By the end of today, February 28, 2024, Hilltop Hldgs (NYSE:HTH) is set to deliver a dividend payout of $0.17 per share, equating to an annualized dividend yield of 2.00%. The company's dividend payout went ex-dividend on February 09, 2024, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
Hilltop Hldgs Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-09 | 4$0.17 | 2.0% | 2024-01-25 | 2024-02-12 | 2024-02-28 | |
| 2023-11-10 | 4$0.16 | 2.27% | 2023-10-19 | 2023-11-13 | 2023-11-28 | |
| 2023-08-10 | 4$0.16 | 1.93% | 2023-07-20 | 2023-08-11 | 2023-08-25 | |
| 2023-05-09 | 4$0.16 | 2.15% | 2023-04-20 | 2023-05-10 | 2023-05-25 | |
| 2023-02-09 | 4$0.16 | 2.11% | 2023-01-26 | 2023-02-10 | 2023-02-24 | |
| 2022-11-09 | 4$0.15 | 2.33% | 2022-10-20 | 2022-11-11 | 2022-11-25 | |
| 2022-08-11 | 4$0.15 | 2.13% | 2022-07-21 | 2022-08-12 | 2022-08-26 | |
| 2022-05-12 | 4$0.15 | 2.07% | 2022-04-21 | 2022-05-13 | 2022-05-27 | |
| 2022-02-14 | 4$0.15 | 1.71% | 2022-01-27 | 2022-02-15 | 2022-02-28 | |
| 2021-11-12 | 4$0.12 | 1.42% | 2021-10-28 | 2021-11-15 | 2021-11-30 | |
| 2021-08-12 | 4$0.12 | 1.43% | 2021-07-22 | 2021-08-13 | 2021-08-31 | |
| 2021-05-13 | 4$0.12 | 1.44% | 2021-04-22 | 2021-05-14 | 2021-05-28 |
Hilltop Hldgs's dividend yield falls in the middle range when compared to its industry peers, with Pacific Premier Bancorp (NASDAQ:PPBI) having the highest annualized dividend yield at 5.66%.
Analyzing Hilltop Hldgs 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 2020 to 2023, with the dividend per share rising from $0.36 to $0.64. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Hilltop Hldgs
The earnings chart above reveals a decrease in Hilltop Hldgs's earnings per share, declining from $3.82 in 2020 to $1.64 in 2023. This could raise concerns for income-seeking investors, as it suggests a decline in the company's profitability. It is crucial to closely monitor the situation and assess the factors contributing to this decrease, as it may have implications for future cash dividend payouts.
Recap
In this article, we explore the recent dividend payout of Hilltop Hldgs and its significance for shareholders. The company has decided to distribute a dividend of $0.17 per share today, which equates to an annualized dividend yield of 2.00%.
Hilltop Hldgs's dividend yield falls in the middle range when compared to its industry peers, with Pacific Premier Bancorp having the highest annualized dividend yield at 5.66%.
Considering the increase in dividend per share from 2020 to 2023 alongside a decrease in earnings per share, Hilltop Hldgs appears to be focusing on maintaining dividend payments even with a decline in profitability.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.