Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates in Commercial, Consumer Related, and Corporate & Other segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. The company operates 36 branch locations, as well as loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.
Western Alliance Bancorporation Dividend Announcement
• Western Alliance Bancorporation announced a quarterly dividend of $0.37 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-08-16
• Western Alliance Bancorporation annual dividend for 2024 was $1.11
• Western Alliance Bancorporation annual dividend for 2023 was $1.45
• Western Alliance Bancorporation's trailing twelve-month (TTM) dividend yield is 1.8%
• Western Alliance Bancorporation's payout ratio for the trailing twelve months (TTM) is 24.42%
Western Alliance Bancorporation Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-16 | $0.37 | quarterly | 2024-08-30 |
2024-05-15 | $0.37 | quarterly | 2024-05-31 |
2024-02-15 | $0.37 | quarterly | 2024-03-01 |
2023-11-16 | $0.37 | quarterly | 2023-12-01 |
2023-08-10 | $0.36 | quarterly | 2023-08-25 |
2023-05-11 | $0.36 | quarterly | 2023-05-26 |
2023-02-16 | $0.36 | quarterly | 2023-03-03 |
2022-11-17 | $0.36 | quarterly | 2022-12-02 |
2022-08-11 | $0.36 | quarterly | 2022-08-26 |
2022-05-12 | $0.35 | quarterly | 2022-05-27 |
2022-02-17 | $0.35 | quarterly | 2022-03-04 |
2021-11-18 | $0.35 | quarterly | 2021-12-03 |
2021-08-12 | $0.35 | quarterly | 2021-08-27 |
2021-05-13 | $0.25 | quarterly | 2021-05-28 |
2021-02-18 | $0.25 | quarterly | 2021-03-05 |
2020-11-12 | $0.25 | quarterly | 2020-11-27 |
2020-08-13 | $0.25 | quarterly | 2020-08-28 |
2020-05-14 | $0.25 | quarterly | 2020-05-29 |
2020-02-13 | $0.25 | quarterly | 2020-02-28 |
2019-11-14 | $0.25 | quarterly | 2019-11-29 |
2019-08-15 | $0.25 | quarterly | 2019-08-30 |
Western Alliance Bancorporation Dividend per year
Western Alliance Bancorporation Dividend growth
Western Alliance Bancorporation Dividend Yield
Western Alliance Bancorporation current trailing twelve-month (TTM) dividend yield is 1.8%. Interested in purchasing Western Alliance Bancorporation stock? Use our calculator to estimate your expected dividend yield:
Western Alliance Bancorporation Financial Ratios
Western Alliance Bancorporation Dividend FAQ
Other factors to consider when evaluating Western Alliance Bancorporation 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: Western Alliance Bancorporation'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, Western Alliance Bancorporation 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, Western Alliance Bancorporation 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 Western Alliance Bancorporation 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: Western Alliance Bancorporation 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, Western Alliance Bancorporation distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Western Alliance Bancorporation 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 Western Alliance Bancorporation'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 Western Alliance Bancorporation'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.