Is Heritage Financial Corporation a good dividend stock?

Heritage Financial Corporation (HFWA) is a dividend-paying stock with a current dividend yield of 3.16%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is HFWA's dividend yield?

The dividend yield for HFWA stock is currently 3.16%.

How much does HFWA pay in dividends per year?

Heritage Financial Corporation pays an annual dividend of $0.9600 per share over the trailing twelve months.

How often does HFWA pay dividends?

HFWA stock pays dividends quarterly.

Is HFWA's dividend growing?

Heritage Financial Corporation's 3-year dividend CAGR is 3.73%.

HFWA Stock Price, Chart, Stats & News

Heritage Financial Corporation

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Overview Dividend safety Dividends Fundamentals

Heritage Financial Corporation (HFWA) is a dividend-paying stock with a current dividend yield of 3.16% as of Jul 21, 2026. It pays $0.9600 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 3.71% 5-year compound annual rate.

1.03B

Market cap

13.00x

Current P/E

12.33x

Forward P/E

3.16%

Dividend yield

$0.9600

HFWA dividend

Dividend safety

Strong

Dividend coverage looks healthy — HFWA pays out about 41% of earnings.

See the safety analysis

HFWA chart

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Fundamentals

Gross margin	72.43%
Operating margin	23.15%
Pretax margin	23.40%
Net margin	20.10%
Effective tax rate	14.08%
ROA	0.97%
ROE	7.51%
D/E	0.05x
Interest coverage ratio	0.87x

All financials

HFWA valuation

P/E	13.00x
P/S	2.55x
P/B	0.93x
P/CF	9.01x
P/FCF	9.99x
P/OCF	9.01x
PEG	0.71x
EV multiple	10.87x

About

Heritage Financial Corporation operates as the parent company for Heritage Bank, providing a comprehensive range of financial services to individuals and small to mid-sized businesses throughout the United States. The company's deposit offerings include various checking accounts (both interest and non-interest bearing), money market accounts, savings accounts, and certificates of deposit. Its extensive lending portfolio encompasses commercial and industrial financing, real estate loans for both owner-occupied and investment properties, residential mortgages for single to four-family dwellings, and funding for construction and land development projects.