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Northrim BanCorp (NRIM) Dividend Yield, Date & History

Northrim BanCorp logo
$78.90 +0.80 (+1.02%)
(As of 12/24/2024 01:48 PM ET)

Northrim BanCorp Dividend Summary

Dividend Yield
3.14%
Annual Dividend
$2.48
Next
Dividend Payment
Dec. 27
Dividend Increase
Track Record
15 Years
Annualized 3-Year
Dividend Growth
20.26%
Dividend Payout Ratio
42.32%

Northrim BanCorp (NRIM) pays an annual dividend of $2.48 per share, with a dividend yield of 3.14%. The next quarterly payment of $0.62 per share is scheduled for Friday, December 27, to investors who owned the stock before the ex-dividend date of Thursday, December 19. NRIM has grown its dividend for 15 consecutive years, with an average annual increase of 6.34%. The company currently pays out 42.32% of its earnings and 50.04% of its cash flow as dividends.

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NRIM Dividend Payments by Quarter

The chart below displays up to four years of Northrim BanCorp's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

NRIM Dividend Yield Over Time

The chart below tracks Northrim BanCorp's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Northrim BanCorp vs. The Competition

Compare Northrim BanCorp's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeNorthrim BanCorpFinance CompaniesNASDAQ Companies
Annual Dividend$2.48$0.02$1.30
Dividend Yield3.14%5.70%4.28%
Annualized 3-Year Dividend Growth20.26%12.89%14.22%
Track Record15 years18 years19 years

Northrim BanCorp Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings42.32%
Based on This Year's Estimate38.87%
Based on Next Year's Estimate31.16%
Based on Cashflow50.04%

Northrim BanCorp Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/5/2024quarterly$0.62 - 2.88%12/19/202412/19/202412/27/2024
8/23/2024Quarterly$0.62+$0.01
1.64%
3.66%9/5/20249/5/20249/13/2024
5/24/2024Quarterly$0.61 - 4.53%6/6/20246/6/20246/14/2024
1/25/2024Quarterly$0.61+$0.01
1.67%
4.55%3/6/20243/7/20243/15/2024
12/1/2023Quarterly$0.60 - 4.64%12/13/202312/14/202312/22/2023
8/25/2023Quarterly$0.60 - 5.66%9/6/20239/7/20239/15/2023
5/26/2023Quarterly$0.60 - 6.3%6/7/20236/8/20236/16/2023
2/24/2023Quarterly$0.60+$0.10
20.00%
4.56%3/8/20233/9/20233/17/2023

This table shows Northrim BanCorp's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Northrim BanCorp Dividend - Frequently Asked Questions

The current dividend yield for Northrim BanCorp is 3.14%. Learn more on NRIM's dividend yield history.

The annual dividend for NRIM shares is $2.48. Learn more on NRIM's annual dividend history.

Northrim BanCorp pays quarterly dividends to shareholders.

Northrim BanCorp's next quarterly dividend payment of $0.62 per share will be made to shareholders on Friday, December 27, 2024.

Northrim BanCorp's most recent quarterly dividend payment of $0.62 per share was made to shareholders on Friday, September 13, 2024.

Northrim BanCorp's most recent ex-dividend date was Thursday, December 19, 2024.

Over the past three years, the company's dividend has grown by an average of 20.26% per year.

Northrim BanCorp has increased its dividend for the past 15 consecutive years.

The most recent change in the company's dividend was an increase of $0.01 on Friday, August 23, 2024.

The dividend payout ratio for NRIM is:
  • 42.32% based on the trailing year of earnings
  • 38.87% based on this year's estimates
  • 31.16% based on next year's estimates
  • 50.04% based on cash flow

Northrim BanCorp's dividend yield of 3.22% is lower than the average Finance company that issues a dividend. The company's 15 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Northrim BanCorp's dividend payout ratio of 42.32% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Northrim BanCorp stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NASDAQ:NRIM) was last updated on 12/26/2024 by MarketBeat.com Staff
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