Here's What We Like About Provident Financial Holdings' (NASDAQ:PROV) Upcoming Dividend

editorial-team@simplywallst.com (Simply Wall St)

Sun, May 11, 2025, 6:11 AM 3 min read

Provident Financial Holdings, Inc. (NASDAQ:PROV) banal is astir to commercialized ex-dividend successful 3 days. Typically, the ex-dividend day is 1 concern time earlier the grounds date, which is the day connected which a institution determines the shareholders eligible to person a dividend. It is important to beryllium alert of the ex-dividend day due to the fact that immoderate commercialized connected the banal needs to person been settled connected oregon earlier the grounds date. This means that investors who acquisition Provident Financial Holdings' shares connected oregon aft the 15th of May volition not person the dividend, which volition beryllium paid connected the 5th of June.

The company's adjacent dividend outgo volition beryllium US$0.14 per share, and successful the past 12 months, the institution paid a full of US$0.56 per share. Looking astatine the past 12 months of distributions, Provident Financial Holdings has a trailing output of astir 3.7% connected its existent banal terms of US$15.05. Dividends are an important root of income to galore shareholders, but the wellness of the concern is important to maintaining those dividends. We request to spot whether the dividend is covered by net and if it's growing.

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If a institution pays retired much successful dividends than it earned, past the dividend mightiness go unsustainable - hardly an perfect situation. Provident Financial Holdings paid retired 58% of its net to investors past year, a mean payout level for astir businesses.

When a institution paid retired little successful dividends than it earned successful profit, this mostly suggests its dividend is affordable. The little the % of its nett that it pays out, the greater the borderline of information for the dividend if the concern enters a downturn.

Check retired our latest investigation for Provident Financial Holdings

Click here to spot however overmuch of its nett Provident Financial Holdings paid retired implicit the past 12 months.

Businesses with beardown maturation prospects usually marque the champion dividend payers, due to the fact that it's easier to turn dividends erstwhile net per stock are improving. If concern enters a downturn and the dividend is cut, the institution could spot its worth autumn precipitously. For this reason, we're gladsome to spot Provident Financial Holdings's net per stock person risen 11% per annum implicit the past 5 years.

The main mode astir investors volition measure a company's dividend prospects is by checking the humanities complaint of dividend growth. Provident Financial Holdings has delivered 2.4% dividend maturation per twelvemonth connected mean implicit the past 10 years. Earnings per stock person been increasing overmuch quicker than dividends, perchance due to the fact that Provident Financial Holdings is keeping backmost much of its profits to turn the business.