WAL Dividend History & Yield

Western Alliance Bancorporation · NYSE

Stock Financial Services Quarterly payer
$79.94
-1.25% today
as of Sep 9, 2026
TTM yield
2.10%
$1.68/share over the last 12 months
Forward yield
2.10%
$1.68/share indicated annual rate
Annual dividend
$1.68
per share, forward
Per payment
$0.42
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 12, 2026 Estimated
in 64 days
Next pay date
Nov 26, 2026
in 78 days
Last ex-dividend date
Aug 13, 2026
$0.42 per share
Payout ratio
19%
of earnings
Market cap
8.7B
P/E 9.0
5y dividend CAGR
+8.8%
annualised, regular payments
Growth streak
5 yrs
consecutive annual raises
Years paying
7.1
since Aug 15, 2019
1y total return
-8.9%
price -10.7% + dividends 1.9%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Nov 12, 2026 (in 64 days) Nov 26, 2026 $0.42 $42.00 Estimated
Thu, Feb 11, 2027 (in 155 days) Feb 25, 2027 $0.42 $42.00 Estimated
Thu, May 13, 2027 (in 246 days) May 27, 2027 $0.42 $42.00 Estimated
Thu, Aug 12, 2027 (in 337 days) Aug 26, 2027 $0.42 $42.00 Estimated

Estimated dates and amounts are projected from WAL's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.68 per share.

Dividend payment history

Last 29 payments per share. RegularSpecial

Last 29 payments per share from Aug 15, 2019 to Aug 13, 2026; most recent $0.42$0.00$0.25$0.50Aug 15, 2019: $0.25Aug '19Nov 14, 2019: $0.25Feb 13, 2020: $0.25May 14, 2020: $0.25Aug 13, 2020: $0.25Aug '20Nov 12, 2020: $0.25Feb 18, 2021: $0.25May 13, 2021: $0.25Aug 12, 2021: $0.35Aug '21Nov 18, 2021: $0.35Feb 17, 2022: $0.35May 12, 2022: $0.35Aug 11, 2022: $0.36Aug '22Nov 17, 2022: $0.36Feb 16, 2023: $0.36May 11, 2023: $0.36Aug 10, 2023: $0.36Aug '23Nov 16, 2023: $0.37Feb 15, 2024: $0.37May 15, 2024: $0.37Aug 16, 2024: $0.37Aug '24Nov 15, 2024: $0.38Feb 14, 2025: $0.38May 15, 2025: $0.38Aug 14, 2025: $0.38Aug '25Nov 13, 2025: $0.42Feb 20, 2026: $0.42May 14, 2026: $0.42Aug 13, 2026: $0.42Aug '26

Annual dividends per share

Annual dividend per share by calendar year, 2019 to 2026 (year to date)$0.00$1.00$2.002019: $0.50$0.5020192020: $1.00$1.0020202021: $1.20$1.2020212022: $1.42$1.4220222023: $1.45$1.4520232024: $1.49$1.4920242025: $1.56$1.5620252026 (YTD): $1.26$1.262026 YTD

How much WAL do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month715$57,100$1,200
$500 / month3,572$285,500$6,000
$1,000 / month7,143$571,000$12,000

Based on the forward yield of 2.10%. $10,000 in WAL would currently pay about $210 a year ($18 a month on average). Model reinvestment and growth →

WAL dividend history

Ex-datePay dateAmountChange
Aug 13, 2026 $0.42 +0.0%
May 14, 2026 $0.42 +0.0%
Feb 20, 2026 $0.42 +0.0%
Nov 13, 2025 $0.42 +10.5%
Aug 14, 2025 $0.38 +0.0%
May 15, 2025 $0.38 +0.0%
Feb 14, 2025 $0.38 +0.0%
Nov 15, 2024 $0.38 +2.7%
Aug 16, 2024 $0.37 +0.0%
May 15, 2024 $0.37 +0.0%
Feb 15, 2024 $0.37 +0.0%
Nov 16, 2023 $0.37 +2.8%
Aug 10, 2023 $0.36 +0.0%
May 11, 2023 $0.36 +0.0%
Feb 16, 2023 $0.36 +0.0%
Nov 17, 2022 $0.36 +0.0%
Aug 11, 2022 $0.36 +2.9%
May 12, 2022 $0.35 +0.0%
Feb 17, 2022 $0.35 +0.0%
Nov 18, 2021 $0.35 +0.0%
Aug 12, 2021 $0.35 +40.0%
May 13, 2021 $0.25 +0.0%
Feb 18, 2021 $0.25 +0.0%
Nov 12, 2020 $0.25 +0.0%

WAL dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Nov 13, 2025 Raised 10.5% $0.38 $0.42 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

WAL scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Western Alliance Bancorporation

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including demand deposit, checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors; and residential mortgage products and services.

Sector: Financial Services. Industry: Banks - Regional. First dividend on our records: Aug 15, 2019. 29 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

WAL dividend FAQ

When is WAL's next ex-dividend date?

WAL's next ex-dividend date is Nov 12, 2026 (in 64 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.42 per share, expected on Nov 26, 2026.

How often does WAL pay dividends?

WAL pays dividends every quarter, 4 times a year. The most recent payment was $0.42 per share with an ex-date of Aug 13, 2026.

What is WAL's dividend yield?

WAL's trailing 12-month dividend yield is 2.10%, based on $1.68 per share paid over the last year and a share price of $79.94. The forward yield, using the indicated annual rate of $1.68 per share, is 2.10%.

How much does WAL pay per share?

WAL pays about $0.42 per share each quarter, which works out to roughly $1.68 per share a year. 100 shares would collect about $168.00 a year.

Has WAL grown or cut its dividend?

WAL has raised its annual dividend for 5 consecutive years. Over the last 5 years the regular payout has grown at 8.8% a year (+10.5% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of WAL do I need to earn $100 a month?

At the current forward yield of 2.10%, you would need about 715 shares of WAL (roughly $57,100 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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