PFS Dividend Dates 2023

Company Description

Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States.

The company’s deposit products include savings, checking, interest-bearing checking, money market deposit, and certificate of deposit accounts, as well as IRA products.

Its loan portfolio comprises commercial real estate loans that are secured by properties, such as multi-family apartment buildings, office buildings, and retail and industrial properties; commercial business loans; fixed-rate and adjustable-rate mortgage loans collateralized by one- to four-family residential real estate properties; commercial construction loans; and consumer loans consisting of home equity loans, home equity lines of credit, marine loans, personal loans and unsecured lines of credit, and auto and recreational vehicle loans.

The company also offers cash management, remote deposit capture, payroll origination, escrow account management, and online and mobile banking services; and business credit cards.

In addition, it provides wealth management services comprising investment management, trust and estate administration, financial planning, tax compliance and planning, and private banking.

Further, the company sells insurance and investment products, including annuities; operates as a real estate investment trust for acquiring mortgage loans and other real estate related assets; and manages and sells real estate properties acquired through foreclosure.

As of December 31, 2021, it operated 96 full-service branch offices in northern and central New Jersey, as well as in Pennsylvania and New York counties.

The company was founded in 1839 and is headquartered in Jersey City, New Jersey.

For a company founded more than 100 years ago is considered to be quite old in the stock market. Provident Financial Services has 1,119 employees. For more information about this company, please visit their website.

Analysis

We believe using more recent dividend history can provide better dividend analysis for a company.

The most recent PFS dividend details are as follows:
The dividend will be payable on MAY 26, 2023, to stockholders of record on MAY 12, 2023, with an ex-dividend date of MAY 11, 2023. This dividend is $0.240.
There is no change from the prior dividend.

Based on our analysis, from NOV 13, 2012, PFS pays dividend 45 times.
Total dividend paid so far is $8.81. Average dividend is $0.20.
Maximum dividend is $0.24 while minimum dividend is $0.13.

Dividend Forecast

According to recent data, over last 11 years, PFS pays dividend consistently 45 times. In terms of dividend payment consistency, we rate it ten out of ten, which means the future dividend payment is fairly predictable and reliable. If investors are looking for dividend stocks, this could be one of the good indicators. On the other hand, frequent dividend payment during the year means investors don’t need to wait for too long to get dividend payment. It is good for someone lives on stock dividends as a source of income.

Compared with other stocks

Another way to look at a stock’s dividend is to compare it to a peer company’s dividend. If two stocks are in the same industry and have a similar market capitalisation, then they are considered similar.

Code MarketCap(M) Last Dividend
MPWR 17,220 $0.750
OSG 172 $0.480
BIP 17,210 $0.360
PFS 1,720 $0.240
BGS 1,720 $0.190
TCOM 17,200 $0.000
SHAK 1,720 $0.000
AMPH 1,720 $0.000
GATO 173 $0.000
CRM 171,870 $0.000
GOGO 1,720 $0.000

As can be seen from the comparison table above, PFS ranks number four in this group of eleven stocks with the latest dividend of $0.240.

Dividend History

Ex-Dividend Date Dividend Payment Date Record Date
11/05/2023 $0.24 26/05/2023 12/05/2023
09/02/2023 $0.24 24/02/2023 10/02/2023
09/11/2022 $0.24 25/11/2022 10/11/2022
11/08/2022 $0.24 26/08/2022 12/08/2022
12/05/2022 $0.24 27/05/2022 13/05/2022
10/02/2022 $0.24 25/02/2022 11/02/2022
10/11/2021 $0.24 26/11/2021 12/11/2021
12/08/2021 $0.23 27/08/2021 13/08/2021
13/05/2021 $0.23 28/05/2021 14/05/2021
11/02/2021 $0.23 26/02/2021 12/02/2021
12/11/2020 $0.23 27/11/2020 13/11/2020
13/08/2020 $0.23 28/08/2020 14/08/2020
14/05/2020 $0.23 29/05/2020 15/05/2020
13/02/2020 $0.23 28/02/2020 14/02/2020
14/11/2019 $0.23 29/11/2019 15/11/2019
14/08/2019 $0.23 30/08/2019 15/08/2019
14/05/2019 $0.23 31/05/2019 15/05/2019
14/02/2019 $0.43 28/02/2019 15/02/2019
14/11/2018 $0.21 30/11/2018 15/11/2018
14/08/2018 $0.21 31/08/2018 15/08/2018
14/05/2018 $0.2 31/05/2018 15/05/2018
14/02/2018 $0.2 28/02/2018 15/02/2018
07/12/2017 $0.15 22/12/2017 08/12/2017
14/11/2017 $0.2 30/11/2017 15/11/2017
11/08/2017 $0.2 31/08/2017 15/08/2017

PFS Dividend Growth Chart

A picture is better than thousands of words. The following chart shows you PFS dividend growth over the years.