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Hanover Bancorp (Hanover Bancorp) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Hanover Bancorp 3-Year Dividend Growth Rate?

Hanover Bancorp's Dividends per Share for the three months ended in Mar. 2024 was $0.10.

The historical rank and industry rank for Hanover Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

HNVR's 3-Year Dividend Growth Rate is not ranked *
in the Banks industry.
Industry Median: 7.7
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Hanover Bancorp's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.18. As of today, Hanover Bancorp's Dividend Yield % is 2.42%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Hanover Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Hanover Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hanover Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hanover Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Hanover Bancorp's 3-Year Dividend Growth Rate falls into.



Hanover Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Hanover Bancorp  (NAS:HNVR) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Hanover Bancorp's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.1/ 0.55
=0.18

During the past 3 years, the highest Dividend Payout Ratio of Hanover Bancorp was 0.21. The lowest was 0.05. And the median was 0.05.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Hanover Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1000002024-05-072024-05-082024-05-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002024-02-062024-02-072024-02-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002023-11-072023-11-082023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1000002023-08-082023-08-092023-08-16Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Hanover Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.4/16.50
=2.42 %

Current Share Price is $16.50.
Hanover Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.4.

During the past 3 years, the highest Dividend Yield of Hanover Bancorp was 2.83%. The lowest was 0.48%. And the median was 2.20%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hanover Bancorp 3-Year Dividend Growth Rate Related Terms>


Hanover Bancorp (Hanover Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
80 East Jericho Turnpike, Mineola, NY, USA, 11501
Hanover Bancorp Inc is a United States-based banking company. It offers a full range of financial services and employs a complete suite of consumer and commercial banking products and services, including multi-family and commercial mortgages, residential loans, business loans, and lines of credit.
Executives
Philip A Okun director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Elena Sisti director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
John P Vivona officer: FSVP & Chief Risk Officer C/O HANOVER BANCORP, INC., 80 E JERICHO TURNPIKE, MINEOLA NY 11501
Katz Michael David M.d. director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Alice T Rouse officer: EVP & Chief Risk Officer C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Kevin Corbett officer: EVP & Chief Credit Officer C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Mcclelland W Wilcox officer: SEVP, C.Lending & Revenue Off. C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
John R Sorrenti director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Metin Negrin director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Ahron H Haspel director 220 EAST 65TH STREET, APT. 24G, NEW YORK NY 10065-6629
Lance P Burke officer: EVP & Chief Financial Officer C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Lisa A Diiorio officer: FSVP & Chief Accounting Off. C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Varkey Abraham director C/O HANOVER BANCORP, INC., 80 EAST JERICHO TURNPIKE, MINEOLA NY 11501
Robert Golden director C/O GOLDEN PROPERTIES GROUP, LLC, 420 DOUGHTY BLVD., INWOOD NY 11096
Brian K Finneran officer: President C/O SUFFOLK BANCORP, 4 WEST SECOND STREET, P.O. BOX 9000, RIVERHEAD NY 11901