Bank of Hawaii Corp Offers Attractive 4% Dividend Yield

In trading on Thursday, shares of Bank of Hawaii Corp (Symbol: BOH) yielded more than 4% based on its quarterly dividend, which is annualized to $2.80. The stock was trading as low as $69.09 during the day. For investors, dividends play a crucial role, as they historically account for a significant portion of total stock market returns. For example, if you bought shares of the iShares Russell 3000 ETF (IWV) on May 31, 2000, at $78.27 per share, you would have seen each share valued at $77.79 twelve years later—resulting in a decline of $0.48 or 0.6%. However, collecting $10.77 per share in dividends during that time boosts your total return to 13.15%. Without reinvested dividends, this equates to an average annual total return of about 1.0%. Therefore, a sustainable dividend yield above 4% could be quite appealing for investors. Bank of Hawaii Corp is part of the Russell 3000, highlighting its position among the largest companies in the U.S. stock markets.

Assessing Dividend Sustainability

Dividend amounts can fluctuate based on each company’s profitability, making predictions challenging. To determine if Bank of Hawaii Corp’s recent dividend is likely to continue, investors may refer to the dividend history chart for BOH below. This analysis can assist in gauging whether a 4% annual yield is a reasonable expectation.

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Also see:

• BPS Historical Stock Prices
• CUK Split History
• HOL Options Chain

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.