Pacific Financial Corporation operates as the bank holding company for Bank of the Pacific that provides various banking products and services in Washington and Oregon. The company offers personal and business checking, and savings accounts; certificates of deposit, individual retirement accounts, and other investment options; home loans; and auto and recreation loans, credit cards, and home equity line of credit. It also provides business and commercial loans, commercial real estate loans, and SBA guaranteed loans, as well as inventory, equipment, and working capital loans; Visa business cards; and cash/treasury management, merchant, and online and mobile banking services. The company operates fourteen branches in the communities of Grays Harbor, Pacific, Whatcom, Clark, Skagit, and Wahkiakum counties in the state of Washington; and two branches in Clatsop County, Oregon. It also operates three loan production offices in the communities of Burlington, Washington and Salem and Eugene, Oregon. The company was founded in 1971 and is headquartered in Aberdeen, Washington.
Pacific Financial Dividend Announcement
• Pacific Financial announced a quarterly dividend of $0.14 per ordinary share which will be made payable on . Ex dividend date: 2024-11-22
• Pacific Financial annual dividend for 2024 was $0.70
• Pacific Financial annual dividend for 2023 was $0.53
• Pacific Financial's trailing twelve-month (TTM) dividend yield is 4.75%
• Pacific Financial's dividend growth over the last five years (2018-2023) was 12.05% year
• Pacific Financial's dividend growth over the last ten years (2013-2023) was 10.24% year
Pacific Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-22 | $0.14 | quarterly | |
2024-11-08 | $0.14 | quarterly | 2024-11-22 |
2024-08-09 | $0.14 | quarterly | 2024-08-23 |
2024-05-09 | $0.14 | quarterly | 2024-05-24 |
2024-02-08 | $0.14 | quarterly | 2024-02-23 |
2023-11-09 | $0.14 | quarterly | 2023-11-24 |
2023-08-10 | $0.13 | quarterly | 2023-08-25 |
2023-05-11 | $0.13 | quarterly | 2023-05-26 |
2023-02-09 | $0.13 | quarterly | 2023-02-24 |
2022-11-09 | $0.13 | quarterly | 2022-11-25 |
2022-08-10 | $0.13 | quarterly | 2022-08-25 |
2022-05-12 | $0.13 | quarterly | 2022-05-27 |
2022-02-11 | $0.13 | quarterly | 2022-02-28 |
2021-11-09 | $0.13 | quarterly | 2021-11-25 |
2021-08-11 | $0.13 | quarterly | 2021-08-26 |
2021-05-17 | $0.13 | quarterly | 2021-06-02 |
2021-02-09 | $0.13 | quarterly | 2021-02-24 |
2020-11-09 | $0.08 | quarterly | 2020-11-24 |
2020-08-11 | $0.08 | quarterly | 2020-08-26 |
2020-05-18 | $0.11 | quarterly | 2020-06-02 |
2020-02-11 | $0.11 | quarterly | 2020-02-26 |
2019-11-08 | $0.11 | quarterly | 2019-11-25 |
2019-08-02 | $0.20 | quarterly | 2019-08-26 |
2018-12-28 | $0.30 | quarterly | 2019-01-10 |
2017-12-28 | $0.25 | quarterly | 2018-01-08 |
2016-12-28 | $0.23 | quarterly | |
2015-12-29 | $0.22 | quarterly | |
2014-12-30 | $0.21 | quarterly | |
2013-12-27 | $0.20 | quarterly |
Pacific Financial Dividend per year
Pacific Financial Dividend growth
Pacific Financial Dividend Yield
Pacific Financial current trailing twelve-month (TTM) dividend yield is 4.75%. Interested in purchasing Pacific Financial stock? Use our calculator to estimate your expected dividend yield:
Pacific Financial Financial Ratios
Pacific Financial Dividend FAQ
Other factors to consider when evaluating Pacific Financial 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: Pacific Financial'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, Pacific Financial 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, Pacific Financial 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 Pacific Financial 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: Pacific Financial 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, Pacific Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pacific Financial 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 Pacific Financial'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 Pacific Financial'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.