Heritage Financial Corporation · HFWA · NASDAQ
Dividend report · updated Nov 13, 2026
$28.26 +0.18% on the day, +$0.05
HFWA stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is HFWA’s dividend Very Safe or High Risk? 7 checks scored. Payout ratio, raise streak, recession record and 4 more. Show the rating
Yearly payout / yield
$1.00·3.54%
$0.25 quarterly x 4 ⓘ
Next payment
~$0.25/qtr
pays ~Feb 5, 2027 (est.) ⓘ
Next ex-date
Feb 3, 2027est.
own by Feb 2, 2027 ⓘ
Years without a cut
15 yrs
5 yrs of raises ⓘ
Paying since
1998
109 payments on file
Yield vs history ⓘ
55
Near its usual yield
HFWA share price & total return
Daily closing price, adjusted for stock splits.
HFWA stock page »All dividend lists »Build a portfolio around HFWA »
DSRSimilar stocksHistoryPayoutsFAQ
Last 20 payments
HFWA Dividend Growth (CAGR)
1Y +4.2%3Y +4.4%5Y +3.5%10Y -3.8%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). Light bar = declared, not yet paid. The enlarge button shows all 109 payments since 1998.
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 declared and not yet paid), not a promise. Years with an extra or a missing payment (dates sliding across New Year) are compared per payment. Totals include specials; the growth line leaves them out.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: +4.35% a year, its typical raise over the last 5 years. Today's $1.00 a year would be $1.24 by 2031 - 4.38% on today's $28.26 price.

How Many HFWA Shares for $500 or $1,000 a Month?

At $1.00 a share a year, $500 a month takes about 6,000 HFWA shares, about $169,560 at the Nov 13, 2026 close of $28.26. $1,000 a month takes about 12,000 shares, about $339,120. Before taxes, and only while the rate holds.

Heritage Financial (HFWA) pays $0.25 a share quarterly, $1.00 a year, a 3.54% run-rate yield at the Nov 13, 2026 close of $28.26. It has paid since 1998 and raised its annual dividend 5 years in a row.

At today’s rate of $0.25 quarterly and the last close of $28.26, this is what HFWA pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.25$0.08$1.00
100 shares$25.00$8.33$100.00
$10,000 invested (353.9 shares)$88.46$29.49$353.86
6,000 shares ($500/mo)$1,500.00$500.00$6,000.00
12,000 shares ($1,000/mo)$3,000.00$1,000.00$12,000.00

With DRIP on, every payment buys more shares instead of landing as cash. 100 HFWA shares reinvest into 0.88 new shares each payment, about 3.6 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 114 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with HFWA’s own history in the HFWA DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See HFWA’s rating and its 7 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (FCF): is spare cash enough to pay the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Liquidity: is there cash for debts due this year rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history

HFWA Dividend Yield Today vs Its 5-Year Range

55/100Near its usual yieldvs its 10-yr history
  • HFWA yields 3.54% today, at the Nov 13, 2026 close of $28.26.
  • Its own 10-year median is 3.44%, so today’s yield is near its usual level.
Last 5 years: lowest to highest month-end yield
2.49% low5.44% high
Blue mark = today, grey = its 10-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 10 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is HFWA’s Next Dividend? Ex-Date and Pay Date After November 2026

HFWA has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Feb 3, 2027, with the cash around Feb 5, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.25 a share, went ex on Nov 4, 2026 and pays Nov 18, 2026.

  • Ex-dates: about every 91 days (quarterly)
  • Payment: usually about 2 days after the ex-date
  • Next earnings report: Jan 28, 2027

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does HFWA Pay?

HFWA pays quarterly, 4 times a year. Recent payments arrived in Jan, May, Aug and Nov, with ex-dates in Jan, May, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.

Paid in the last 12 months
$0.73 a share, in 3 payments.
-24.0% against the 12 months before ($0.96 in 4 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Jan, May, Aug and Nov. Ex-dates fall in Jan, May, Aug and Nov (latest 4 payments).
Raise history
  • Streak: 5 years of higher annual totals (through 2025)
  • Last raise: Aug 5, 2026 - $0.24 to $0.25 (+$0.01, +4.17%)
  • Usual $ step: $0.01 (median of the raises before it)
Coverage
  • EPS payout: 47.8% - $0.96 paid / $2.01 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 60.0% (median of 12 earlier trailing years)
Deposits, loans and policy float run through operating cash flow here, so it does not measure dividend coverage.

HFWA vs Similar Dividend Stocks (MSDL, HQH...)

