Why BOK Financial (BOKF) is a Top Dividend Stock for Your Portfolio

Core Insights - The focus for income investors is generating consistent cash flow from liquid investments, including stocks, bonds, and dividends [1][2] Company Overview - BOK Financial (BOKF), based in Tulsa, operates in the Finance sector and has experienced a 6% price change in shares this year [3] - The company currently pays a dividend of $0.57 per share, resulting in a dividend yield of 2.02%, which is higher than the Banks - Southwest industry's yield of 1.28% and the S&P 500's yield of 1.52% [3] Dividend Performance - BOK Financial's annualized dividend of $2.28 has increased by 2.7% from the previous year [4] - Over the past 5 years, the company has raised its dividend 5 times, averaging an annual increase of 2.17% [4] - The current payout ratio is 27%, indicating that the company pays out 27% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - The Zacks Consensus Estimate for BOK Financial's earnings in 2025 is $8.35 per share, reflecting a year-over-year growth rate of 1.33% [5] Investment Considerations - BOKF is considered a strong dividend investment opportunity, especially in the context of rising interest rates, where high-yielding stocks may face challenges [6] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a stable investment outlook [6]