Trailing Dividend / Share
$1.69
Western Alliance Bancorporation (WAL) Dividend History
Income profile from 2019 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.1%
Payout Ratio
19.1%
Sustainable
Dividend Streak
7 years
WAL Dividend Income Check
Safety
19.1% payout ratio with sustainable safety profile.
Consistency
7 straight years of dividend increases.
Income Trend
Yield on cost is 2.6% and trend is rising.
WAL Dividend Scorecard
Yield & Income
Dividend Yield2.1%
Trailing DPS$1.69
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout19.1%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak7 years
3Y CAGR3.2%
5Y CAGR9.3%
Yield on Cost (5Y)2.6%
YOC Trendrising
Total Returns
Buyback Yield0.8%
Total Shareholder Yield2.8%
1Y Total Return-0.3%
5Y Total Return-4.5%
Div Contribution (5Y)8.0%
Estimated $10K growth (return + dividends):
5Y ago$9,27010Y ago$28,25020Y ago$27,446
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WAL Income Growth Story
Dividend per share and yield on cost over time (8 years of payments)
WAL Dividend Safety Story
EPS is the container — dividend is what's drawn out
Get WAL's next ex-dividend date and payout in your inbox
Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Western Alliance Bancorporation distributes 19.1% of earnings as dividends (Sustainable).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
WAL has raised its dividend for 7 consecutive years, with a 3-year CAGR of 3.2% and 5-year CAGR of 9.3%.
Total Shareholder Returns
Beyond cash dividends, WAL returns capital through share repurchases. The combined picture: 2.1% dividend yield, 0.8% buyback yield, 2.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.6% and is currently rising. The 5-year total return is -4.5%, with dividends contributing 8.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $28,250 today.
WAL Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$7.46
Avg/Payment$0.3730
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 14, 2026Latest | $0.4200 | — | 2.16% | May 29, 2026 |
| Feb 20, 2026 | $0.4200 | — | 1.71% | Mar 6, 2026 |
| Nov 13, 2025 | $0.4200 | ↑ +10.5% | 2.00% | Nov 28, 2025 |
| Aug 14, 2025 | $0.3800 | — | 1.81% | Aug 29, 2025 |
| May 15, 2025 | $0.3800 | — | 1.93% | May 30, 2025 |
| Feb 14, 2025 | $0.3800 | — | 1.69% | Feb 28, 2025 |
| Nov 15, 2024 | $0.3800 | ↑ +2.7% | 1.65% | Nov 29, 2024 |
| Aug 16, 2024 | $0.3700 | — | 1.88% | Aug 30, 2024 |
WAL Dividend vs Peers
Comparable companies in the same industry
#5 yield in peer group
Div Yield
2.1%
#5 of 8
Safety
Sustainable
19.1% payout
Streak
7Y
9.3% 5Y CAGR
Total Shareholder
2.8%
#5 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| WALWestern Alliance Ban… | $8.9B | 2.1% | 19.1% | 7 | Sustainable |
 EWBCEast West Bancorp, I… | $17.9B | 1.8% | 25.2% | 8 | Sustainable |
3rd  FHNFirst Horizon Corpor… | $12.2B | 2.5% | 31.9% | 0 | Sustainable |
 IBOCInternational Bancsh… | $4.7B | 1.8% | 21.1% | 16 | Sustainable |
 BOKFBOK Financial Corpor… | $8.5B | 1.7% | 25.5% | 21 | Sustainable |
 GBCIGlacier Bancorp, Inc… | $6.8B | 2.4% | 68.1% | 0 | Watch |
1st  CVBFCVB Financial Corp. | $3.1B | 3.6% | 53.0% | 0 | Sustainable |
2nd  ZIONZions Bancorporation… | $10.4B | 2.5% | 29.3% | 13 | Sustainable |
WAL Annual Dividend History (2001–2026)
25 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.84 | — | 2 | — | — | — | 1.4% |
| 2025 | $1.56 | 4.7% | 4 | $8.73 | 17.9% | 5.60x | 2.6% |
| 2024 | $1.49 | 2.8% | 4 | $7.09 | 21.0% | 4.76x | 2.5% |
| 2023 | $1.45 | 2.1% | 4 | $6.54 | 22.2% | 4.51x | 2.5% |
| 2022 | $1.42 | 18.3% | 4 | $9.70 | 14.6% | 6.83x | 2.4% |
| 2021 | $1.20 | 20.0% | 4 | $8.67 | 13.8% | 7.23x | 2.0% |
| 2020 | $1.00 | 100.0% | 4 | $5.04 | 19.8% | 5.04x | 1.7% |
| 2019 | $0.50 | — | 2 | $4.84 | 10.3% | 9.68x | 0.8% |
| 2018 | $0.00 | — | 0 | $4.14 | — | — | — |
| 2017 | $0.00 | — | 0 | $3.10 | — | — | — |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
7+ years return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
WAL — Frequently Asked Questions
Quick answers to the most common questions about buying WAL stock.
How much dividend does WAL pay per share?
Western Alliance Bancorporation (WAL) pays a trailing 12-month dividend of $1.69 per share, with a current dividend yield of +2.1%. Payments are made Semi-Annual.
When is WAL's next ex-dividend date?
WAL's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WAL typically pays dividends Semi-Annual.
Is WAL's dividend safe?
WAL's dividend safety is rated "Sustainable" based on an earnings payout ratio of +19.1% and FCF payout ratio of N/A. The 7-year growth streak provides moderate confidence.
Is WAL a Dividend Payer?
Yes, Western Alliance Bancorporation is classified as a Dividend Payer with 7 consecutive years of dividend increases. The 5-year dividend CAGR is +9.3%, demonstrating above-inflation dividend growth.
How often does WAL pay dividends?
Western Alliance Bancorporation pays dividends Semi-Annual. The trailing 12-month total is $1.69 per share. Dividend data on this page covers 7+ years from 2019 to 2026.
How much would $10,000 invested in WAL grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WAL five years ago would be worth approximately $9,270 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WAL's yield on cost for long-term holders?
WAL's yield on cost — the current dividend divided by the original purchase price — is +2.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.1% market yield, thanks to consistent dividend growth.