BOK Financial Corporation (BOKF) To Go Ex-Dividend on November 12th

BOK Financial Corporation (NASDAQ:BOKF) announced a quarterly dividend on Tuesday, October 28th. Investors of record on Wednesday, November 12th will be given a dividend of 0.63 per share by the bank on Wednesday, November 26th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, November 12th. This is a 10.5% increase from BOK Financial’s previous quarterly dividend of $0.57.

BOK Financial has raised its dividend 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 dividend payout ratio of 28.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect BOK Financial to earn $9.15 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 27.5%.

BOK Financial Trading Up 0.2%

NASDAQ BOKF traded up $0.24 during mid-day trading on Monday, hitting $108.31. The company’s stock had a trading volume of 7,308 shares, compared to its average volume of 212,087. The firm has a market capitalization of $6.85 billion, a P/E ratio of 12.95 and a beta of 0.93. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.78 and a quick ratio of 0.77. BOK Financial has a 52-week low of $85.07 and a 52-week high of $121.58. The stock’s fifty day simple moving average is $109.95 and its two-hundred day simple moving average is $103.18.

BOK Financial (NASDAQ:BOKF) last released its quarterly earnings data on Monday, September 8th. The bank reported $2.02 earnings per share (EPS) for the quarter. BOK Financial had a net margin of 15.98% and a return on equity of 9.35%. The company had revenue of $298.49 million during the quarter. Research analysts expect that BOK Financial will post 8.83 EPS for the current year.

BOK Financial Company Profile

BOK Financial Corporation operates as the financial holding company for BOKF, NA that provides various financial products and services in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona, and Kansas/Missouri. It operates through three segments: Commercial Banking, Consumer Banking, and Wealth Management.