Today, August 31, 2023, Business First Bancshares BFST will distribute a dividend payout of $0.12 per share, highlighting an annualized dividend yield of 2.85%. Shareholders who owned the stock before the ex-dividend date on August 14, 2023 will be eligible for this payout.
Business First Bancshares Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-14 | 4 | $0.12 | 2.85% | 2023-07-27 | 2023-08-15 | 2023-08-31 |
| 2023-05-12 | 4 | $0.12 | 3.14% | 2023-04-27 | 2023-05-15 | 2023-05-31 |
| 2023-02-14 | 4 | $0.12 | 2.28% | 2023-01-25 | 2023-02-15 | 2023-02-28 |
| 2022-11-14 | 4 | $0.12 | 2.07% | 2022-10-26 | 2022-11-15 | 2022-11-30 |
| 2022-08-12 | 4 | $0.12 | 2.18% | 2022-07-26 | 2022-08-15 | 2022-08-31 |
| 2022-05-12 | 4 | $0.12 | 2.07% | 2022-04-26 | 2022-05-15 | 2022-05-31 |
| 2022-02-14 | 4 | $0.12 | 1.77% | 2022-01-24 | 2022-02-15 | 2022-02-28 |
| 2021-11-12 | 4 | $0.12 | 1.9% | 2021-10-20 | 2021-11-15 | 2021-11-30 |
| 2021-08-12 | 4 | $0.12 | 2.08% | 2021-07-22 | 2021-08-15 | 2021-08-31 |
| 2021-05-13 | 4 | $0.12 | 2.08% | 2021-04-22 | 2021-05-15 | 2021-05-31 |
| 2021-02-11 | 4 | $0.1 | 1.87% | 2021-01-25 | 2021-02-15 | 2021-02-28 |
| 2020-11-12 | 4 | $0.1 | 2.44% | 2020-10-22 | 2020-11-15 | 2020-11-30 |
Business First Bancshares's dividend yield falls in the middle range when compared to its industry peers, with Washington Trust Bancorp WASH having the highest annualized dividend yield at 7.98%.
Analyzing Business First Bancshares 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 2019 to 2022, with the dividend per share rising from $0.38 to $0.48. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Business First Bancshares
From 2019 to 2022, Business First Bancshares has demonstrated an upward trend in earnings, with earnings per share rising from $1.73 to $2.42. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
In this article, we explore the recent dividend payout of Business First Bancshares and its significance for shareholders. The company has decided to distribute a dividend of $0.12 per share today, which equates to an annualized dividend yield of 2.85%.
Business First Bancshares's dividend yield falls in the middle range when compared to its industry peers, with Washington Trust Bancorp having the highest annualized dividend yield at 7.98%.
The increase in both dividend per share and earnings per share from 2019 to 2022 for Business First Bancshares indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
\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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
