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Heritage Financial Corporation (HFWA) logo

Heritage Financial Corporation

S&P 500

HFWA/Financial Services · Banks - Regional/NASDAQ

Dividend Yield

3.42%

$0.96 · Annual Dividend

Stock Price$29.29P/E13.8MCap1.2BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

80/ 100Very Safe

HFWA's dividend appears very safe. Strengths include a 47.1% earnings payout ratio & 40.7% fcf payout ratio. Areas of concern: 7.3% return on equity. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.

Based on 9 of 10 metrics

Strengths

  • Earnings Payout Ratio: 47.1%Low earnings payout ratio leaves room to grow the dividend.
  • Operating Margin: 32.3%Healthy operating margin provides a wide buffer.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • Return on Equity: 7.3%Return on equity is below industry norms.

Payout & Coverage

Very Safe

Balance Sheet

N/A

Profitability

Caution
7.3%Warning
32.3%Very Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
GrowingVery Safe

About Heritage Financial Corporation

Heritage Financial Corp. is a banking institution engaged in providing a broad array of financial services primarily to small and medium-sized businesses and individuals. As a cornerstone of community banking, the corporation operates through its network of branches, offering traditional banking products such as loans, deposit accounts, and mortgages. Heritage Financial Corp. is notable for its focus on relationship-driven services, aiming to foster long-term customer loyalty by understanding and addressing the specific needs of its clientele. The institution's operations significantly impact the local economies where it is active, supporting economic growth through business lending and personal financial solutions. In the financial market, Heritage Financial Corp. plays a crucial role by maintaining sound banking practices, thereby ensuring stability and earning confidence from its stakeholders. Its strategic initiatives are often centered around technological advancements and community investment, seeking to balance profitability with societal contributions.

Dividend Overview

Dividend Yield

3.42%

Annual Dividend

$0.96

Frequency

Quarterly

Payout Ratio

47.06%

FCF Payout Ratio

40.68%

52-Week Range

$21.32 - $29.50

Dividend History (2016–2025)

HFWA annual dividend per share and yield history

Earnings & Profitability

HFWA earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 6, 2026

Last Payment Date

May 20, 2026

Dividend Growth

3-Year Dividend CAGR

4.55%

5-Year Dividend CAGR

3.71%

10-Year Dividend CAGR

6.12%

3-Year Total Growth

14.29%

5-Year Total Growth

20.00%

10-Year Total Growth

81.13%

Income Calculator

HFWA Dividend Calculator

Total Investment

$2,929.00

Annual Income

$96.00

Quarterly Income

$24.00

Monthly Income

$8.00

Frequently Asked Questions

What is HFWA's current dividend yield?
Heritage Financial Corporation (HFWA) currently has a dividend yield of 3.42%, based on a stock price of $29.29 and an annual dividend of $0.96.
When is HFWA's next dividend payment date?
HFWA's next ex-dividend date is 2026-05-06 and the next payment date is 2026-05-20. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does HFWA pay in dividends per year?
Heritage Financial Corporation paid $0.96 per share in annual dividends in 2025. The dividends are paid quarterly.
Has HFWA been increasing its dividend?
Heritage Financial Corporation has grown its dividend at a 5-year CAGR of 3.71% and a 10-year CAGR of 6.12%.
Is HFWA's dividend safe?
Heritage Financial Corporation has a payout ratio of 47.06%. Its free cash flow payout ratio is 40.68%. A payout ratio below 60% is generally considered sustainable.
How is HFWA's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Heritage Financial Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for financial services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.