HFWA – Dividend Returns, History & Calculator
Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. The company accepts various deposit products, such as noni
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Total Returns
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Calculate your HFWA Dividend Returns
Quickly and easily calculate HFWA dividend yield using our HFWA calculator. Adjust the fields below to see how your HFWA investments snowball over time.
Portfolio Growth Over Time
Data last updated: October 16, 2025 5:13 pm
Year-by-Year Portfolio Growth (Realistic DRIP Scenario)
| Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $10,000 | 444 | $22.52 | $0.24 | 4.26% | 4.26% | $466 | $466 | 518 | $11,666 |
| 2 | $11,869 | 518 | $22.91 | $0.24 | 4.25% | 4.32% | $544 | $1,010 | 594 | $13,614 |
| 3 | $13,851 | 594 | $23.31 | $0.25 | 4.23% | 4.38% | $627 | $1,637 | 673 | $15,678 |
| 4 | $15,952 | 673 | $23.71 | $0.25 | 4.21% | 4.44% | $715 | $2,352 | 753 | $17,867 |
| 5 | $18,179 | 753 | $24.13 | $0.25 | 4.20% | 4.50% | $807 | $3,159 | 837 | $20,186 |
| 6 | $20,538 | 837 | $24.55 | $0.26 | 4.18% | 4.56% | $904 | $4,063 | 922 | $22,642 |
| 7 | $23,037 | 922 | $24.98 | $0.26 | 4.16% | 4.62% | $1,006 | $5,069 | 1,011 | $25,243 |
| 8 | $25,683 | 1,011 | $25.41 | $0.26 | 4.15% | 4.68% | $1,113 | $6,182 | 1,102 | $27,997 |
| 9 | $28,485 | 1,102 | $25.86 | $0.27 | 4.13% | 4.74% | $1,226 | $7,408 | 1,195 | $30,912 |
| 10 | $31,451 | 1,195 | $26.31 | $0.27 | 4.11% | 4.81% | $1,345 | $8,754 | 1,292 | $33,997 |
HFWA Dividend History
| Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 08/06/2025 | 08/06/2025 | $0.240 | 4.24% | 4.29% | $22.40 |
| 05/07/2025 | 05/07/2025 | $0.240 | 4.09% | 4.18% | $22.98 |
| 02/06/2025 | 02/06/2025 | $0.240 | 3.61% | 3.73% | $25.77 |
| 11/06/2024 | 11/06/2024 | $0.230 | 3.37% | 3.37% | $27.28 |
| 08/07/2024 | 08/07/2024 | $0.230 | 4.38% | 4.43% | $20.78 |
| 05/07/2024 | 05/07/2024 | $0.230 | 4.81% | 4.91% | $18.72 |
| 02/07/2024 | 02/07/2024 | $0.230 | 4.92% | 5.09% | $18.08 |
| 10/31/2023 | 10/31/2023 | $0.220 | 5.41% | 5.41% | $16.27 |
| 08/01/2023 | 08/01/2023 | $0.220 | 4.70% | 4.76% | $18.50 |
| 05/03/2023 | 05/03/2023 | $0.220 | 5.33% | 5.45% | $16.14 |
| 02/07/2023 | 02/07/2023 | $0.220 | 2.90% | 3.01% | $29.27 |
| 11/01/2022 | 11/01/2022 | $0.210 | 2.53% | 2.53% | $33.15 |
| 08/02/2022 | 08/02/2022 | $0.210 | 3.29% | 3.29% | $25.55 |
| 05/03/2022 | 05/03/2022 | $0.210 | 3.34% | 3.38% | $24.85 |
| 02/08/2022 | 02/08/2022 | $0.210 | 3.16% | 3.24% | $25.91 |
| 11/02/2021 | 11/02/2021 | $0.210 | 3.24% | 3.36% | $24.99 |
| 08/03/2021 | 08/03/2021 | $0.200 | 3.29% | 3.29% | $24.28 |
| 05/04/2021 | 05/04/2021 | $0.200 | 2.81% | 2.81% | $28.42 |
| 02/09/2021 | 02/09/2021 | $0.200 | 3.30% | 3.30% | $24.22 |
| 11/03/2020 | 11/03/2020 | $0.200 | 3.67% | 3.67% | $21.78 |
HFWA 10-yr Total Return ($10,000 invested)
This analysis of HFWA demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 5.6% CAGR, representing moderate long-term performance. The DRIP strategy provided 21% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.
Total Return with and without DRIP (HFWA)
Over the selected period, investing $10,000 in HFWA would grow to $25,368 with DRIP (153.7%), and $22,823 without DRIP (128.2%).
