SmarterDividends
HNVR

Hanover Bancorp, Inc.

HNVR

Financial Services · Stock · quarterly payer

Forward Yield

1.69%

Annual Dividend

$0.40

Payout Ratio

38%

5-Yr Growth

Ex-Date

May 11, 2026

Frequency

Quarterly

HNVR Dividend Safety Score

78/ 100
Grade B

Safe

Dividend-growth streak3 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage38% 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 HNVR a good dividend stock?

Yes

Hanover Bancorp, Inc. (HNVR) pays a quarterly dividend yielding 1.69% ($0.40/yr), with 3 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

  • Never cut its dividend on record
  • Comfortable payout ratio (38%)

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.69%
Payout Ratio
38%
Annual Dividend
$0.40
5-Yr Avg Growth
Ex-Dividend Date
May 11, 2026
Years of Growth
3
Frequency
quarterly
Beta
0.11
Market Cap
$168.9M
P/E Ratio
22.5
5-Yr Total Return
52-Week Range
$19.91 – $24.49
Dividend Safety
B · 78/100
Ever Cut?
No
HNVR ex-dividend date & scheduleNext ex-date May 11, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.40 / yr per share

Per payment (quarterly)$10.00
Annual$40.00
Monthly avg$3.33