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Western Alliance Bancorporation Dividends

WAL Stock Analysis

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

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. 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 %

WAL

Sector

Industry

Peers

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.