Bank of N.T Butterfield: The Protector of Consistency and Investor Benefits
Portfolio Pulse from Benzinga Insights
Bank of N.T Butterfield (NYSE:NTB) is set to distribute a dividend of $0.44 per share, with an annualized yield of 5.99%, to shareholders on record before February 23, 2024. The company has maintained a steady dividend per share of $1.76 from 2020 to 2023, alongside an increase in earnings per share from $3.05 to $4.81, indicating financial health and a commitment to shareholder returns.
March 11, 2024 | 3:05 pm
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Bank of N.T Butterfield (NTB) maintains a consistent dividend payout of $0.44 per share, showcasing financial stability with a 5.99% yield and an increase in earnings per share from $3.05 to $4.81 from 2020 to 2023.
The consistent dividend payout and the increase in earnings per share from 2020 to 2023 indicate a strong financial health and a commitment to returning value to shareholders. This consistency and financial growth are likely to positively influence investor sentiment and potentially the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100