Western Alliance Bancorporation (WAL) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $1.68
- Forward yield
- 2.28%
- Payout ratio
- 18.9%
- Growth streak
- 5 years
Western Alliance pays a quarterly dividend of $0.42 per share. Its most recent payment had an ex-date of August 13, 2026 and was paid on August 27, 2026. Over the trailing twelve months, it paid $1.68 per share, a yield of about 2.23% at a share price of $75.50.
The company has raised its dividend once a year. The rate went from $0.35 to $0.36 with the August 2022 payment, then to $0.37 in November 2023 and $0.38 in November 2024. Each of those raises was one cent, or about 2.7% to 2.9%. The November 2025 raise was larger, to $0.42, about 10.5%. Since late 2021, the quarterly rate has grown 20%. Payments by calendar year rose from $1.42 in 2022 to $1.45 in 2023, $1.49 in 2024 and $1.56 in 2025. The company has increased its dividend for five consecutive calendar years.
Ex-dates have fallen in mid-February, May, August and November, with payment about two weeks later. If the pattern holds, the next payment would go ex-dividend in mid-November 2026 and be paid in late November. That is the payment the last three raises have come with.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 30, 2026 | Aug 13, 2026 | Aug 27, 2026 | $0.42 |
| Apr 30, 2026 | May 14, 2026 | May 29, 2026 | $0.42 |
| Feb 5, 2026 | Feb 20, 2026 | Mar 6, 2026 | $0.42 |
| Nov 3, 2025 | Nov 13, 2025 | Nov 28, 2025 | $0.42 |
| Jul 31, 2025 | Aug 14, 2025 | Aug 29, 2025 | $0.38 |
| May 1, 2025 | May 15, 2025 | May 30, 2025 | $0.38 |
| Feb 5, 2025 | Feb 14, 2025 | Feb 28, 2025 | $0.38 |
| Oct 31, 2024 | Nov 15, 2024 | Nov 29, 2024 | $0.38 |
| Aug 1, 2024 | Aug 16, 2024 | Aug 30, 2024 | $0.37 |
| May 1, 2024 | May 15, 2024 | May 31, 2024 | $0.37 |
| Feb 5, 2024 | Feb 15, 2024 | Mar 1, 2024 | $0.37 |
| Oct 27, 2023 | Nov 16, 2023 | Dec 1, 2023 | $0.37 |
| Jul 31, 2023 | Aug 10, 2023 | Aug 25, 2023 | $0.36 |
| May 2, 2023 | May 11, 2023 | May 26, 2023 | $0.36 |
| Feb 6, 2023 | Feb 16, 2023 | Mar 3, 2023 | $0.36 |
| Oct 26, 2022 | Nov 17, 2022 | Dec 2, 2022 | $0.36 |
| Jul 27, 2022 | Aug 11, 2022 | Aug 26, 2022 | $0.36 |
| Apr 25, 2022 | May 12, 2022 | May 27, 2022 | $0.35 |
| Feb 8, 2022 | Feb 17, 2022 | Mar 4, 2022 | $0.35 |
| Nov 2, 2021 | Nov 18, 2021 | Dec 3, 2021 | $0.35 |
Frequently asked questions
Does Western Alliance Bancorporation (WAL) pay a dividend?
Yes. Western Alliance Bancorporation pays a quarterly dividend; the most recent payment was $0.42 per share.
What is WAL's dividend yield?
Western Alliance Bancorporation paid $1.68 per share over the trailing twelve months, a yield of 2.28% at the last price of $73.73. Click here to learn more
When is WAL's most recent ex-dividend date?
Western Alliance Bancorporation's most recent ex-dividend date is Aug 13, 2026, payable on Aug 27, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has WAL been raising its dividend?
Yes — Western Alliance Bancorporation has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.