Northrim BanCorp, Inc.
NRIMFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
2.74%
Annual Dividend
$0.65
Payout Ratio
21%
5-Yr Growth
13.2%
Ex-Date
Sep 10, 2026
Frequency
Quarterly
Key facts about NRIM's dividend
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Northrim BanCorp, Inc. (NRIM) has a forward dividend yield of 2.74%, based on an annual dividend of $0.65 per share and a share price of $23.98.
- As of Oct 29, 2026, NRIM's dividend safety grade from SmarterDividends is A (90 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Northrim BanCorp, Inc. (NRIM) has raised its dividend for 16 consecutive years as of Oct 29, 2026.
- NRIM last cut its regular dividend in 2009.
- NRIM's most recent ex-dividend date was Sep 10, 2026, for a dividend of $0.17 per share.
- As of Oct 29, 2026, NRIM pays out 21% of its trailing 12-month earnings as dividends (its payout ratio).
- NRIM's dividend has grown at an average rate of 13.2% a year over the past five years.
- As of Oct 29, 2026, NRIM's 2.74% yield is 31% below its five-year average yield of 3.97%.
- As of Oct 29, 2026, SmarterDividends' blended fair-value estimate for NRIM is $15.87 per share, 34% below the $23.98 share price, so NRIM screens as overvalued.
- Northrim BanCorp, Inc. (NRIM) pays its dividend quarterly, 4 times a year.
- Northrim BanCorp, Inc. (NRIM) has raised its regular dividend 39 times and cut it 1 time across the 126 payments on record since 1995. Its most recent change was a 6.3% increase to $0.170 per share, going ex-dividend on Sep 10, 2026. The last cut went ex-dividend on Feb 17, 2009.
Cite this page
SmarterDividends, "NRIM Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 29, 2026, https://smarterdividends.com/stocks/NRIM
Summary
As of Oct 29, 2026, Northrim BanCorp, Inc. (NRIM) yields 2.74% ($0.65 a year per share), has a dividend safety grade of A (90/100) and has 16 consecutive years of dividend increases on record.
Is NRIM a good dividend stock?
YesNorthrim BanCorp, Inc. (NRIM) pays a quarterly dividend yielding 2.74% ($0.65/yr), with 16 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
- 16 consecutive years of dividend growth
- Comfortable payout ratio (21%)
- Strong 13.2% 5-yr dividend growth
- 135% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 2.74%
- Payout Ratio
- 21%
- Annual Dividend
- $0.65
- 5-Yr Avg Growth
- 13.2%
- Ex-Dividend Date
- Sep 10, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 0.92
- Market Cap
- $533.4M
- P/E Ratio
- 9.7
- 5-Yr Total Return
- 135%
- 52-Week Range
- $21.68 – $30.82
- Dividend Safety
- A · 90/100
- Ever Cut?
- Yes (2009)
NRIM dividend raises and cuts
Northrim BanCorp, Inc. (NRIM) has raised its regular dividend 39 times and cut it 1 time across the 126 payments on record since 1995. Its most recent change was a 6.3% increase to $0.170 per share, going ex-dividend on Sep 10, 2026. The last cut went ex-dividend on Feb 17, 2009.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 10, 2026 | Raise | $0.160 → $0.170 | +6.3% |
| Mar 6, 2025 | Raise | $0.155 → $0.160 | +3.2% |
| Sep 5, 2024 | Raise | $0.153 → $0.155 | +1.6% |
| Mar 6, 2024 | Raise | $0.150 → $0.153 | +1.7% |
| Mar 8, 2023 | Raise | $0.125 → $0.150 | +20.0% |
| Sep 7, 2022 | Raise | $0.103 → $0.125 | +22.0% |
| Mar 9, 2022 | Raise | $0.0950 → $0.103 | +7.9% |
| Sep 8, 2021 | Raise | $0.0925 → $0.0950 | +2.7% |
| Mar 10, 2021 | Raise | $0.0875 → $0.0925 | +5.7% |
| Sep 9, 2020 | Raise | $0.0850 → $0.0875 | +2.9% |
| Mar 11, 2020 | Raise | $0.0825 → $0.0850 | +3.0% |
| Sep 4, 2019 | Raise | $0.0750 → $0.0825 | +10.0% |
Show all 40 changes since 1995
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 13, 2019 | Raise | $0.0675 → $0.0750 | +11.1% |
| Sep 5, 2018 | Raise | $0.0600 → $0.0675 | +12.5% |
| Mar 7, 2018 | Raise | $0.0550 → $0.0600 | +9.1% |
| Sep 6, 2017 | Raise | $0.0525 → $0.0550 | +4.8% |
| Mar 7, 2017 | Raise | $0.0500 → $0.0525 | +5.0% |
| Sep 13, 2016 | Raise | $0.0475 → $0.0500 | +5.3% |
| Sep 8, 2015 | Raise | $0.0450 → $0.0475 | +5.6% |
| Sep 9, 2014 | Raise | $0.0425 → $0.0450 | +5.9% |
| Sep 3, 2013 | Raise | $0.0375 → $0.0425 | +13.3% |
| Sep 4, 2012 | Raise | $0.0325 → $0.0375 | +15.4% |
| Sep 6, 2011 | Raise | $0.0300 → $0.0325 | +8.3% |
| Sep 7, 2010 | Raise | $0.0250 → $0.0300 | +20.0% |
| Feb 17, 2009 | Cut | $0.0425 → $0.0250 | −41.2% |
