SmarterDividends
HFWA

Heritage Financial Corporation

HFWA

Financial Services · Stock · quarterly payer

Forward Yield

3.48%

Annual Dividend

$0.96

Payout Ratio

47%

5-Yr Growth

3.7%

Ex-Date

May 6, 2026

Frequency

Quarterly

HFWA Dividend Safety Score

84/ 100
Grade A

Very Safe

Dividend-growth streak14 consecutive years of growth
Cut historyCut its dividend in 2011
Earnings payout coverage47% of earnings paid out
Yield vs its historyYield in line with its history

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

Is HFWA a good dividend stock?

Yes

Heritage Financial Corporation (HFWA) pays a quarterly dividend yielding 3.48% ($0.96/yr), with 14 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

  • 14 consecutive years of dividend growth
  • Comfortable payout ratio (47%)
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2011

Key Data

Dividend Yield
3.48%
Payout Ratio
47%
Annual Dividend
$0.96
5-Yr Avg Growth
3.7%
Ex-Dividend Date
May 6, 2026
Years of Growth
14
Frequency
quarterly
Beta
0.51
Market Cap
$1.1B
P/E Ratio
13.5
5-Yr Total Return
11%
52-Week Range
$21.32 – $28.98
Dividend Safety
A · 84/100
Ever Cut?
Yes (2011)
HFWA ex-dividend date & scheduleNext ex-date May 6, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.96 / yr per share

Per payment (quarterly)$24.00
Annual$96.00
Monthly avg$8.00