MidWestOne Financial Group (MidWestOne Financial Group) Dividend Payout Ratio : 1.16 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is MidWestOne Financial Group Dividend Payout Ratio?

MidWestOne Financial Group's dividend payout ratio for the months ended in Mar. 2024 was 1.16.

The historical rank and industry rank for MidWestOne Financial Group's Dividend Payout Ratio or its related term are showing as below:

MOFG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.29 Max: 0.73
Current: 0.68

During the past 13 years, the highest Dividend Payout Ratio of MidWestOne Financial Group was 0.73. The lowest was 0.21. And the median was 0.29.

MOFG's Dividend Payout Ratio is ranked worse than
86.79% of 1090 companies
in the Banks industry
Industry Median: 0.35 vs MOFG: 0.68

As of today (2024-05-15), the Dividend Yield % of MidWestOne Financial Group is 4.47%.

During the past 13 years, the highest Trailing Annual Dividend Yield of MidWestOne Financial Group was 5.23%. The lowest was 1.59%. And the median was 2.34%.

MidWestOne Financial Group's Dividends per Share for the months ended in Mar. 2024 was $0.24.

During the past 12 months, MidWestOne Financial Group's average Dividends Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MidWestOne Financial Group was 38.10% per year. The lowest was -21.70% per year. And the median was 8.20% per year.

The growth rate is calculated with least square regression.

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

MidWestOne Financial Group Dividend Payout Ratio Historical Data

The historical data trend for MidWestOne Financial Group's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

MidWestOne Financial Group Dividend Payout Ratio Chart

MidWestOne Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.28

0.48

0.21

0.25

0.73

MidWestOne Financial Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															2.70	0.51	0.42	1.43	1.16

Competitive Comparison of MidWestOne Financial Group's Dividend Payout Ratio

For the Banks - Regional subindustry, MidWestOne Financial Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

MidWestOne Financial Group's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MidWestOne Financial Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where MidWestOne Financial Group's Dividend Payout Ratio falls into.

MidWestOne Financial Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

MidWestOne Financial Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.97	/	1.33
	=	0.73

MidWestOne Financial Group'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 )
	=	0.243	/	0.21
	=	1.16

MidWestOne Financial Group (NAS:MOFG) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

MidWestOne Financial Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of MidWestOne Financial Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

MidWestOne Financial Group (MidWestOne Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MidWestOne Financial Group Inc (NAS:MOFG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

102 South Clinton Street, Iowa City, IA, USA, 52240

Website

http://www.midwestone.com

MidWestOne Financial Group Inc is a bank holding company engaged in delivering relationship-based business and personal banking products and services. The Bank provides commercial loans, real estate loans, agricultural loans, credit card loans, and consumer loans. It also provides deposit products including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. The Bank also provides products and services including treasury management, Zelle, online and mobile banking, debit cards, ATMs, and safe deposit boxes. The Bank offers its products and services through its network of full-service banking offices. the Bank's investments services department offers financial planning, investment advisory, and retail securities brokerage services.

Executives

Janet E Godwin	director	102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Nathaniel J Kaeding	director	102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Ruth E Stanoch	director	102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Charles N Reeves	director, officer: Chief Executive Officer	102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Larry D Albert	director, officer: Executive Vice President	102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Matthew J Hayek	director	102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Tracy S Mccormick	director	102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Jennifer Leigh Hauschildt	director	102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Kevin W Monson	director	102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Len D Devaisher	officer: President and COO	102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
David E Lindstrom	officer: EVP, Consumer Banking	102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
John J Ruppel	officer: Chief Accounting Officer	102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Charles N Funk	director, officer: President and CEO	102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Kurt R Weise	director, officer: Executive Vice President	102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Douglas K True	director	102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700