$0.03quarterly2018-11-01
2018-07-05$0.03quarterly2018-08-01
2018-04-05$0.03quarterly2018-05-01
2018-01-05$0.03quarterly2018-01-24
2017-10-05$0.03quarterly2017-11-01
2017-06-30$0.03quarterly2017-08-01
2017-04-03$0.03quarterly2017-05-01
2017-01-05$0.03quarterly2017-01-24
2016-10-05$0.03quarterly2016-11-01
2016-07-01$0.03quarterly2016-08-01
2016-04-04$0.03quarterly
2015-10-07$0.03quarterly2015-11-02
2015-07-02$0.03quarterly2015-08-03
2015-04-01$0.03quarterly2015-05-01
2015-01-07$0.03quarterly2015-02-02
2014-10-08$0.03quarterly2014-11-03
2014-07-03$0.03quarterly2014-08-01
2014-04-03$0.03quarterly2014-05-01
2014-01-08$0.03quarterly2014-02-01
2013-10-09$0.03quarterly2013-11-01
2013-07-10$0.03quarterly2013-08-01
2013-04-03$0.03quarterly2013-05-01

Northeast Community Bancorp Dividend per year

Northeast Community Bancorp Dividend growth

Northeast Community Bancorp Dividend Yield

Northeast Community Bancorp current trailing twelve-month (TTM) dividend yield is 2.14%. Interested in purchasing Northeast Community Bancorp stock? Use our calculator to estimate your expected dividend yield:

Northeast Community Bancorp Financial Ratios

P/E ratio6.98
PEG ratio0.07
P/B ratio1.10
ROE16.63%
Payout ratio8.22%
Current ratio0.42
Quick ratio0.42
Cash Ratio0.00

Northeast Community Bancorp Dividend FAQ

How much is the next Northeast Community Bancorp dividend?
Northeast Community 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 Northeast Community Bancorp dividend. The next Northeast Community Bancorp dividend will be released in April, July, or October.
When is Northeast Community Bancorp dividend paid?
Northeast Community Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, July, and October. 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 Northeast Community Bancorp pay?
The specific amount of Northeast Community 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 Northeast Community Bancorp's dividend history.
Does Northeast Community Bancorp stock pay dividends?
Yes, Northeast Community 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 Northeast Community Bancorp's dividend history.
How much dividend does Northeast Community Bancorp pay?
Northeast Community Bancorp paid $0.56 in 2024, $0.18 in 2023, $0.42 in 2022, $0.21 in 2021, and $0.15 in 2020.
How often does Northeast Community Bancorp pay dividends?
Northeast Community Bancorp 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 April, July, and October.
What is Northeast Community Bancorp's dividend yield?
The current dividend yield for Northeast Community Bancorp is 2.14%. 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 Northeast Community Bancorp's exact dividend yield.
When does Northeast Community Bancorp go ex dividend?
Northeast Community Bancorp's ex-dividend date for the latest dividend was on 2024-10-04. Northeast Community 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 Northeast Community Bancorp dividend paid?
Northeast Community Bancorp pays dividends on a quarterly basis, typically around April, July, or October, but the exact dates can vary each year.
Will Northeast Community 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 Northeast Community 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 Northeast Community Bancorp dividend per share?
Northeast Community Bancorp paid $0.56 per share in 2024 and $0.18 per share in 2023. The amount of dividend per share that Northeast Community 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 Northeast Community 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 Northeast Community 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 Northeast Community Bancorp a dividend stock?
Yes, Northeast Community Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Northeast Community Bancorp a good dividend stock?
Whether Northeast Community 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. Northeast Community Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Northeast Community 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 Northeast Community Bancorp pay dividends monthly?
Northeast Community Bancorp typically pays dividends on a quarterly basis.
Does Northeast Community Bancorp pay dividends quarterly?
Northeast Community Bancorp currently pays dividends on a quarterly basis.
Has Northeast Community Bancorp ever paid a dividend?
Yes, Northeast Community Bancorp has a history of paying dividends to its shareholders. Northeast Community Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Northeast Community Bancorp dividend stocks?
To buy Northeast Community 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 Northeast Community 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 Northeast Community Bancorp pay dividends 2024?
Northeast Community Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-06. 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 Northeast Community Bancorp increase its dividend in 2024?
Decisions regarding Northeast Community 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 Northeast Community Bancorp dividend overview you can look into the above table of dividend history.
How Northeast Community Bancorp dividend works?
The Northeast Community 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 Northeast Community Bancorp's dividend process works:

1. Determination of Dividend: Northeast Community 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, Northeast Community 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, Northeast Community 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 Northeast Community 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 Northeast Community Bancorp dividends paid?
Northeast Community Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Northeast Community 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, Northeast Community 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: Northeast Community 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 Northeast Community Bancorp pay dividends?
Northeast Community Bancorp 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 Northeast Community Bancorp pay dividends?
The general pattern is that Northeast Community Bancorp pays dividends around April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Northeast Community Bancorp dividend safe?
The safety of Northeast Community 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 Northeast Community 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 Northeast Community 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.