Provident Financial Services, Inc.
PFSFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
4.32%
Annual Dividend
$0.96
Payout Ratio
40%
5-Yr Growth
0.9%
Ex-Date
Aug 14, 2026
Frequency
Quarterly
Key facts about PFS's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Provident Financial Services, Inc. (PFS) has a forward dividend yield of 4.32%, based on an annual dividend of $0.96 per share and a share price of $22.23.
- As of Oct 18, 2026, PFS's dividend safety grade from SmarterDividends is A (93 out of 100), which rates the dividend as very safe.
- PFS has never cut its regular dividend in the payment history SmarterDividends has on record.
- PFS's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.24 per share.
- As of Oct 18, 2026, PFS pays out 40% of its trailing 12-month earnings as dividends (its payout ratio).
- PFS's dividend has grown at an average rate of 0.9% a year over the past five years.
- As of Oct 18, 2026, PFS's 4.32% yield is 12% below its five-year average yield of 4.92%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for PFS is $42.40 per share, 91% above the $22.23 share price, so PFS screens as undervalued.
- Provident Financial Services, Inc. (PFS) pays its dividend quarterly, 4 times a year.
- Provident Financial Services, Inc. (PFS) has raised its regular dividend 19 times and cut it 0 times across the 95 payments on record since 2003. Its most recent change was a 4.3% increase to $0.240 per share, going ex-dividend on Nov 10, 2021.
Cite this page
SmarterDividends, "PFS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/PFS
Summary
As of Oct 18, 2026, Provident Financial Services, Inc. (PFS) yields 4.32% ($0.96 a year per share) and has a dividend safety grade of A (93/100).
Is PFS a good dividend stock?
YesProvident Financial Services, Inc. (PFS) pays a quarterly dividend yielding 4.32% ($0.96/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 (40%)
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.32%
- Payout Ratio
- 40%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- 0.9%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- $2.9B
- P/E Ratio
- 9.3
- 5-Yr Total Return
- -6%
- 52-Week Range
- $17.71 – $25.49
- Dividend Safety
- A · 93/100
- Ever Cut?
- No
PFS dividend raises and cuts
Provident Financial Services, Inc. (PFS) has raised its regular dividend 19 times and cut it 0 times across the 95 payments on record since 2003. Its most recent change was a 4.3% increase to $0.240 per share, going ex-dividend on Nov 10, 2021.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 10, 2021 | Raise | $0.230 → $0.240 | +4.3% |
| May 14, 2019 | Raise | $0.210 → $0.230 | +9.5% |
| Aug 14, 2018 | Raise | $0.200 → $0.210 | +5.0% |
| Aug 11, 2017 | Raise | $0.190 → $0.200 | +5.3% |
| Feb 13, 2017 | Raise | $0.180 → $0.190 | +5.6% |
| May 11, 2016 | Raise | $0.170 → $0.180 | +5.9% |
| Nov 10, 2015 | Raise | $0.160 → $0.170 | +6.3% |
| Feb 11, 2015 | Raise | $0.150 → $0.160 | +6.7% |
| Nov 13, 2013 | Raise | $0.140 → $0.150 | +7.1% |
| May 13, 2013 | Raise | $0.130 → $0.140 | +7.7% |
| May 11, 2012 | Raise | $0.120 → $0.130 | +8.3% |
| May 12, 2011 | Raise | $0.110 → $0.120 | +9.1% |
Show all 19 changes since 2003
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 13, 2007 | Raise | $0.100 → $0.110 | +10.0% |
| May 11, 2006 | Raise | $0.0900 → $0.100 | +11.1% |
| Nov 9, 2005 | Raise | $0.0800 → $0.0900 | +12.5% |
| May 11, 2005 | Raise | $0.0700 → $0.0800 | +14.3% |
| Feb 9, 2005 | Raise | $0.0600 → $0.0700 | +16.7% |
| Feb 11, 2004 | Raise | $0.0500 → $0.0600 | +20.0% |
| Aug 13, 2003 | Raise | $0.0400 → $0.0500 | +25.0% |
Frequently Asked Questions
Is PFS a good dividend stock?
Yes. Provident Financial Services, Inc. (PFS) pays a quarterly dividend yielding 4.32% ($0.96/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 PFS undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PFS's fair value is about $42.40 versus a $22.23 share price — so it looks undervalued (+91% vs. fair value).
Is PFS's dividend safe?
PFS has a dividend-safety grade of A (93/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is PFS's fair value?
Our blended fair-value estimate for PFS is about $42.40 per share, roughly 91% above the current $22.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is PFS a buy, hold, or sell?
We don't issue formal ratings, but on the data PFS screens as "yes" and undervalued. Provident Financial Services, Inc. (PFS) pays a quarterly dividend yielding 4.32% ($0.96/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 PFS cut its dividend?
PFS earns a dividend-safety grade of A (93/100), 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 PFS pay a dividend?
Yes. Provident Financial Services, Inc. pays a quarterly dividend of about $0.96 per share annually, a forward yield of roughly 4.32%.
What is PFS's dividend yield?
As of Oct 18, 2026, PFS's forward dividend yield is 4.32%, based on a $0.96 annual dividend and a $22.23 share price.
What is PFS's dividend per share?
As of Oct 18, 2026, PFS pays $0.96 per share per year, distributed on a quarterly basis.
What is PFS's dividend payout ratio?
As of Oct 18, 2026, PFS's payout ratio is 40% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has PFS grown its dividend?
PFS does not currently have a long dividend-growth streak on record.
When is the next PFS ex-dividend date?
As of Oct 18, 2026, PFS's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.24 per share.
PFS Price — Last 12 Months
Daily close
Price Return
1 Year
+16%
3 Years
+46%
5 Years
-6%
52-Week Range
$17.71 – $25.49
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PFS worth?
Undervaluedlow confidenceOur blended fair-value estimate for Provident Financial Services, Inc. is $42.40 per share, versus a market price of $22.23. That implies 91% of upside — a margin of safety of about 48%.
Fair Value
$42.40
Current Price
$22.23
Upside
+91%
Margin of Safety
48%
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: 8.4% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $2.40 EPS, $0.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PFS 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 PFS dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Aug 28, 2026 | $0.2400 | regular |
| May 15, 2026 | May 29, 2026 | $0.2400 | regular |
| Feb 13, 2026 | Feb 27, 2026 | $0.2400 | regular |
| Nov 14, 2025 | Nov 28, 2025 | $0.2400 | regular |
| Aug 15, 2025 | Aug 29, 2025 | $0.2400 | regular |
| May 16, 2025 | May 30, 2025 | $0.2400 | regular |
| Feb 14, 2025 | Feb 28, 2025 | $0.2400 | regular |
| Nov 15, 2024 | Nov 29, 2024 | $0.2400 | regular |
| Aug 16, 2024 | Aug 30, 2024 | $0.2400 | regular |
| Apr 26, 2024 | May 31, 2024 | $0.2400 | regular |
| Feb 8, 2024 | Feb 23, 2024 | $0.2400 | regular |
| Nov 9, 2023 | Nov 24, 2023 | $0.2400 | regular |
| Aug 10, 2023 | Aug 25, 2023 | $0.2400 | regular |
| May 11, 2023 | May 26, 2023 | $0.2400 | regular |
Income Calculator
At $0.96 / yr per share
Similar Dividend Stocks
Compare PFS
Explore more
Lists and tools related to PFS
- Undervalued dividend stocks →
- Safest dividend stocks →
- Financial Services dividend stocks →
- PFS dividend calculator →
- PFS DRIP calculator →
- PFS: last day to buy for the dividend →
- Embed PFS dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →