Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Peapack Private. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. The company also provides working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multi-family mortgages, and other forms of asset-based financing services; and residential mortgages, home equity lines of credit, and other second mortgage loans. In addition, it offers corporate and industrial (C&I) and equipment finance, commercial real estate, multifamily, residential, and consumer lending activities; treasury management services; C&I advisory services; escrow management; deposit generation; asset and investment management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; and other financial planning, tax preparation, and advisory services. Further, the company provides telephone and Internet banking, merchant credit card, and customer support sales services. Its private banking clients include businesses, non-profits, and consumers; and wealth management clients comprise individuals, families, foundations, endowments, trusts, and estates. The company operates its private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey; and wealth management branches in Somerset, Morris, Hunterdon, and Union counties, as well as operates automated teller machines at 20 locations. Peapack-Gladstone Financial Corporation was founded in 1921 and is headquartered in Bedminster, New Jersey.
Peapack-Gladstone Financial Dividend Announcement
• Peapack-Gladstone Financial announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-07
• Peapack-Gladstone Financial annual dividend for 2024 was $0.20
• Peapack-Gladstone Financial annual dividend for 2023 was $0.20
• Peapack-Gladstone Financial's trailing twelve-month (TTM) dividend yield is 0.55%
• Peapack-Gladstone Financial's payout ratio for the trailing twelve months (TTM) is 10.97%
Peapack-Gladstone Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-07 | $0.05 | quarterly | 2024-11-22 |
2024-08-08 | $0.05 | quarterly | 2024-08-22 |
2024-05-08 | $0.05 | quarterly | 2024-05-23 |
2024-02-07 | $0.05 | quarterly | 2024-02-23 |
2023-11-08 | $0.05 | quarterly | 2023-11-27 |
2023-08-09 | $0.05 | quarterly | 2023-08-24 |
2023-05-05 | $0.05 | quarterly | 2023-05-22 |
2023-02-08 | $0.05 | quarterly | 2023-02-23 |
2022-11-09 | $0.05 | quarterly | 2022-11-28 |
2022-08-10 | $0.05 | quarterly | 2022-08-25 |
2022-05-11 | $0.05 | quarterly | 2022-05-26 |
2022-02-09 | $0.05 | quarterly | 2022-02-25 |
2021-11-09 | $0.05 | quarterly | 2021-11-26 |
2021-08-09 | $0.05 | quarterly | 2021-08-24 |
2021-05-10 | $0.05 | quarterly | 2021-05-25 |
2021-02-10 | $0.05 | quarterly | 2021-02-26 |
2020-11-09 | $0.05 | quarterly | 2020-11-25 |
2020-08-10 | $0.05 | quarterly | 2020-08-25 |
2020-05-11 | $0.05 | quarterly | 2020-05-27 |
2020-02-10 | $0.05 | quarterly | 2020-02-26 |
2019-11-06 | $0.05 | quarterly | 2019-11-22 |
2019-08-07 | $0.05 | quarterly | 2019-08-22 |
2019-05-08 | $0.05 | quarterly | 2019-05-23 |
2019-02-06 | $0.05 | quarterly | 2019-02-22 |
2018-11-07 | $0.05 | quarterly | 2018-11-23 |
2018-08-08 | $0.05 | quarterly | 2018-08-23 |
2018-05-07 | $0.05 | quarterly | 2018-05-22 |
2018-02-07 | $0.05 | quarterly | 2018-02-23 |
2017-11-08 | $0.05 | quarterly | 2017-11-24 |
2017-08-07 | $0.05 | quarterly | 2017-08-23 |
2017-05-03 | $0.05 | quarterly | 2017-05-19 |
2017-02-07 | $0.05 | quarterly | 2017-02-23 |
2016-11-08 | $0.05 | quarterly | 2016-11-25 |
2016-08-09 | $0.05 | quarterly | 2016-08-25 |
2016-05-03 | $0.05 | quarterly | 2016-05-16 |
2016-02-09 | $0.05 | quarterly | 2016-02-25 |
2015-11-03 | $0.05 | quarterly | 2015-11-20 |
2015-08-03 | $0.05 | quarterly | 2015-08-19 |
2015-05-06 | $0.05 | quarterly | 2015-05-22 |
2015-01-29 | $0.05 | quarterly | 2015-02-13 |
2014-10-28 | $0.05 | quarterly | 2014-11-14 |
2014-07-29 | $0.05 | quarterly | 2014-08-14 |
2014-04-29 | $0.05 | quarterly | 2014-05-15 |
2014-02-04 | $0.05 | quarterly | 2014-02-21 |
2013-10-29 | $0.05 | quarterly | 2013-11-14 |
2013-07-30 | $0.05 | quarterly | 2013-08-15 |
2013-04-30 | $0.05 | quarterly | 2013-05-16 |
2013-01-30 | $0.05 | quarterly | 2013-02-15 |
Peapack-Gladstone Financial Dividend per year
Peapack-Gladstone Financial Dividend growth
Peapack-Gladstone Financial Dividend Yield
Peapack-Gladstone Financial current trailing twelve-month (TTM) dividend yield is 0.55%. Interested in purchasing Peapack-Gladstone Financial stock? Use our calculator to estimate your expected dividend yield:
Peapack-Gladstone Financial Financial Ratios
Peapack-Gladstone Financial Dividend FAQ
Other factors to consider when evaluating Peapack-Gladstone 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: Peapack-Gladstone 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, Peapack-Gladstone 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, Peapack-Gladstone 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 Peapack-Gladstone 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: Peapack-Gladstone 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, Peapack-Gladstone 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: Peapack-Gladstone 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 Peapack-Gladstone 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 Peapack-Gladstone 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.