
Hanover Bancorp, Inc.
HNVRFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
1.65%
Annual Dividend
$0.40
Payout Ratio
32%
5-Yr Growth
—
Ex-Date
Aug 6, 2026
Frequency
Quarterly
Key facts about HNVR's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Hanover Bancorp, Inc. (HNVR) has a forward dividend yield of 1.65%, based on an annual dividend of $0.40 per share and a share price of $24.13.
- As of Oct 18, 2026, HNVR's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
- HNVR has never cut its regular dividend in the payment history SmarterDividends has on record.
- HNVR's most recent ex-dividend date was Aug 6, 2026, for a dividend of $0.10 per share.
- As of Oct 18, 2026, HNVR pays out 32% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Oct 18, 2026, HNVR's 1.65% yield is 13% below its five-year average yield of 1.90%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for HNVR is $21.34 per share, 12% below the $24.13 share price, so HNVR screens as fairly valued.
- Hanover Bancorp, Inc. (HNVR) pays its dividend quarterly, 4 times a year.
- Hanover Bancorp, Inc. (HNVR) has raised its regular dividend 0 times and cut it 0 times across the 18 payments on record since 2022. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "HNVR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/HNVR
Summary
As of Oct 18, 2026, Hanover Bancorp, Inc. (HNVR) yields 1.65% ($0.40 a year per share) and has a dividend safety grade of B (79/100).
Is HNVR a good dividend stock?
YesHanover Bancorp, Inc. (HNVR) pays a quarterly dividend yielding 1.65% ($0.40/yr), with 0 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 (32%)
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.65%
- Payout Ratio
- 32%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Aug 6, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.11
- Market Cap
- $170.2M
- P/E Ratio
- 19.0
- 5-Yr Total Return
- —
- 52-Week Range
- $19.91 – $27.94
- Dividend Safety
- B · 79/100
- Ever Cut?
- No
HNVR dividend raises and cuts
Hanover Bancorp, Inc. (HNVR) has raised its regular dividend 0 times and cut it 0 times across the 18 payments on record since 2022. The regular dividend has not changed in that time.
Frequently Asked Questions
Is HNVR a good dividend stock?
Yes. Hanover Bancorp, Inc. (HNVR) pays a quarterly dividend yielding 1.65% ($0.40/yr), with 0 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 HNVR undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HNVR's fair value is about $21.34 versus a $24.13 share price — so it looks fairly valued (-12% vs. fair value).
Is HNVR's dividend safe?
HNVR has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is HNVR's fair value?
Our blended fair-value estimate for HNVR is about $21.34 per share, about 12% below the current $24.13 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is HNVR a buy, hold, or sell?
We don't issue formal ratings, but on the data HNVR screens as "yes" and fairly valued. Hanover Bancorp, Inc. (HNVR) pays a quarterly dividend yielding 1.65% ($0.40/yr), with 0 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 HNVR cut its dividend?
HNVR earns a dividend-safety grade of B (79/100), 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 HNVR pay a dividend?
Yes. Hanover Bancorp, Inc. pays a quarterly dividend of about $0.40 per share annually, a forward yield of roughly 1.65%.
What is HNVR's dividend yield?
As of Oct 18, 2026, HNVR's forward dividend yield is 1.65%, based on a $0.40 annual dividend and a $24.13 share price.
What is HNVR's dividend per share?
As of Oct 18, 2026, HNVR pays $0.40 per share per year, distributed on a quarterly basis.
What is HNVR's dividend payout ratio?
As of Oct 18, 2026, HNVR's payout ratio is 32% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has HNVR grown its dividend?
HNVR does not currently have a long dividend-growth streak on record.
When is the next HNVR ex-dividend date?
As of Oct 18, 2026, HNVR's next ex-dividend date hasn't been announced. The most recent was Aug 6, 2026, for $0.10 per share.
HNVR Price — Last 12 Months
Daily close
Price Return
1 Year
+6%
3 Years
+36%
5 Years
—
52-Week Range
$19.91 – $27.94
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HNVR worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Hanover Bancorp, Inc. is $21.34 per share, versus a market price of $24.13. That implies the stock is roughly fairly priced.
Fair Value
$21.34
Current Price
$24.13
Gap
-12%
Margin of Safety
-13%
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, $1.27 EPS, $0.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HNVR 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 HNVR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 6, 2026 | Aug 13, 2026 | $0.1000 | regular |
| May 11, 2026 | May 18, 2026 | $0.1000 | regular |
| Feb 12, 2026 | Feb 26, 2026 | $0.1000 | regular |
| Nov 13, 2025 | Nov 20, 2025 | $0.1000 | regular |
| Aug 6, 2025 | Aug 13, 2025 | $0.1000 | regular |
| May 7, 2025 | May 14, 2025 | $0.1000 | regular |
| Feb 12, 2025 | Feb 19, 2025 | $0.1000 | regular |
| Nov 6, 2024 | Nov 13, 2024 | $0.1000 | regular |
| Aug 7, 2024 | Aug 14, 2024 | $0.1000 | regular |
| May 7, 2024 | May 15, 2024 | $0.1000 | regular |
| Feb 6, 2024 | Feb 14, 2024 | $0.1000 | regular |
| Nov 7, 2023 | Nov 15, 2023 | $0.1000 | regular |
| Aug 8, 2023 | Aug 16, 2023 | $0.1000 | regular |
| May 9, 2023 | May 17, 2023 | $0.1000 | regular |
Income Calculator
At $0.40 / yr per share
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