Against the 10 dividend-paying Financial Services companies closest to HFWA in market value, HFWA’s 3.54% run-rate yield is close to the group’s middle yield of 3.24%, and its raise streak of 5 years is the 2nd longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating No cut ⓘ
HFWA $28.26Heritage Financial $0.25/qtr$1.00/yr fwd 3.54% Dividend Safety Rating: paid plans only 15 yrsraised 5 yrs in a row
MSDL $13.84Morgan Stanley Direct Lending Fund $0.45/qtr$1.80/yr fwd 13.01% Dividend Safety Rating: paid plans only 0 yrsraised 1 yr in a row
HQH $21.43Abrdn Healthcare Investors $0.66/qtr$2.64/yr fwd 12.32% Dividend Safety Rating: paid plans only 3 yrsno raise streak
AMTB $30.33Amerant Bancorp $0.09/qtr$0.36/yr fwd 1.19% Dividend Safety Rating: paid plans only 3+ yrsno raise streak
FMBL $9,840.00Farmers & Merchants Bank of Long Beach $28.00/qtr$112.00/yr fwd 1.14% Dividend Safety Rating: paid plans only 23+ yrsraised 1 yr in a row
JCAP $20.88Jefferson Capital, Inc. Common Stock $0.24/qtr$0.96/yr fwd 4.60% Dividend Safety Rating: paid plans only —no raise streak
HBNC $21.27Horizon Bancorp $0.16/qtr$0.64/yr fwd 3.01% Dividend Safety Rating: paid plans only 23+ yrsno raise streak
OCSL $12.17Oaktree Specialty Lending $0.33/qtr$1.32/yr fwd 10.85% Dividend Safety Rating: paid plans only 0 yrsno raise streak
PFBC $103.78Preferred Bank $0.80/qtr$3.20/yr fwd 3.08% Dividend Safety Rating: paid plans only 10+ yrsraised 5 yrs in a row
MCBS $36.50MetroCity Bankshares $0.31/qtr$1.24/yr fwd 3.40% Dividend Safety Rating: paid plans only 5 yrsraised 5 yrs in a row
MBWM $61.25Mercantile Bank $0.40/qtr$1.60/yr fwd 2.61% Dividend Safety Rating: paid plans only 12+ yrsraised 12 yrs in a row

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: HFWA vs MSDL, HFWA vs HQH, HFWA vs AMTB.

HFWA Dividend History: Every Payment Since 1998

Ex-datePay dateAmountFrequencyType
Nov 4, 2026Nov 18, 2026$0.25QuarterlyDeclared
Aug 5, 2026Aug 7, 2026$0.25QuarterlyRegular
May 6, 2026May 8, 2026$0.24QuarterlyRegular
Jan 28, 2026Jan 30, 2026$0.24QuarterlyRegular
Nov 5, 2025Nov 7, 2025$0.24QuarterlyRegular
Aug 6, 2025Aug 8, 2025$0.24QuarterlyRegular
May 7, 2025May 9, 2025$0.24QuarterlyRegular
Feb 6, 2025Feb 10, 2025$0.24QuarterlyRegular
Nov 6, 2024Nov 8, 2024$0.23QuarterlyRegular
Aug 7, 2024Aug 9, 2024$0.23QuarterlyRegular
The other 99 HFWA payments come with a paid plan.
Show all 109 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for HFWA

UnlockDividend Safety Rating: paid plans only
See where HFWA lands, and why.
See the rating & factors »
Own HFWA? Your payouts fill in by themselves Add HFWA once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track HFWA →

HFWA Dividend Questions

How often does HFWA pay dividends?

HFWA pays quarterly, 4 times a year. Recent payments arrived in Jan, May, Aug and Nov, with ex-dates in Jan, May, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.

Does HFWA pay dividends monthly?

No. HFWA pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next HFWA dividend?

HFWA has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Feb 3, 2027, with the cash around Feb 5, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.25 a share, went ex on Nov 4, 2026 and pays Nov 18, 2026. The current rate is $0.25 per share, $1.00 a year.

Does HFWA pay a dividend in February 2027?

Not declared yet. By its usual rhythm the next ex-date falls around Feb 3, 2027, with the cash around Feb 5, 2027, so a payment in February 2027 is likely. Only the company’s declaration makes it final.

How much does HFWA pay per share?

HFWA pays $0.25 a share quarterly, $1.00 a year. At the Nov 13, 2026 close of $28.26 that is a 3.54% run-rate yield, near its usual level: its own 10-year median is 3.44%.

Has HFWA raised its dividend?

Yes. HFWA has raised its annual dividend 5 years in a row, through 2025. The latest raise, on Aug 5, 2026, took the rate from $0.24 to $0.25 (+4.17%). Over five years the dividend grew 3.5% a year.

Is HFWA’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. HFWA paid out 48% of its earnings as dividends over the 4 quarters to Sep 30, 2026. It has raised its dividend 5 years in a row and gone 15 years without a cut. This is data, not investment advice. The full 7-check rating comes with a plan.

How do I track my HFWA dividends?

Add HFWA to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run HFWA in the DRIP calculator.

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How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 13, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 7 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.