CWB dividend calculator – Canadian Western Bank Declares 0.33 Cash Dividend
June 4, 2023
🌥️Dividends Yield
On June 1 2023, Canadian Western Bank ($TSX:CWB) Declares 0.33 Cash Dividend, offering investors a reliable, consistent income. CANADIAN WESTERN BANK is a great dividend stock to add to your portfolio. Over the past three years, this bank has issued a total of 1.26, 1.22 and 1.16 CAD in annual dividends per share, yielding 4.73%, 3.76% and 3.41% respectively, with an average dividend yield of 3.97%. The ex-dividend date for this stock is June 7 2023.
This means that investors who buy the stock before the ex-dividend date will be eligible for the dividend. After the ex-dividend date, investors will not receive the cash dividend of 0.33 CAD declared by the company.
Stock Price
This is an increase of 0.1% from the previous closing price of CA$24.7. The dividend announcement reflects the bank’s commitment to providing shareholders with short and long-term value and achieving financial goals. The announcement marks another successful chapter in the bank’s ongoing efforts to build a strong foundation for the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CWB. More…
| Total Revenues | Net Income | Net Margin |
| – | 312.9 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CWB. More…
| Operations | Investing | Financing |
| 236.14 | -234.17 | 103.81 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CWB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 42.23k | – | – |
Key Ratios Snapshot
Some of the financial key ratios for CWB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.7% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we analyze the fundamentals of CANADIAN WESTERN BANK to assess its health. Our Star Chart gives it an impressive score of 7/10, indicating strong cashflows, low debt, and the capability to safely ride out any crisis without the risk of bankruptcy. We classify CANADIAN WESTERN BANK as a ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends, making it an attractive prospect for investors who prioritize income. The company is strong in profitability, asset, and medium in growth and dividend. This makes it an attractive opportunity for investors who are looking for a balance between capital appreciation and reliable returns. More…
Peers
In this highly competitive market, Canadian Western Bank strives to stay ahead of its competitors by providing superior customer service and innovative financial solutions.
– First Financial Bancorp ($NASDAQ:FFBC)
First Financial Bancorp is a Cincinnati-based bank holding company with over $10 billion in assets. The company operates through its subsidiary, First Financial Bank, and provides full-service banking services to individuals and businesses. As of 2022, First Financial Bancorp has a market cap of 2.31 billion, making it one of the largest banking companies in the Cincinnati area. The company’s stock has consistently been performing well and has seen a steady increase in market capitalization over the past few years.
– Hope Bancorp Inc ($NASDAQ:HOPE)
Hope Bancorp Inc. is a financial holding company that provides a wide range of banking services through its banking subsidiaries. As of 2022, the company has a market cap of 1.56B, making it one of the largest regional banks in the United States. The company’s operations are focused on commercial banking, consumer banking, small business banking and wealth management services. Hope Bancorp Inc has been in business since 1975 and has grown to be one of the leading regional banks in the United States. It operates in California, Washington, Oregon, and Texas and has more than $20 billion in assets. The company provides its customers with competitive products and services, including lending, deposit accounts, cash management, and trust services. Its services are tailored to meet the unique needs of its customers and the communities it serves.
Summary
Canadian Western Bank (CWB) is an attractive dividend stock for investors. Over the past three years, the bank has paid out annual dividends per share of 1.26, 1.22 and 1.16 CAD, providing dividend yields of 4.73%, 3.76% and 3.41% respectively. On average, the dividend yield for CWB has been 3.97%. The dividend history of CWB provides stability and consistent returns for investors, making it a sound investment choice.
