By the close of today, February 21, 2024, CapStar Finl Hldgs CSTR will issue a dividend payout of $0.11 per share, resulting in an annualized dividend yield of 2.32%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on February 06, 2024.
CapStar Finl Hldgs Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-06 | 4 | $0.11 | 2.32% | 2024-01-29 | 2024-02-07 | 2024-02-21 |
| 2023-11-07 | 4 | $0.11 | 2.94% | 2023-10-26 | 2023-11-08 | 2023-11-22 |
| 2023-08-08 | 4 | $0.11 | 3.3% | 2023-07-19 | 2023-08-09 | 2023-08-23 |
| 2023-05-09 | 4 | $0.11 | 3.13% | 2023-04-19 | 2023-05-10 | 2023-05-24 |
| 2023-02-07 | 4 | $0.1 | 2.2% | 2023-01-18 | 2023-02-08 | 2023-02-22 |
| 2022-11-08 | 4 | $0.1 | 2.07% | 2022-10-19 | 2022-11-09 | 2022-11-23 |
| 2022-08-09 | 4 | $0.1 | 1.96% | 2022-07-20 | 2022-08-10 | 2022-08-24 |
| 2022-05-10 | 4 | $0.1 | 1.9% | 2022-04-21 | 2022-05-11 | 2022-05-25 |
| 2022-02-08 | 4 | $0.06 | 1.12% | 2022-01-27 | 2022-02-09 | 2022-02-23 |
| 2021-11-09 | 4 | $0.06 | 1.1% | 2021-10-21 | 2021-11-10 | 2021-11-24 |
| 2021-08-10 | 4 | $0.06 | 1.15% | 2021-07-22 | 2021-08-11 | 2021-08-25 |
| 2021-05-11 | 4 | $0.06 | 1.35% | 2021-04-22 | 2021-05-12 | 2021-05-26 |
CapStar Finl Hldgs's dividend yield falls in the middle range when compared to its industry peers, with Kearny Financial KRNY having the highest annualized dividend yield at 6.62%.
Analyzing CapStar Finl Hldgs Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2020 to 2023, with the dividend per share rising from $0.20 to $0.43. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For CapStar Finl Hldgs
The earnings chart above shows that from 2020 to 2023, CapStar Finl Hldgs has experienced an increase in their earnings from $1.17 per share to $1.57 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article provides an in-depth analysis of CapStar Finl Hldgs's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.11 per share, resulting in an annualized dividend yield of 2.32%.
CapStar Finl Hldgs's dividend yield falls in the middle range when compared to its industry peers, with Kearny Financial having the highest annualized dividend yield at 6.62%.
Given that CapStar Finl Hldgs has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
[Track real-time stock fluctuations for CapStar Finl Hldgs on Benzinga.](https://www.benzinga.com/quote/CapStar Finl Hldgs (NASDAQ: CSTR))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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