
Burke & Herbert Financial Services Corp.
BHRBFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
3.16%
Annual Dividend
$2.20
Payout Ratio
36%
5-Yr Growth
1.9%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Key facts about BHRB's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Burke & Herbert Financial Services Corp. (BHRB) has a forward dividend yield of 3.16%, based on an annual dividend of $2.20 per share and a share price of $69.69.
- As of Oct 18, 2026, BHRB's dividend safety grade from SmarterDividends is B (77 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Burke & Herbert Financial Services Corp. (BHRB) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
- BHRB last cut its regular dividend in 2016.
- BHRB's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.55 per share.
- As of Oct 18, 2026, BHRB pays out 36% of its trailing 12-month earnings as dividends (its payout ratio).
- BHRB's dividend has grown at an average rate of 1.9% a year over the past five years.
- As of Oct 18, 2026, BHRB's 3.16% yield is 13% below its five-year average yield of 3.64%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BHRB is $106.99 per share, 54% above the $69.69 share price, so BHRB screens as undervalued.
- Burke & Herbert Financial Services Corp. (BHRB) pays its dividend quarterly, 4 times a year.
- Burke & Herbert Financial Services Corp. (BHRB) has raised its regular dividend 22 times and cut it 6 times across the 74 payments on record since 2004. Its most recent change was a 3.8% increase to $0.550 per share, going ex-dividend on Nov 15, 2024. The last cut went ex-dividend on Feb 11, 2016.
Cite this page
SmarterDividends, "BHRB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BHRB
Summary
As of Oct 18, 2026, Burke & Herbert Financial Services Corp. (BHRB) yields 3.16% ($2.20 a year per share), has a dividend safety grade of B (77/100) and has 2 consecutive years of dividend increases on record.
Is BHRB a good dividend stock?
YesBurke & Herbert Financial Services Corp. (BHRB) pays a quarterly dividend yielding 3.16% ($2.20/yr), with 2 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (36%)
Risks
- Cut its dividend in 2016
Key Data
- Dividend Yield
- 3.16%
- Payout Ratio
- 36%
- Annual Dividend
- $2.20
- 5-Yr Avg Growth
- 1.9%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.22
- Market Cap
- $1.4B
- P/E Ratio
- 11.4
- 5-Yr Total Return
- 25%
- 52-Week Range
- $58.01 – $75.09
- Dividend Safety
- B · 77/100
- Ever Cut?
- Yes (2016)
BHRB dividend raises and cuts
Burke & Herbert Financial Services Corp. (BHRB) has raised its regular dividend 22 times and cut it 6 times across the 74 payments on record since 2004. Its most recent change was a 3.8% increase to $0.550 per share, going ex-dividend on Nov 15, 2024. The last cut went ex-dividend on Feb 11, 2016.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 15, 2024 | Raise | $0.530 → $0.550 | +3.8% |
| Feb 14, 2022 | Raise | $0.500 → $0.530 | +6.0% |
| Aug 14, 2018 | Raise | $0.475 → $0.500 | +5.3% |
| Feb 14, 2018 | Raise | $0.450 → $0.475 | +5.6% |
| Feb 13, 2017 | Raise | $0.438 → $0.450 | +2.9% |
| Feb 11, 2016 | Cut | $0.500 → $0.438 | −12.5% |
| Nov 10, 2015 | Raise | $0.475 → $0.500 | +5.3% |
| Aug 12, 2015 | Raise | $0.450 → $0.475 | +5.6% |
| May 13, 2015 | Raise | $0.425 → $0.450 | +5.9% |
| Feb 11, 2015 | Cut | $0.500 → $0.425 | −15.0% |
| Nov 12, 2014 | Raise | $0.475 → $0.500 | +5.3% |
| Aug 13, 2014 | Raise | $0.450 → $0.475 | +5.6% |
Show all 28 changes since 2008
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 14, 2014 | Raise | $0.425 → $0.450 | +5.9% |
| Feb 12, 2014 | Cut | $0.475 → $0.425 | −10.5% |
| Aug 13, 2013 | Raise | $0.450 → $0.475 | +5.6% |
| May 13, 2013 | Cut | $0.475 → $0.450 | −5.3% |
| Aug 13, 2012 | Raise | $0.450 → $0.475 | +5.6% |
| May 11, 2012 | Raise | $0.425 → $0.450 | +5.9% |
| Feb 13, 2012 | Cut | $0.525 → $0.425 | −19.0% |
| Nov 10, 2011 | Raise | $0.463 → $0.525 | +13.3% |
| Aug 10, 2011 | Raise | $0.438 → $0.463 | +5.8% |
| May 17, 2011 | Raise | $0.425 → $0.438 | +2.9% |
| Feb 16, 2011 | Cut | $0.450 → $0.425 | −5.6% |
| Feb 11, 2010 | Raise | $0.425 → $0.450 | +5.9% |
| Aug 12, 2009 | Raise | $0.375 → $0.425 | +13.3% |
| May 13, 2009 | Raise | $0.300 → $0.375 | +25.0% |
| Aug 15, 2008 | Raise | $0.275 → $0.300 | +9.1% |
| Jun 4, 2008 | Raise | $0.250 → $0.275 | +10.0% |
Frequently Asked Questions
Is BHRB a good dividend stock?
