Western Alliance Bancorporation
WALFinancial Services · Stock · quarterly payer
$80.74
Add to PortfolioForward Yield
2.08%
Annual Dividend
$1.68
Payout Ratio
19%
5-Yr Growth
8.7%
Ex-Date
May 14, 2026
Frequency
Quarterly
WAL Dividend Safety Score
82/ 100
Grade A
Very Safe
Dividend-growth streak5 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage19% 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 WAL a good dividend stock?
YesWestern Alliance Bancorporation (WAL) pays a quarterly dividend yielding 2.08% ($1.68/yr), with 6 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 (19%)
- Strong 8.7% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.08%
- Payout Ratio
- 19%
- Annual Dividend
- $1.68
- 5-Yr Avg Growth
- 8.7%
- Ex-Dividend Date
- May 14, 2026
- Years of Growth
- 6
- Frequency
- quarterly
- Beta
- 1.34
- Market Cap
- $8.8B
- P/E Ratio
- 9.4
- 5-Yr Total Return
- -14%
- 52-Week Range
- $65.82 – $97.23
- Dividend Safety
- A · 82/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 14, 2026 | — | $0.4200 | regular |
| Feb 20, 2026 | — | $0.4200 | regular |
| Nov 13, 2025 | — | $0.4200 | regular |
| Aug 14, 2025 | — | $0.3800 | regular |
| May 15, 2025 | — | $0.3800 | regular |
| Feb 14, 2025 | — | $0.3800 | regular |
| Nov 15, 2024 | — | $0.3800 | regular |
| Aug 16, 2024 | — | $0.3700 | regular |
| May 15, 2024 | — | $0.3700 | regular |
| Feb 15, 2024 | — | $0.3700 | regular |
| Nov 16, 2023 | — | $0.3700 | regular |
| Aug 10, 2023 | — | $0.3600 | regular |
| May 11, 2023 | — | $0.3600 | regular |
| Feb 16, 2023 | — | $0.3600 | regular |
Income Calculator
At $1.68 / yr per share
Per payment (quarterly)$42.00
Annual$168.00
Monthly avg$14.00
