At the end of November 16, 2023, New York Community NYCB will reward its shareholders with a dividend payout of $0.17 per share, demonstrating an annualized dividend yield of 6.73%. Remember, only investors who held the stock before the ex-dividend date on November 03, 2023 will receive this payout.
New York Community Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-03 | 4 | $0.17 | 6.73% | 2023-10-26 | 2023-11-06 | 2023-11-16 |
| 2024-02-05 | 4 | $0.17 | 6.6% | 2023-10-25 | 2024-02-06 | 2024-02-16 |
| 2023-08-04 | 4 | $0.17 | 5.56% | 2023-07-25 | 2023-08-07 | 2023-08-17 |
| 2023-05-05 | 4 | $0.17 | 7.43% | 2023-04-25 | 2023-05-08 | 2023-05-18 |
| 2023-02-03 | 4 | $0.17 | 6.97% | 2023-01-24 | 2023-02-06 | 2023-02-16 |
| 2022-11-04 | 4 | $0.17 | 7.79% | 2022-10-25 | 2022-11-07 | 2022-11-17 |
| 2022-08-05 | 4 | $0.17 | 7.24% | 2022-07-27 | 2022-08-08 | 2022-08-18 |
| 2022-05-06 | 4 | $0.17 | 6.97% | 2022-04-27 | 2022-05-09 | 2022-05-19 |
| 2022-02-04 | 4 | $0.17 | 5.58% | 2022-01-26 | 2022-02-07 | 2022-02-17 |
| 2021-11-04 | 4 | $0.17 | 4.88% | 2021-10-27 | 2021-11-06 | 2021-11-16 |
| 2021-08-05 | 4 | $0.17 | 6.18% | 2021-07-28 | 2021-08-07 | 2021-08-17 |
| 2021-05-06 | 4 | $0.17 | 5.67% | 2021-04-26 | 2021-05-07 | 2021-05-18 |
With the highest dividend yield among its industry peers, New York Community outshines Truist Finl TFC, who have an annualized dividend yield of 6.52%.
Analyzing New York Community 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 observed a stable dividend per share of $0.68 throughout this period. This indicates a consistent dividend policy maintained by the company, providing stability to shareholders. Investors can rely on the company's consistent dividend payout to generate a steady income stream.
YoY Earnings Growth For New York Community
From 2019 to 2022, New York Community experienced a growth in earnings per share, with an increase from $0.76 to $1.29. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
This article provides an in-depth analysis of New York Community's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.17 per share, resulting in an annualized dividend yield of 6.73%.
With the highest dividend yield among its industry peers, New York Community outshines Truist Finl, who have an annualized dividend yield of 6.52%.
Despite maintaining an unchanged dividend per share from 2019 to 2022, the steady increase in earnings per share for New York Community suggests a strong financial standing and positions the company to continue distributing their profits back to their investors.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
[Track real-time stock fluctuations for New York Community on Benzinga.](https://www.benzinga.com/quote/New York Community (NYSE: NYCB))
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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