SmarterDividends
BWFG

Bankwell Financial Group, Inc.

BWFG

Financial Services · Banks - Regional · Stock · quarterly payer

$65.54

Undervalued · +17% Add to Portfolio

Forward Yield

1.22%

Annual Dividend

$0.80

Payout Ratio

15%

5-Yr Growth

7.4%

Ex-Date

Aug 10, 2026

Frequency

Quarterly

Key facts about BWFG's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Bankwell Financial Group, Inc. (BWFG) has a forward dividend yield of 1.22%, based on an annual dividend of $0.80 per share and a share price of $65.54.
  • As of Oct 18, 2026, BWFG's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
  • BWFG has never cut its regular dividend in the payment history SmarterDividends has on record.
  • BWFG's most recent ex-dividend date was Aug 10, 2026, for a dividend of $0.20 per share.
  • As of Oct 18, 2026, BWFG pays out 15% of its trailing 12-month earnings as dividends (its payout ratio).
  • BWFG's dividend has grown at an average rate of 7.4% a year over the past five years.
  • As of Oct 18, 2026, BWFG's 1.22% yield is 52% below its five-year average yield of 2.56%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BWFG is $76.41 per share, 17% above the $65.54 share price, so BWFG screens as undervalued.
  • Bankwell Financial Group, Inc. (BWFG) pays its dividend quarterly, 4 times a year.
  • Bankwell Financial Group, Inc. (BWFG) has raised its regular dividend 6 times and cut it 0 times across the 44 payments on record since 2015. Its most recent change was a 11.1% increase to $0.200 per share, going ex-dividend on Feb 11, 2022.
Cite this page

SmarterDividends, "BWFG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BWFG

Summary

As of Oct 18, 2026, Bankwell Financial Group, Inc. (BWFG) yields 1.22% ($0.80 a year per share) and has a dividend safety grade of A (88/100).

Is BWFG a good dividend stock?

Yes

Bankwell Financial Group, Inc. (BWFG) pays a quarterly dividend yielding 1.22% ($0.80/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (15%)
  • Strong 7.4% 5-yr dividend growth
  • 112% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.22%
Payout Ratio
15%
Annual Dividend
$0.80
5-Yr Avg Growth
7.4%
Ex-Dividend Date
Aug 10, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.57
Market Cap
$522.5M
P/E Ratio
12.2
5-Yr Total Return
112%
52-Week Range
$40.89 – $69.59
Dividend Safety
A · 88/100
Ever Cut?
No

BWFG dividend raises and cuts

Bankwell Financial Group, Inc. (BWFG) has raised its regular dividend 6 times and cut it 0 times across the 44 payments on record since 2015. Its most recent change was a 11.1% increase to $0.200 per share, going ex-dividend on Feb 11, 2022.

Ex-dateChangeOld → newMove
Feb 11, 2022Raise$0.180 → $0.200+11.1%
Aug 13, 2021Raise$0.140 → $0.180+28.6%
Feb 13, 2020Raise$0.130 → $0.140+7.7%
Feb 14, 2019Raise$0.120 → $0.130+8.3%
Feb 23, 2018Raise$0.0700 → $0.120+71.4%
Nov 16, 2016Raise$0.0500 → $0.0700+40.0%
BWFG ex-dividend date & scheduleNext ex-date Aug 10, 2026 · full ex-dividend historyView →BWFG dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is BWFG a good dividend stock?

Yes. Bankwell Financial Group, Inc. (BWFG) pays a quarterly dividend yielding 1.22% ($0.80/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is BWFG undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BWFG's fair value is about $76.41 versus a $65.54 share price — so it looks undervalued (+17% vs. fair value).

Is BWFG's dividend safe?

BWFG has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is BWFG's fair value?

Our blended fair-value estimate for BWFG is about $76.41 per share, roughly 17% above the current $65.54 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BWFG a buy, hold, or sell?

We don't issue formal ratings, but on the data BWFG screens as "yes" and undervalued. Bankwell Financial Group, Inc. (BWFG) pays a quarterly dividend yielding 1.22% ($0.80/yr), with 0 years 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 BWFG cut its dividend?

BWFG earns a dividend-safety grade of A (88/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BWFG pay a dividend?

Yes. Bankwell Financial Group, Inc. pays a quarterly dividend of about $0.80 per share annually, a forward yield of roughly 1.22%.

What is BWFG's dividend yield?

As of Oct 18, 2026, BWFG's forward dividend yield is 1.22%, based on a $0.80 annual dividend and a $65.54 share price.

What is BWFG's dividend per share?

As of Oct 18, 2026, BWFG pays $0.80 per share per year, distributed on a quarterly basis.

What is BWFG's dividend payout ratio?

As of Oct 18, 2026, BWFG's payout ratio is 15% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has BWFG grown its dividend?

BWFG does not currently have a long dividend-growth streak on record.

When is the next BWFG ex-dividend date?

As of Oct 18, 2026, BWFG's next ex-dividend date hasn't been announced. The most recent was Aug 10, 2026, for $0.20 per share.