Upcoming week’s Dividends
2022.12.18 10:45
Upcoming week’s Dividends
Budrigannews.com – It’s helpful to look at what businesses did this time last year because companies frequently establish a pattern of increasing dividends at the same time each year. However, as the holidays and year-end fast approach, only three companies raised their dividends this time last year through the end of 2021. One of these companies, Preferred Bank (NASDAQ:), raised its dividends once more this past week.
The other two names, which are listed below, both have a strong dividend streak of more than five years, indicating a stronger-than-average likelihood of subsequent dividend increases in the coming days. These outcomes, as always, are based on data from InvestingPro+ and StreetInsider. Subscribe to receive immediate dividend news.
NYSE: ServisFirst Bancshares raised by 15% last year, it currently has a payout ratio of 15.1%, a yield of 1.4%, and an annualized payout of $0.92. It has been growing dividends for eight years.
According to InvestingPro+ data, the overall analyst rating for ServisFirst is Neutral. In its second from last quarter discharge, it missed the agreement examiner gauge by $0.03 per share regardless of a 22% profit for each offer increment for the second from last quarter to $1.17. During a difficult week for the financial sector, shares have lost 12.1% over the past five sessions.
NASDAQ: Camden National raised by 11.1% last year, it currently has a payout ratio of 36.8%, a yield of 3.9%, and an annualized payout of $1.60. It has been increasing dividends for 5 years.
More China South City sold Xian for 717 million
The bank has a general Unbiased rating, per InvestingPro+ information, and it detailed Q3 EPS of $0.97 – $0.13 more terrible than the expert gauge of $1.10 and a 5% drop from the earlier year. Compared to the consensus estimate of $48.42 million, the quarter’s revenue was $44.58 million. The week saw a 2.6% decline in shares.