HFWA Dividend Reinvestment Snowball
Investing $10,000 + $100/mo in HFWA with historic price growth (1.62%) and dividend growth (1.34%) produces dramatically different outcomes depending on whether you reinvest dividends.
After 20 Years
Your Investment: $34,000
Portfolio: $76,799
Annual Dividend: $3,135
Yield on Cost: 9.22%
Total Dividends: $30,791
Portfolio: $63,165
Total Dividends: $21,023
After 30 Years
Your Investment: $46,000
Portfolio: $150,457
Annual Dividend: $5,975
Yield on Cost: 12.99%
Total Dividends: $74,688
Portfolio: $104,433
Total Dividends: $41,890
Milestones on the way
By year 13, the compounding really starts to show. Your total dividends collected reach $13,744 against a total investment of $25,600. At this point, your portfolio is throwing off $1,857 per year in dividends alone.
By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $2,531, a powerful “income on autopilot” milestone.
After two decades, cumulative dividends total $30,791 versus $34,000 invested, nearly a 91% recovery of capital purely from income. Yield on cost reaches 9.22%.
At year 25, the income engine takes over. The portfolio’s annual dividend of $4,375 is greater than total contributions to date ($40,000), and cumulative dividends exceed $49,249.
By year 30, the DRIP snowball is in full force. Yearly income reaches $5,975, cumulative dividends total $74,688, and the DRIP portfolio value stands at $150,457, compared with $104,433 if dividends weren’t reinvested.
How we estimate these numbers
We use the latest calculator inputs for HFWA, price $22.25, dividend per period $0.24 (4×/year), along with historic growth assumptions: price growth 1.62% and dividend growth 1.34% annually.
We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No‑DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.
This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.
Projected Future Returns & Dividends for HFWA
Based on past 10-year performance, here are HFWA growth metrics:
Using HFWA CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:
| HFWA (DRIP) | HFWA (No DRIP) | |
|---|---|---|
| Current Price | $22.51 | $22.51 |
| Start Shares | 444.25 | 444.25 |
| Start Value | $10,000 | $10,000 |
| After 10 years: | ||
| Final Share Count | 670.43 | 444.15 |
| Dividends Payment | $1.90 | $1.90 |
| Annual Dividends | $1,223 | $844 |
| Yield on cost | 12.23% | 8.44% |
| Share Price | $45.73 | $45.73 |
| Total Dividends | $7,852 | $6,327 |
| Final Value | $30,659 | $26,638 |
Estimated Future Value + Dividends – HFWA
Dividend History: Payments & Yield
Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.
Dividend Growth
Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.
Dividend Payments & Yield
Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.
HFWA Dividend History
| Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 08/06/2025 | 08/06/2025 | $0.240 | 4.24% | 4.29% | $22.40 |
| 05/07/2025 | 05/07/2025 | $0.240 | 4.09% | 4.18% | $22.98 |
| 02/06/2025 | 02/06/2025 | $0.240 | 3.61% | 3.73% | $25.77 |
| 11/06/2024 | 11/06/2024 | $0.230 | 3.37% | 3.37% | $27.28 |
| 08/07/2024 | 08/07/2024 | $0.230 | 4.38% | 4.43% | $20.78 |
| 05/07/2024 | 05/07/2024 | $0.230 | 4.81% | 4.91% | $18.72 |
| 02/07/2024 | 02/07/2024 | $0.230 | 4.92% | 5.09% | $18.08 |
