Page title
Section title
- Dividend Yield
- 1.81%
- Payout Ratio
- 22.01%
- Dividend Amount Per Share
- $1.47
- Last Ex-Dividend Date
- Aug 16, 2024
WAL Dividend Safety
WAL paid out 22.01% of its $722M earnings as dividends over the last 12 months.
Somewhat Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
WAL's Dividend Payout Ratio of 22.006% is considered safe for the Financial Services sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
WAL's Interest Coverage Ratio of 1.084 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.
Income Quality
WAL demonstrates poor income quality with a ratio of -0.455. This indicates low-quality earnings and high risk of dividend cuts.
WAL Dividend Growth
Western Alliance Bancorporation(WAL) offers a dividend yield of 1.81% and pays $1.47 in dividends per share. Explore the historical dividend growth of WAL.
Dividend Stability
WAL has maintained stable dividend payments over the past 6 years with no cuts over 5%.
Dividend Growth
WAL's dividend payments have increased by 8.156% annually over the last 5 years.
Earnings Growth
WAL's earnings have grown by 7.673% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
WAL Dividend Yield Attractiveness
Western Alliance Bancorporation(WAL) provides a dividend yield of 1.81%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
1.81%
3.73%
4.13%
4.33%
Dividend Yield
WAL's dividend yield of 1.81% is considered good compared to the sector average of 3.73%, providing a strong safety margin for investors.
WAL Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Western Alliance Bancorporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.