
Banner Corporation
BANRFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
3.02%
Annual Dividend
$2.04
Payout Ratio
33%
5-Yr Growth
3.4%
Ex-Date
Aug 4, 2026
Frequency
Quarterly
Key facts about BANR's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Banner Corporation (BANR) has a forward dividend yield of 3.02%, based on an annual dividend of $2.04 per share and a share price of $67.57.
- As of Oct 18, 2026, BANR's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
- BANR last cut its regular dividend in 2011.
- BANR's most recent ex-dividend date was Aug 4, 2026, for a dividend of $0.52 per share.
- As of Oct 18, 2026, BANR pays out 33% of its trailing 12-month earnings as dividends (its payout ratio).
- BANR's dividend has grown at an average rate of 3.4% a year over the past five years.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BANR is $84.39 per share, 25% above the $67.57 share price, so BANR screens as undervalued.
- Banner Corporation (BANR) pays its dividend quarterly, 4 times a year.
- Banner Corporation (BANR) has raised its regular dividend 26 times and cut it 3 times across the 123 payments on record since 1996. Its most recent change was a 4.0% increase to $0.520 per share, going ex-dividend on May 5, 2026. The last cut went ex-dividend on Jul 7, 2011.
Cite this page
SmarterDividends, "BANR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BANR
Summary
As of Oct 18, 2026, Banner Corporation (BANR) yields 3.02% ($2.04 a year per share) and has a dividend safety grade of A (88/100).
Is BANR a good dividend stock?
YesBanner Corporation (BANR) pays a quarterly dividend yielding 3.02% ($2.04/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (33%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2011
Key Data
- Dividend Yield
- 3.02%
- Payout Ratio
- 33%
- Annual Dividend
- $2.04
- 5-Yr Avg Growth
- 3.4%
- Ex-Dividend Date
- Aug 4, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- $2.3B
- P/E Ratio
- 11.2
- 5-Yr Total Return
- 18%
- 52-Week Range
- $57.05 – $74.84
- Dividend Safety
- A · 88/100
- Ever Cut?
- Yes (2011)
BANR dividend raises and cuts
Banner Corporation (BANR) has raised its regular dividend 26 times and cut it 3 times across the 123 payments on record since 1996. Its most recent change was a 4.0% increase to $0.520 per share, going ex-dividend on May 5, 2026. The last cut went ex-dividend on Jul 7, 2011.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 5, 2026 | Raise | $0.500 → $0.520 | +4.0% |
| Nov 4, 2025 | Raise | $0.480 → $0.500 | +4.2% |
| Feb 1, 2023 | Raise | $0.440 → $0.480 | +9.1% |
| Feb 2, 2022 | Raise | $0.410 → $0.440 | +7.3% |
| Apr 8, 2019 | Raise | $0.380 → $0.410 | +7.9% |
| Oct 9, 2018 | Raise | $0.350 → $0.380 | +8.6% |
| Apr 9, 2018 | Raise | $0.250 → $0.350 | +40.0% |
| Apr 6, 2017 | Raise | $0.230 → $0.250 | +8.7% |
| Oct 5, 2016 | Raise | $0.210 → $0.230 | +9.5% |
| Apr 7, 2016 | Raise | $0.180 → $0.210 | +16.7% |
| Apr 3, 2014 | Raise | $0.150 → $0.180 | +20.0% |
| Oct 3, 2013 | Raise | $0.120 → $0.150 | +25.0% |
Show all 29 changes since 1997
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Apr 3, 2013 | Raise | $0.0100 → $0.120 | +1100.0% |
| Jul 7, 2011 | Cut | $0.0700 → $0.0100 | −85.7% |
| Apr 1, 2009 | Cut | $0.350 → $0.0700 | −80.0% |
| Oct 2, 2008 | Cut | $1.40 → $0.350 | −75.0% |
| Dec 27, 2007 | Raise | $1.33 → $1.40 | +5.3% |
| Dec 27, 2006 | Raise | $1.26 → $1.33 | +5.6% |
| Dec 28, 2005 | Raise | $1.19 → $1.26 | +5.9% |
| Dec 29, 2004 | Raise | $1.12 → $1.19 | +6.2% |
| Dec 29, 2003 | Raise | $1.05 → $1.12 | +6.7% |
| Mar 26, 2002 | Raise | $0.980 → $1.05 | +7.1% |
| Dec 27, 2000 | Raise | $0.891 → $0.980 | +10.0% |
| Mar 29, 2000 | Raise | $0.764 → $0.891 | +16.7% |
| Mar 29, 1999 | Raise | $0.573 → $0.764 | +33.3% |
| Dec 29, 1998 | Raise | $0.522 → $0.573 | +9.8% |
| Aug 6, 1998 | Raise | $0.521 → $0.522 | +0.2% |
| Mar 27, 1998 | Raise | $0.405 → $0.521 | +28.6% |
| Mar 26, 1997 | Raise | $0.289 → $0.405 | +40.0% |
Frequently Asked Questions
Is BANR a good dividend stock?
