By the close of today, August 30, 2023, BOK Financial BOKF will issue a dividend payout of $0.54 per share, resulting in an annualized dividend yield of 2.42%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on August 14, 2023.
BOK Financial Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-14 | 4 | $0.54 | 2.42% | 2023-08-01 | 2023-08-15 | 2023-08-30 |
| 2023-05-12 | 4 | $0.54 | 2.6% | 2023-05-02 | 2023-05-15 | 2023-05-30 |
| 2023-02-13 | 4 | $0.54 | 2.19% | 2023-01-31 | 2023-02-14 | 2023-02-28 |
| 2022-11-14 | 4 | $0.54 | 1.96% | 2022-11-01 | 2022-11-15 | 2022-11-25 |
| 2022-08-15 | 4 | $0.53 | 2.4% | 2022-08-02 | 2022-08-16 | 2022-08-25 |
| 2022-05-10 | 4 | $0.53 | 2.44% | 2022-05-09 | 2022-05-11 | 2022-05-25 |
| 2022-02-14 | 4 | $0.53 | 2.07% | 2022-02-01 | 2022-02-15 | 2022-02-23 |
| 2021-11-12 | 4 | $0.53 | 2.0% | 2021-11-03 | 2021-11-15 | 2021-11-24 |
| 2021-08-13 | 4 | $0.52 | 2.48% | 2021-08-03 | 2021-08-16 | 2021-08-26 |
| 2021-05-14 | 4 | $0.52 | 2.35% | 2021-05-04 | 2021-05-17 | 2021-05-27 |
| 2021-02-11 | 4 | $0.52 | 2.74% | 2021-02-02 | 2021-02-15 | 2021-02-23 |
| 2020-11-13 | 4 | $0.52 | 3.48% | 2020-11-03 | 2020-11-16 | 2020-11-24 |
With a dividend yield that places it neither at the top nor the bottom, BOK Financial finds itself in the middle among its industry peers, while Truist Finl TFC boasts the highest annualized dividend yield at 6.86%.
Analyzing BOK Financial 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
As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $2.01 in 2019 to $2.13 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For BOK Financial
From 2019 to 2022, BOK Financial experienced a decrease in earnings per share, dropping from $6.95 to $6.90. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
Recap
In this article, we delve into BOK Financial's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.54 per share today, resulting in an annualized dividend yield of 2.42%.
With a dividend yield that places it neither at the top nor the bottom, BOK Financial finds itself in the middle among its industry peers, while Truist Finl boasts the highest annualized dividend yield at 6.86%.
Given that BOK Financial has experienced an increase in dividend per share from 2019 to 2022 along with a decrease in earnings per share, it could indicate that the company is prioritizing dividend distribution to shareholders despite challenges in earnings growth.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on BOK Financial's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
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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