Yes. Burke & Herbert Financial Services Corp. (BHRB) pays a quarterly dividend yielding 3.16% ($2.20/yr), with 2 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is BHRB undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BHRB's fair value is about $106.99 versus a $69.69 share price — so it looks undervalued (+54% vs. fair value).
Is BHRB's dividend safe?
BHRB has a dividend-safety grade of B (77/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2016, debt and yield-versus-history.
What is BHRB's fair value?
Our blended fair-value estimate for BHRB is about $106.99 per share, roughly 54% above the current $69.69 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is BHRB a buy, hold, or sell?
We don't issue formal ratings, but on the data BHRB screens as "yes" and undervalued. Burke & Herbert Financial Services Corp. (BHRB) pays a quarterly dividend yielding 3.16% ($2.20/yr), with 2 years of growth and a dividend-safety grade of B. 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 BHRB cut its dividend?
BHRB earns a dividend-safety grade of B (77/100), and has cut its dividend before (last in 2016). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does BHRB pay a dividend?
Yes. Burke & Herbert Financial Services Corp. pays a quarterly dividend of about $2.20 per share annually, a forward yield of roughly 3.16%.
What is BHRB's dividend yield?
As of Oct 18, 2026, BHRB's forward dividend yield is 3.16%, based on a $2.20 annual dividend and a $69.69 share price.
What is BHRB's dividend per share?
As of Oct 18, 2026, BHRB pays $2.20 per share per year, distributed on a quarterly basis.
What is BHRB's dividend payout ratio?
As of Oct 18, 2026, BHRB's payout ratio is 36% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has BHRB grown its dividend?
As of Oct 18, 2026, BHRB has increased its dividend for 2 consecutive years.
When is the next BHRB ex-dividend date?
As of Oct 18, 2026, BHRB's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.55 per share.
BHRB Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+47%
5 Years
+25%
52-Week Range
$58.01 – $75.09
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BHRB worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Burke & Herbert Financial Services Corp. is $106.99 per share, versus a market price of $69.69. That implies 54% of upside — a margin of safety of about 35%.
Fair Value
$106.99
Current Price
$69.69
Upside
+54%
Margin of Safety
35%
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: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $6.11 EPS, $2.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BHRB Dividend Safety Score
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 BHRB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Sep 1, 2026 | $0.5500 | regular |
| May 15, 2026 | Jun 1, 2026 | $0.5500 | regular |
| Feb 13, 2026 | Mar 2, 2026 | $0.5500 | regular |
| Nov 14, 2025 | Dec 1, 2025 | $0.5500 | regular |
| Aug 15, 2025 | Sep 2, 2025 | $0.5500 | regular |
| May 15, 2025 | Jun 2, 2025 | $0.5500 | regular |
| Feb 14, 2025 | Mar 3, 2025 | $0.5500 | regular |
| Nov 15, 2024 | Dec 2, 2024 | $0.5500 | regular |
| Aug 15, 2024 | Sep 3, 2024 | $0.5300 | regular |
| May 14, 2024 | Jun 3, 2024 | $0.5300 | regular |
| Feb 14, 2024 | Mar 1, 2024 | $0.5300 | regular |
| Nov 14, 2023 | Dec 1, 2023 | $0.5300 | regular |
| Aug 14, 2023 | Sep 1, 2023 | $0.5300 | regular |
| May 12, 2023 | Jun 1, 2023 | $0.5300 | regular |
Income Calculator
At $2.20 / yr per share
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