Hanover Bancorp Dividends
| HNVR Stock | USD 23.74 1.73 6.79% |
As of 12/22/2024, Dividend Paid And Capex Coverage Ratio is likely to grow to 3.62, while Dividends Paid is likely to drop slightly above 2.5 M. Hanover Bancorp's past performance could be the main factor of why investors trade Hanover Bancorp stock today. Investors should clearly understand every aspect of the Hanover Bancorp dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Hanover Bancorp's dividend schedule and payout information. Hanover Bancorp dividends can also provide a clue to the current valuation of Hanover Bancorp.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 3.4 M | 2.5 M | |
| Dividend Yield | 0.02 | 0.02 | |
| Dividend Payout Ratio | 0.17 | 0.11 | |
| Dividend Paid And Capex Coverage Ratio | 2.33 | 3.62 |
Hanover |
Investing in dividend-paying stocks, such as Hanover Bancorp is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Hanover Bancorp must own a stock before its ex-dividend date to receive its next dividend.
Hanover Bancorp Dividends Paid Over Time
Today, most investors in Hanover Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hanover Bancorp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hanover Bancorp dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
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Hanover Bancorp Historical Dividend Yield Growth
A solid dividend growth pattern of Hanover Bancorp could indicate future dividend growth is likely, which can signal long-term profitability for Hanover Bancorp. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Hanover Bancorp dividend as a percentage of Hanover Bancorp stock price. Hanover Bancorp dividend yield is a measure of Hanover Bancorp stock productivity, which can be interpreted as interest rate earned on an Hanover Bancorp investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
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Recent Hanover Bancorp Dividends Paid (per share)
Dividends Paid |
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Hanover Bancorp Expected Dividend Income Per Share
Dividend payment represents part of Hanover Bancorp's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Hanover Bancorp. Hanover Bancorp's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.26 Bottom Scenario | $0.27 | $0.27 Top Scenario |
One Year
Hanover Bancorp expected dividend income per share adjusted for ongoing price standard deviation
Hanover Bancorp Past Distributions to stockholders
| 13th of November 2024 | ||
| 14th of August 2024 | ||
| 15th of May 2024 | ||
| 14th of February 2024 | ||
| 15th of November 2023 | ||
| 16th of August 2023 | ||
| 17th of May 2023 | ||
| 14th of February 2023 |
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanover Bancorp. If investors know Hanover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanover Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Earnings Share 1.84 | Revenue Per Share 1.103 | Quarterly Revenue Growth 0.123 | Return On Assets 0.0066 |
The market value of Hanover Bancorp is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Hanover Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanover Bancorp's market value can be influenced by many factors that don't directly affect Hanover Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanover Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.