Dividends4Life: Bank of Hawaii Corporation (NYSE:BOH) Looks Like A Good Stock

Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Bank of Hawaii Corporation (NYSE:BOH) is about to go ex-dividend in just 3 days. You will need to purchase shares before the 29th of August to receive the dividend, which will be paid on the 16th of September.

Bank of Hawaii’s next dividend payment will be US$0.65 per share. Last year, in total, the company distributed US$2.60 to shareholders. Looking at the last 12 months of distributions, Bank of Hawaii has a trailing yield of approximately 3.2% on its current stock price of $80.03. We love seeing companies pay a dividend, but it’s also important to be sure that laying the golden eggs isn’t going to kill our golden goose! So we need to check whether the dividend payments are covered, and if earnings are growing.

Source: Simply Wall St.

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