Heritage Financial (US:HFWA) ZACKSยท2025-08-29 16:45Company Overview - Heritage Financial (HFWA) is headquartered in Olympia and operates in the Finance sector, with a stock price change of 0.12% since the start of the year [3] - The company currently pays a dividend of $0.24 per share, resulting in a dividend yield of 3.91%, which is higher than the Financial - Savings and Loan industry's yield of 2.9% and the S&P 500's yield of 1.47% [3] Dividend Performance - The current annualized dividend of Heritage Financial is $0.96, reflecting a 4.3% increase from the previous year [4] - Over the past 5 years, the company has increased its dividend 4 times year-over-year, averaging an annual increase of 4.17% [4] - The current payout ratio is 52%, indicating that the company paid out 52% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2025, the Zacks Consensus Estimate predicts earnings of $2.11 per share, representing a 14.05% increase from the previous year [5] - The company is viewed as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [6]