Berkshire Hills Bancorp Inc. (BHLB) Dividend History

$20.11 $0.06

Dividend Score
Dividend Yield
3.59%

Annual Payment
$0.72

Payout Ratio
26.19%
Dividend Increases
1 yrs

Price Chart

Key Metrics

Sector Financial Services
Industry Banks—Regional
Avg daily volume 250,865
Market cap 882,381,000
Beta 1
Trailing 12 Month EPS 2.28
Next Earnings Date
Ex-dividend date 2023-08-16
P/E ratio 8.76

Company Description

Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, small business banking, asset based lending, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. The company serves personal, commercial, non-profit, and municipal deposit customers. As of March 14, 2022, it operated 106 full-service branches in Massachusetts, New York, Connecticut, and Vermont. The company also has commercial banking offices in Providence, Rhode Island and New Haven, Connecticut. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.

Dividend Payments

Forward Yield
3.59%
Forward Payment
$0.72

Trailing Yield
2.87%
Trailing Payment
$0.66

Last Increase
Dec 01,22 50%
Last Cut
Sep 30,20 -50%

5 Year Average Yield
3.33%
% Below Current Yield
-7.77%

5 Year Div Growth Rate
-0.19%
Payment Frequency
Quarterly

Historical Dividend Payments