Published on 24 Nov 2023 on Simply Wall St. via Yahoo Finance

Is It Worth Considering Bank of Hawaii Corporation (NYSE:BOH) For Its Upcoming Dividend?

Bank of Hawaii Corporation (NYSE:BOH) is about to trade ex-dividend in the next four days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Meaning, you will need to purchase Bank of Hawaii's shares before the 29th of November to receive the dividend, which will be paid on the 14th of December.

The company's next dividend payment will be US$0.70 per share, and in the last 12 months, the company paid a total of US$2.80 per share. Calculating the last year's worth of payments shows that Bank of Hawaii has a trailing yield of 5.0% on the current share price of $55.6. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! So we need to check whether the dividend payments are covered, and if earnings are growing.

View our latest analysis for Bank of Hawaii