Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money market, NOW, savings, individual retirement, demand deposit, and certificates of deposit accounts. It also provides residential real estate, automobile, manufactured housing, personal, and home equity loans; and commercial real estate, working capital, construction, small business administration, and agricultural loans, as well as loans for equipment and other commercial needs, and mineral rights. In addition, the company offers investment management, IRA trustee, estate administration, living and life insurance trust, trustee under will, guardianship, custodial/IRA custodial, and corporate trust services, as well as pension and profit sharing plans. Further, it provides investment portfolio management, estate and business succession planning, annuities, insurance, retirement plan, and tax planning, as well as education funding strategies; and securities and brokerage, and investor services. Additionally, the company offers small business checking and merchant money market accounts, online and telephone banking, business credit cards, merchant line of credit, and financial checkup services; and remote deposit capture, automatic clearing house transaction, cash management, automated teller machine, point of sale transaction, safe deposit box, night depository, direct deposit, and official check services. It serves business, non-profit, governmental, municipal agency, and professional customers, as well as retail customers through 28 full-service community banking offices located in Allegheny, Bucks, Lackawanna, Lebanon, Lehigh, Luzerne, Monroe, Montgomery, Northampton, Susquehanna, and Wyoming Counties of Pennsylvania; Middlesex County of New Jersey; and Broome County of New York. The company was founded in 1905 and is headquartered in Scranton, Pennsylvania.
Peoples Financial Services Dividend Announcement
• Peoples Financial Services announced a quarterly dividend of $0.62 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• Peoples Financial Services annual dividend for 2024 was $2.06
• Peoples Financial Services annual dividend for 2023 was $1.64
• Peoples Financial Services's trailing twelve-month (TTM) dividend yield is 3.53%
• Peoples Financial Services's payout ratio for the trailing twelve months (TTM) is 191.69%
• Peoples Financial Services's dividend growth over the last five years (2018-2023) was 4.60% year
• Peoples Financial Services's dividend growth over the last ten years (2013-2023) was 5.95% year
Peoples Financial Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.62 | quarterly | 2024-12-13 |
2024-08-30 | $0.62 | quarterly | 2024-09-13 |
2024-05-31 | $0.41 | quarterly | 2024-06-14 |
2024-02-28 | $0.41 | quarterly | 2024-03-15 |
2023-11-29 | $0.41 | quarterly | 2023-12-15 |
2023-08-30 | $0.41 | quarterly | 2023-09-15 |
2023-05-30 | $0.41 | quarterly | 2023-06-15 |
2023-02-27 | $0.41 | quarterly | 2023-03-15 |
2022-11-29 | $0.40 | quarterly | 2022-12-15 |
2022-08-30 | $0.40 | quarterly | 2022-09-15 |
2022-05-27 | $0.39 | quarterly | 2022-06-15 |
2022-02-25 | $0.39 | quarterly | 2022-03-15 |
2021-11-29 | $0.38 | quarterly | 2021-12-15 |
2021-08-30 | $0.38 | quarterly | 2021-09-15 |
2021-05-27 | $0.37 | quarterly | 2021-06-15 |
2021-02-25 | $0.37 | quarterly | 2021-03-15 |
2020-11-27 | $0.36 | quarterly | 2020-12-15 |
2020-08-28 | $0.36 | quarterly | 2020-09-15 |
2020-05-28 | $0.36 | quarterly | 2020-06-15 |
2020-02-27 | $0.36 | quarterly | 2020-03-13 |
2019-11-27 | $0.35 | quarterly | 2019-12-13 |
2019-08-29 | $0.34 | quarterly | 2019-09-13 |
2019-05-30 | $0.34 | quarterly | 2019-06-14 |
2019-02-27 | $0.34 | quarterly | 2019-03-15 |
2018-11-29 | $0.33 | quarterly | 2018-12-14 |
2018-08-30 | $0.33 | quarterly | 2018-09-14 |
2018-05-30 | $0.33 | quarterly | 2018-06-15 |
2018-02-27 | $0.32 | quarterly | 2018-03-15 |
2017-11-29 | $0.32 | quarterly | 2017-12-15 |
2017-08-29 | $0.32 | quarterly | 2017-09-15 |
2017-05-26 | $0.31 | quarterly | 2017-06-15 |
2017-02-24 | $0.31 | quarterly | 2017-03-15 |
2016-11-28 | $0.31 | quarterly | 2016-12-15 |
2016-08-29 | $0.31 | quarterly | 2016-09-15 |
2016-05-26 | $0.31 | quarterly | 2016-06-15 |
2016-02-25 | $0.31 | quarterly | 2016-03-15 |
2015-11-25 | $0.31 | quarterly | 2015-12-15 |
2015-08-27 | $0.31 | quarterly | 2015-09-15 |
2015-05-27 | $0.31 | quarterly | 2015-06-15 |
2015-02-25 | $0.31 | quarterly | 2015-03-13 |
2014-11-25 | $0.31 | quarterly | 2014-12-15 |
2014-08-27 | $0.31 | quarterly | 2014-09-15 |
2014-05-28 | $0.31 | quarterly | 2014-06-13 |
2014-02-26 | $0.31 | quarterly | 2014-03-14 |
2013-10-29 | $0.23 | quarterly | 2013-11-15 |
2013-07-29 | $0.23 | quarterly | 2013-08-15 |
2013-04-26 | $0.23 | quarterly | 2013-05-15 |
2013-01-29 | $0.23 | quarterly | 2013-02-15 |
Peoples Financial Services Dividend per year
Peoples Financial Services Dividend growth
Peoples Financial Services Dividend Yield
Peoples Financial Services current trailing twelve-month (TTM) dividend yield is 3.53%. Interested in purchasing Peoples Financial Services stock? Use our calculator to estimate your expected dividend yield:
Peoples Financial Services Financial Ratios
Peoples Financial Services Dividend FAQ
Other factors to consider when evaluating Peoples Financial Services 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: Peoples Financial Services'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, Peoples Financial Services 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, Peoples Financial Services 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 Peoples Financial Services 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: Peoples Financial Services 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, Peoples Financial Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Peoples Financial Services 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 Peoples Financial Services'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 Peoples Financial Services'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.