BOK Financial Corporation (NASDAQ:BOKF – Get Free Report) announced a quarterly dividend on Tuesday, August 4th, NASDAQ Dividends reports. Investors of record on Wednesday, August 19th will be given a dividend of 0.63 per share by the bank on Wednesday, September 2nd. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Wednesday, August 19th.
BOK Financial has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 20 years. BOK Financial has a payout ratio of 28.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect BOK Financial to earn $10.89 per share next year, which means the company should continue to be able to cover its $2.52 annual dividend with an expected future payout ratio of 23.1%.
BOK Financial Price Performance
BOKF stock opened at $146.07 on Monday. The stock has a 50-day moving average price of $138.90 and a two-hundred day moving average price of $133.37. BOK Financial has a 1 year low of $102.72 and a 1 year high of $146.38. The stock has a market cap of $8.88 billion, a PE ratio of 13.77 and a beta of 0.80. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.57.
About BOK Financial
BOK Financial Corporation (NASDAQ: BOKF), headquartered in Tulsa, Oklahoma, is a diversified financial services holding company serving businesses, professionals and individuals across the central and western United States. Through its banking subsidiary, BOK Financial offers a full suite of commercial banking, treasury and payment management services, as well as consumer deposit and lending solutions. The company’s offerings also encompass wealth management, trust and asset management, investment banking, and insurance products designed to meet the needs of both retail and institutional clients.
The roots of BOK Financial date back to the founding of the Bank of Oklahoma in 1910.
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