GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Western Alliance Bancorp (STU:WEA) » Definitions » 3-Year Dividend Growth Rate

Western Alliance Bancorp (STU:WEA) 3-Year Dividend Growth Rate : 13.20% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Western Alliance Bancorp 3-Year Dividend Growth Rate?

Western Alliance Bancorp's Dividends per Share for the three months ended in Mar. 2024 was €0.34.

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

STU:WEA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 13.2   Med: 27.4   Max: 41.6
Current: 13.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Western Alliance Bancorp was 41.60% per year. The lowest was 13.20% per year. And the median was 27.40% per year.

STU:WEA's 3-Year Dividend Growth Rate is ranked better than
67.36% of 772 companies
in the Banks industry
Industry Median: 7.7 vs STU:WEA: 13.20

During the past 12 months, Western Alliance Bancorp's average Dividends Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.20% per year. 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.

Western Alliance Bancorp's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.22. As of today, Western Alliance Bancorp's Dividend Yield % is 2.28%.

Warning Sign:

Western Alliance Bancorp stock dividend yield is close to 1-year low.

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


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

For the Banks - Regional subindustry, Western Alliance 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.


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

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

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



Western Alliance 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.


Western Alliance Bancorp  (STU:WEA) 3-Year Dividend Growth Rate Explanation

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

Western Alliance 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 )
=0.34/ 1.582
=0.21

During the past 13 years, the highest Dividend Payout Ratio of Western Alliance Bancorp was 0.24. The lowest was 0.10. And the median was 0.15.

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

Western Alliance Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3700002024-05-152024-05-162024-05-31Cash DividendquarterlyUSD:EUR 0.932000
USD 0.3700002024-02-152024-02-162024-03-01Cash DividendquarterlyUSD:EUR 0.927000
USD 0.3700002023-11-162023-11-172023-12-01Cash DividendquarterlyUSD:EUR 0.924000
USD 0.3600002023-08-102023-08-112023-08-25Cash DividendquarterlyUSD:EUR 0.917000

* 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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.35983/59.52
=2.28 %

Current Share Price is €59.52.
Western Alliance Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.35983.

During the past 13 years, the highest Dividend Yield of Western Alliance Bancorp was 5.27%. The lowest was 0.44%. And the median was 1.90%.

Warning Sign:

Western Alliance Bancorp stock dividend yield is close to 1-year low.

* 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.


Western Alliance Bancorp 3-Year Dividend Growth Rate Related Terms>


Western Alliance Bancorp (STU:WEA) Business Description

Traded in Other Exchanges
Address
One East Washington Street, Suite 1400, Phoenix, AZ, USA, 85004
Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans, mainly for real estate. The bank also has an investment advisory business that manages investment portfolios for Western clients and clients of other banks.