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Provident Bancorp, Inc. operates as the bank holding company for The Provident Bank that provides various financial services to individuals and small businesses in the United States. It offers checking, term certificate, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit. The company also provides commercial real estate, multi-family residential real estate, commercial business, construction and land development, mortgage warehouse, one- to four-family residential, and consumer loans, as well as home equity loans and lines of credit; and invests in securities, and state and municipal bonds. As of December 31, 2021, it operated through its main office and six branch offices located in Amesbury and Newburyport, Massachusetts; and Bedford, Exeter, Portsmouth, and Seabrook, New Hampshire, as well as two loan production offices located in Boston, Massachusetts, and Ponte Vedra, Florida. The company was founded in 1828 and is headquartered in Amesbury, Massachusetts.

Provident Bancorp Dividend Announcement

Provident Bancorp announced a quarterly dividend of $0.04 per ordinary share which will be made payable on 2022-08-26. Ex dividend date: 2022-08-11
Provident Bancorp's trailing twelve-month (TTM) dividend yield is -%
Provident Bancorp's payout ratio for the trailing twelve months (TTM) is 0.07%

Provident Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-08-11$0.04quarterly2022-08-26
2022-05-12$0.04quarterly2022-05-27
2022-02-09$0.04quarterly2022-02-25
2021-11-12$0.04quarterly2021-11-29
2021-08-12$0.04quarterly2021-08-27
2021-05-06$0.04quarterly2021-05-21
2021-02-10$0.03quarterly2021-02-26
2020-11-04$0.03quarterly2020-11-19
2020-07-29$0.03quarterly2020-08-13
2020-04-29$0.03quarterly2020-05-14

Provident Bancorp Dividend per year

Provident Bancorp Dividend growth

Provident Bancorp Dividend Yield

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

Provident Bancorp Financial Ratios

P/E ratio24.25
PEG ratio1.23
P/B ratio0.76
ROE3.17%
Payout ratio0.07%
Current ratio0.18
Quick ratio0.36
Cash Ratio0.17

Provident Bancorp Dividend FAQ

How much is the next Provident Bancorp dividend?
Provident 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 Provident Bancorp dividend. The next Provident Bancorp dividend will be released in February, May, August, or November.
When is Provident Bancorp dividend paid?
Provident Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. 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 Provident Bancorp pay?
The specific amount of Provident 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 Provident Bancorp's dividend history.
Does Provident Bancorp stock pay dividends?
Yes, Provident 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 Provident Bancorp's dividend history.
How much dividend does Provident Bancorp pay?
Provident Bancorp paid $0.0 in 2024, $0.0 in 2023, $0.12 in 2022, $0.15 in 2021, and $0.09 in 2020.
How often does Provident Bancorp pay dividends?
Provident 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 February, May, August, and November.
What is Provident Bancorp's dividend yield?
The current dividend yield for Provident Bancorp is -%. 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 Provident Bancorp's exact dividend yield.
When does Provident Bancorp go ex dividend?
Provident Bancorp's ex-dividend date for the latest dividend was on 2022-08-11. Provident 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 Provident Bancorp dividend paid?
Provident Bancorp pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Provident 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 Provident 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 Provident Bancorp dividend per share?
Provident Bancorp paid $0.0 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that Provident 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 Provident 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 Provident 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 Provident Bancorp a dividend stock?
Yes, Provident Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Provident Bancorp a good dividend stock?
Whether Provident 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. Provident Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Provident 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 Provident Bancorp pay dividends monthly?
Provident Bancorp typically pays dividends on a quarterly basis.
Does Provident Bancorp pay dividends quarterly?
Provident Bancorp currently pays dividends on a quarterly basis.
Has Provident Bancorp ever paid a dividend?
Yes, Provident Bancorp has a history of paying dividends to its shareholders. Provident Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Provident Bancorp dividend stocks?
To buy Provident 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 Provident 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 Provident Bancorp pay dividends 2024?
Provident Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2022-08-26. 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 Provident Bancorp increase its dividend in 2024?
Decisions regarding Provident 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 Provident Bancorp dividend overview you can look into the above table of dividend history.
How Provident Bancorp dividend works?
The Provident 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 Provident Bancorp's dividend process works:

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

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