At the end of February 09, 2024, RBB Bancorp RBB will reward its shareholders with a dividend payout of $0.16 per share, demonstrating an annualized dividend yield of 3.65%. Remember, only investors who held the stock before the ex-dividend date on January 30, 2024 will receive this payout.
RBB Bancorp Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-01-30 | 4 | $0.16 | 3.65% | 2024-01-18 | 2024-01-31 | 2024-02-09 |
| 2023-10-27 | 4 | $0.16 | 5.04% | 2023-10-19 | 2023-10-30 | 2023-11-10 |
| 2023-07-28 | 4 | $0.16 | 4.43% | 2023-07-20 | 2023-07-31 | 2023-08-11 |
| 2023-04-28 | 4 | $0.16 | 4.58% | 2023-04-20 | 2023-05-01 | 2023-05-12 |
| 2023-01-27 | 4 | $0.16 | 3.13% | 2023-01-19 | 2023-01-30 | 2023-02-10 |
| 2022-10-28 | 4 | $0.14 | 2.61% | 2022-10-20 | 2022-10-31 | 2022-11-11 |
| 2022-07-29 | 4 | $0.14 | 2.6% | 2022-07-21 | 2022-08-01 | 2022-08-12 |
| 2022-04-29 | 4 | $0.14 | 2.34% | 2022-04-21 | 2022-05-02 | 2022-05-06 |
| 2022-01-28 | 4 | $0.14 | 2.06% | 2022-01-20 | 2022-01-31 | 2022-02-01 |
| 2021-10-29 | 4 | $0.13 | 2.04% | 2021-10-21 | 2021-11-01 | 2021-11-12 |
| 2021-07-30 | 4 | $0.13 | 2.19% | 2021-07-22 | 2021-08-02 | 2021-08-13 |
| 2021-05-06 | 4 | $0.13 | 2.6% | 2021-04-26 | 2021-05-07 | 2021-05-14 |
With a dividend yield that places it neither at the top nor the bottom, RBB Bancorp finds itself in the middle among its industry peers, while Financial Institutions FISI boasts the highest annualized dividend yield at 6.36%.
Analyzing RBB Bancorp 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
Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $0.33 to $0.64, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For RBB Bancorp
The earnings chart illustrates an increase in RBB Bancorp's earnings per share, from $1.62 in 2020 to $2.71 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article delves into the recent dividend payout of RBB Bancorp and its implications for shareholders. Presently, the company is distributing a dividend of $0.16 per share, leading to an annualized dividend yield of 3.65%.
With a dividend yield that places it neither at the top nor the bottom, RBB Bancorp finds itself in the middle among its industry peers, while Financial Institutions boasts the highest annualized dividend yield at 6.36%.
Considering the increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, RBB Bancorp appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.
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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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