Yes. Banner Corporation (BANR) pays a quarterly dividend yielding 3.02% ($2.04/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is BANR undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BANR's fair value is about $84.39 versus a $67.57 share price — so it looks undervalued (+25% vs. fair value).
Is BANR's dividend safe?
BANR has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2011, debt and yield-versus-history.
What is BANR's fair value?
Our blended fair-value estimate for BANR is about $84.39 per share, roughly 25% above the current $67.57 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is BANR a buy, hold, or sell?
We don't issue formal ratings, but on the data BANR screens as "yes" and undervalued. Banner Corporation (BANR) pays a quarterly dividend yielding 3.02% ($2.04/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will BANR cut its dividend?
BANR earns a dividend-safety grade of A (88/100), and has cut its dividend before (last in 2011). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does BANR pay a dividend?
Yes. Banner Corporation pays a quarterly dividend of about $2.04 per share annually, a forward yield of roughly 3.02%.
What is BANR's dividend yield?
As of Oct 18, 2026, BANR's forward dividend yield is 3.02%, based on a $2.04 annual dividend and a $67.57 share price.
What is BANR's dividend per share?
As of Oct 18, 2026, BANR pays $2.04 per share per year, distributed on a quarterly basis.
What is BANR's dividend payout ratio?
As of Oct 18, 2026, BANR's payout ratio is 33% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has BANR grown its dividend?
As of Oct 18, 2026, BANR has increased its dividend for 1 consecutive years.
When is the next BANR ex-dividend date?
As of Oct 18, 2026, BANR's next ex-dividend date hasn't been announced. The most recent was Aug 4, 2026, for $0.52 per share.
BANR Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+50%
5 Years
+18%
52-Week Range
$57.05 – $74.84
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BANR worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Banner Corporation is $84.39 per share, versus a market price of $67.57. That implies 25% of upside — a margin of safety of about 20%.
Fair Value
$84.39
Current Price
$67.57
Upside
+25%
Margin of Safety
20%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.4% discount rate (CAPM), 7.4% growth for five years fading to 2.5% over the next five, $6.06 EPS, $2.04 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BANR Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full BANR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 4, 2026 | Aug 14, 2026 | $0.5200 | regular |
| May 5, 2026 | May 15, 2026 | $0.5200 | regular |
| Feb 3, 2026 | Feb 13, 2026 | $0.5000 | regular |
| Nov 4, 2025 | Nov 14, 2025 | $0.5000 | regular |
| Aug 5, 2025 | Aug 15, 2025 | $0.4800 | regular |
| Apr 29, 2025 | May 9, 2025 | $0.4800 | regular |
| Feb 4, 2025 | Feb 14, 2025 | $0.4800 | regular |
| Nov 5, 2024 | Nov 15, 2024 | $0.4800 | regular |
| Aug 6, 2024 | Aug 16, 2024 | $0.4800 | regular |
| Apr 29, 2024 | May 10, 2024 | $0.4800 | regular |
| Feb 6, 2024 | Feb 16, 2024 | $0.4800 | regular |
| Nov 2, 2023 | Nov 13, 2023 | $0.4800 | regular |
| Jul 31, 2023 | Aug 11, 2023 | $0.4800 | regular |
| May 1, 2023 | May 12, 2023 | $0.4800 | regular |
Income Calculator
At $2.04 / yr per share
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