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Elevating Investor Returns: Pacific Premier Bancorp Delivers Strong Performance and Growing Profits

Author: Benzinga Insights | February 16, 2024 11:05am

By the close of today, February 16, 2024, Pacific Premier Bancorp (NASDAQ:PPBI) will issue a dividend payout of $0.33 per share, resulting in an annualized dividend yield of 4.72%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on February 08, 2024.

Pacific Premier Bancorp Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2024-02-08 4 $0.33 4.72% 2024-01-27 2024-02-09 2024-02-16
2023-11-02 4 $0.33 6.43% 2023-10-23 2023-11-03 2023-11-13
2023-08-04 4 $0.33 5.43% 2023-07-25 2023-08-07 2023-08-14
2023-05-05 4 $0.33 5.91% 2023-04-24 2023-05-08 2023-05-15
2023-02-02 4 $0.33 4.3% 2023-01-24 2023-02-03 2023-02-10
2022-10-28 4 $0.33 3.77% 2022-10-19 2022-10-31 2022-11-10
2022-07-29 4 $0.33 4.37% 2022-07-19 2022-08-01 2022-08-12
2022-05-05 4 $0.33 3.7% 2022-04-22 2022-05-06 2022-05-13
2022-02-03 4 $0.33 2.98% 2022-01-18 2022-02-04 2022-02-11
2021-10-29 4 $0.33 3.15% 2021-10-19 2021-11-01 2021-11-12
2021-08-05 4 $0.33 3.55% 2021-07-23 2021-08-06 2021-08-13
2021-05-06 4 $0.33 3.17% 2021-04-23 2021-05-07 2021-05-14

With a dividend yield that places it neither at the top nor the bottom, Pacific Premier Bancorp finds itself in the middle among its industry peers, while First Interstate BancSys (NASDAQ:FIBK) boasts the highest annualized dividend yield at 7.02%.

Analyzing Pacific Premier 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

dividend chart graph

The company demonstrated a positive dividend growth pattern from 2020 to 2023, with the dividend per share rising from $1.03 to $1.32. This signifies the company's commitment to consistently increasing shareholder dividends.

YoY Earnings Growth For Pacific Premier Bancorp

earning chart graph

From 2020 to 2023, Pacific Premier Bancorp has demonstrated an upward trend in earnings, with earnings per share rising from $0.41 to $2.51. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.

Recap

In this article, we delve into Pacific Premier Bancorp's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.33 per share today, resulting in an annualized dividend yield of 4.72%.

With a dividend yield that places it neither at the top nor the bottom, Pacific Premier Bancorp finds itself in the middle among its industry peers, while First Interstate BancSys boasts the highest annualized dividend yield at 7.02%.

Considering the increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, Pacific Premier Bancorp appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.

Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.

\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: FIBK PPBI

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