| Apr 9, 2008 | Raise | $0.0375 → $0.0425 | +13.3% |
| Oct 17, 2007 | Raise | $0.0357 → $0.0375 | +5.0% |
| Apr 11, 2007 | Raise | $0.0298 → $0.0357 | +20.0% |
| Oct 18, 2006 | Raise | $0.0283 → $0.0298 | +5.0% |
| Jul 13, 2006 | Raise | $0.0249 → $0.0283 | +13.6% |
| Apr 13, 2005 | Raise | $0.0215 → $0.0249 | +15.8% |
| Apr 16, 2003 | Raise | $0.0113 → $0.0215 | +90.0% |
| Jan 24, 2002 | Raise | $0.0103 → $0.0113 | +10.0% |
| Apr 13, 2000 | Raise | $0.0098 → $0.0103 | +5.0% |
| Apr 14, 1999 | Raise | $0.0093 → $0.0098 | +5.0% |
| Jan 15, 1999 | Raise | $0.0090 → $0.0093 | +4.2% |
| Apr 14, 1998 | Raise | $0.0085 → $0.0090 | +5.0% |
| Apr 15, 1997 | Raise | $0.0085 → $0.0085 | +0.8% |
| Apr 17, 1996 | Raise | $0.0081 → $0.0085 | +5.0% |
| Jun 30, 1995 | Raise | $0.0077 → $0.0081 | +5.0% |
Frequently Asked Questions
Is NRIM a good dividend stock?
Yes. Northrim BanCorp, Inc. (NRIM) pays a quarterly dividend yielding 2.74% ($0.65/yr), with 16 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 NRIM undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NRIM's fair value is about $15.87 versus a $23.98 share price — so it looks overvalued (-34% vs. fair value).
Is NRIM's dividend safe?
NRIM has a dividend-safety grade of A (90/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a dividend cut in 2009, debt and yield-versus-history.
What is NRIM's fair value?
Our blended fair-value estimate for NRIM is about $15.87 per share, about 34% below the current $23.98 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is NRIM a buy, hold, or sell?
We don't issue formal ratings, but on the data NRIM screens as "yes" and overvalued. Northrim BanCorp, Inc. (NRIM) pays a quarterly dividend yielding 2.74% ($0.65/yr), with 16 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 NRIM cut its dividend?
NRIM earns a dividend-safety grade of A (90/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does NRIM pay a dividend?
Yes. Northrim BanCorp, Inc. pays a quarterly dividend of about $0.65 per share annually, a forward yield of roughly 2.74%.
What is NRIM's dividend yield?
As of Oct 29, 2026, NRIM's forward dividend yield is 2.74%, based on a $0.65 annual dividend and a $23.98 share price.
What is NRIM's dividend per share?
As of Oct 29, 2026, NRIM pays $0.65 per share per year, distributed on a quarterly basis.
What is NRIM's dividend payout ratio?
As of Oct 29, 2026, NRIM's payout ratio is 21% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has NRIM grown its dividend?
As of Oct 29, 2026, NRIM has increased its dividend for 16 consecutive years.
When is the next NRIM ex-dividend date?
As of Oct 29, 2026, NRIM's next ex-dividend date hasn't been announced. The most recent was Sep 10, 2026, for $0.17 per share.
NRIM Price — Last 12 Months
Daily close
Price Return
1 Year
-3%
3 Years
+93%
5 Years
+135%
52-Week Range
$21.68 – $30.82
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NRIM worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Northrim BanCorp, Inc. is $15.87 per share, versus a market price of $23.98. That implies 34% of downside.
Fair Value
$15.87
Current Price
$23.98
Downside
-34%
Margin of Safety
-51%
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: 8.9% discount rate (CAPM), 0.9% growth for five years fading to 2.5% over the next five, $2.47 EPS, $0.65 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NRIM Dividend Safety Score
Very 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 NRIM dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 10, 2026 | Sep 18, 2026 | $0.1700 | regular |
| Jun 11, 2026 | Jun 18, 2026 | $0.1600 | regular |
| Mar 5, 2026 | Mar 13, 2026 | $0.1600 | regular |
| Dec 18, 2025 | Dec 26, 2025 | $0.1600 | regular |
| Sep 4, 2025 | Sep 12, 2025 | $0.1600 | regular |
| Jun 5, 2025 | Jun 13, 2025 | $0.1600 | regular |
| Mar 6, 2025 | Mar 14, 2025 | $0.1600 | regular |
| Dec 19, 2024 | Dec 27, 2024 | $0.1550 | regular |
| Sep 5, 2024 | Sep 13, 2024 | $0.1550 | regular |
| Jun 6, 2024 | Jun 14, 2024 | $0.1525 | regular |
| Mar 6, 2024 | Mar 15, 2024 | $0.1525 | regular |
| Dec 13, 2023 | Dec 22, 2023 | $0.1500 | regular |
| Sep 6, 2023 | Sep 15, 2023 | $0.1500 | regular |
| Jun 7, 2023 | Jun 16, 2023 | $0.1500 | regular |
Income Calculator
At $0.65 / yr per share
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