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 1.83%
• Northeast Community Bancorp's payout ratio for the trailing twelve months (TTM) is 9.24%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-04 | $0.30 | quarterly | 2024-11-06 |
2024-07-05 | $0.10 | quarterly | 2024-08-06 |
2024-04-04 | $0.10 | quarterly | 2024-05-06 |
2024-01-02 | $0.06 | quarterly | 2024-02-05 |
2023-10-05 | $0.06 | quarterly | 2023-11-08 |
2023-07-03 | $0.06 | quarterly | 2023-08-04 |
2023-04-10 | $0.06 | quarterly | 2023-05-08 |
2022-12-30 | $0.06 | quarterly | 2023-02-06 |
2022-10-13 | $0.06 | quarterly | 2022-11-15 |
2022-07-01 | $0.06 | quarterly | 2022-08-05 |
2022-05-13 | $0.18 | quarterly | 2022-05-31 |
2022-04-07 | $0.06 | quarterly | 2022-05-06 |
2021-12-31 | $0.06 | quarterly | 2022-02-05 |
2021-10-22 | $0.06 | quarterly | 2021-11-08 |
2021-07-30 | $0.06 | quarterly | 2021-08-16 |
2021-04-08 | $0.03 | quarterly | 2021-05-07 |
2020-12-31 | $0.03 | quarterly | 2021-02-04 |
2020-10-08 | $0.03 | quarterly | 2020-11-10 |
2020-07-22 | $0.03 | quarterly | 2020-08-20 |
2020-04-08 | $0.03 | quarterly | 2020-05-08 |
2020-01-02 | $0.03 | quarterly | 2020-02-03 |
2019-10-03 | $0.03 | quarterly | 2019-11-01 |
2019-07-03 | $0.03 | quarterly | 2019-08-02 |
2019-04-11 | $0.03 | quarterly | 2019-05-07 |
2019-01-04 | $0.03 | quarterly | 2019-01-24 |
2018-10-04 | $0.03 | quarterly | 2018-11-01 |
2018-07-05 | $0.03 | quarterly | 2018-08-01 |
2018-04-05 | $0.03 | quarterly | 2018-05-01 |
2018-01-05 | $0.03 | quarterly | 2018-01-24 |
2017-10-05 | $0.03 | quarterly | 2017-11-01 |
2017-06-30 | $0.03 | quarterly | 2017-08-01 |
2017-04-03 | $0.03 | quarterly | 2017-05-01 |
2017-01-05 | $0.03 | quarterly | 2017-01-24 |
2016-10-05 | $0.03 | quarterly | 2016-11-01 |
2016-07-01 | $0.03 | quarterly | 2016-08-01 |
2016-04-04 | $0.03 | quarterly | |
2016-01-06 | $0.04 | quarterly | 2016-02-01 |
2015-10-07 | $0.03 | quarterly | 2015-11-02 |
2015-07-02 | $0.03 | quarterly | 2015-08-03 |
2015-04-01 | $0.03 | quarterly | 2015-05-01 |
2015-01-07 | $0.03 | quarterly | 2015-02-02 |
2014-10-08 | $0.03 | quarterly | 2014-11-03 |
2014-07-03 | $0.03 | quarterly | 2014-08-01 |
2014-04-03 | $0.03 | quarterly | 2014-05-01 |
2014-01-08 | $0.03 | quarterly | 2014-02-01 |
2013-10-09 | $0.03 | quarterly | 2013-11-01 |
2013-07-10 | $0.03 | quarterly | 2013-08-01 |
2013-04-03 | $0.03 | quarterly | 2013-05-01 |
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 1.83%. Interested in purchasing Northeast Community Bancorp stock? Use our calculator to estimate your expected dividend yield:
Northeast Community Bancorp Financial Ratios
Northeast Community Bancorp Dividend FAQ
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.
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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.
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.
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.