WaFd (WAFD) Could Be a Great Choice

Company Overview - WaFd (WAFD) is headquartered in Seattle and operates in the Finance sector [2] - The stock has experienced a price change of 12.11% since the beginning of the year [2] Dividend Information - WaFd currently pays a dividend of $0.26 per share, resulting in a dividend yield of 2.81% [2] - The dividend yield of WaFd is higher than the Banks - West industry's yield of 2.75% and the S&P 500's yield of 1.48% [2] - The current annualized dividend of $1.04 represents a 1% increase from the previous year [2] - Over the past five years, WaFd has increased its dividend five times, averaging an annual increase of 4.35% [2] - The company's current payout ratio is 34%, indicating that it paid out 34% of its trailing 12-month EPS as dividends [2] Earnings Growth - The Zacks Consensus Estimate for WaFd's earnings per share for 2024 is $3.06, reflecting a year-over-year growth rate of 1.32% [3] Investment Perspective - WaFd is considered an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [4]