| 10/31/2023 | 10/31/2023 | $0.220 | 5.41% | 5.41% | $16.27 |
| 08/01/2023 | 08/01/2023 | $0.220 | 4.70% | 4.76% | $18.50 |
| 05/03/2023 | 05/03/2023 | $0.220 | 5.33% | 5.45% | $16.14 |
| 02/07/2023 | 02/07/2023 | $0.220 | 2.90% | 3.01% | $29.27 |
| 11/01/2022 | 11/01/2022 | $0.210 | 2.53% | 2.53% | $33.15 |
| 08/02/2022 | 08/02/2022 | $0.210 | 3.29% | 3.29% | $25.55 |
| 05/03/2022 | 05/03/2022 | $0.210 | 3.34% | 3.38% | $24.85 |
| 02/08/2022 | 02/08/2022 | $0.210 | 3.16% | 3.24% | $25.91 |
| 11/02/2021 | 11/02/2021 | $0.210 | 3.24% | 3.36% | $24.99 |
| 08/03/2021 | 08/03/2021 | $0.200 | 3.29% | 3.29% | $24.28 |
| 05/04/2021 | 05/04/2021 | $0.200 | 2.81% | 2.81% | $28.42 |
| 02/09/2021 | 02/09/2021 | $0.200 | 3.30% | 3.30% | $24.22 |
| 11/03/2020 | 11/03/2020 | $0.200 | 3.67% | 3.67% | $21.78 |
| 08/04/2020 | 08/04/2020 | $0.200 | 4.83% | 4.34% | $18.42 |
| 05/12/2020 | 05/12/2020 | $0.200 | 5.35% | 4.87% | $16.44 |
| 02/05/2020 | 02/05/2020 | $0.200 | 3.17% | 2.95% | $27.09 |
| 11/06/2019 | 11/06/2019 | $0.290 | 2.96% | 4.09% | $28.38 |
| 08/07/2019 | 08/07/2019 | $0.190 | 3.06% | 2.83% | $26.82 |
| 05/07/2019 | 05/07/2019 | $0.180 | 2.51% | 2.32% | $31.02 |
| 02/06/2019 | 02/06/2019 | $0.180 | 2.37% | 2.28% | $31.64 |
| 11/06/2018 | 11/06/2018 | $0.270 | 2.18% | 3.27% | $32.98 |
| 08/08/2018 | 08/08/2018 | $0.150 | 1.92% | 1.69% | $35.45 |
| 05/09/2018 | 05/09/2018 | $0.150 | 2.10% | 1.90% | $31.50 |
| 02/06/2018 | 02/06/2018 | $0.150 | 2.16% | 2.03% | $29.60 |
| 11/07/2017 | 11/07/2017 | $0.230 | 1.99% | 3.00% | $30.70 |
| 08/08/2017 | 08/08/2017 | $0.130 | 2.75% | 1.90% | $27.30 |
| 05/08/2017 | 05/08/2017 | $0.130 | 2.92% | 2.06% | $25.30 |
| 02/07/2017 | 02/07/2017 | $0.120 | 2.93% | 1.92% | $24.95 |
| 11/04/2016 | 11/04/2016 | $0.370 | 3.99% | 8.20% | $18.05 |
| 08/02/2016 | 08/02/2016 | $0.120 | 3.24% | 2.78% | $17.26 |
| 05/03/2016 | 05/03/2016 | $0.120 | 3.11% | 2.72% | $17.67 |
| 02/08/2016 | 02/08/2016 | $0.110 | 3.11% | 2.53% | $17.38 |
| 11/02/2015 | 11/02/2015 | $0.210 | 2.83% | 4.49% | $18.70 |
| 08/04/2015 | 08/04/2015 | $0.110 | 2.75% | 2.52% | $17.43 |
| 05/05/2015 | 05/05/2015 | $0.110 | 2.74% | 2.63% | $16.76 |
| 02/06/2015 | 02/06/2015 | $0.100 | 2.68% | 2.43% | $16.43 |
| 11/28/2014 | 11/28/2014 | $0.160 | 2.48% | 3.78% | $16.93 |
| 11/04/2014 | 11/04/2014 | $0.090 | 1.94% | 2.06% | $17.49 |
| 08/05/2014 | 08/05/2014 | $0.090 | 2.09% | 2.28% | $15.78 |
| 04/04/2014 | 04/04/2014 | $0.080 | 2.47% | 1.88% | $17.02 |
| 02/06/2014 | 02/06/2014 | $0.080 | 2.59% | 1.97% | $16.24 |
| 11/01/2013 | 11/01/2013 | $0.080 | 2.59% | 1.97% | $16.23 |
| 08/02/2013 | 08/02/2013 | $0.180 | 2.67% | 4.57% | $15.74 |
| 05/08/2013 | 05/08/2013 | $0.080 | 2.32% | 2.32% | $13.79 |
| 02/06/2013 | 02/06/2013 | $0.080 | 2.24% | 2.24% | $14.26 |
| 11/07/2012 | 11/07/2012 | $0.080 | 3.18% | 2.31% | $13.85 |
| 08/10/2012 | 08/10/2012 | $0.080 | 3.12% | 2.27% | $14.12 |
| 08/08/2012 | 08/08/2012 | $0.080 | 3.02% | 2.30% | $13.92 |
| 07/06/2012 | 07/06/2012 | $0.200 | 4.05% | 5.49% | $14.57 |
| 05/08/2012 | 05/08/2012 | $0.080 | 3.25% | 2.37% | $13.53 |
| 02/08/2012 | 02/08/2012 | $0.060 | 2.87% | 1.68% | $14.29 |
| 11/23/2011 | 11/23/2011 | $0.250 | 3.30% | 8.68% | $11.52 |
| 11/08/2011 | 11/08/2011 | $0.050 | 1.92% | 1.67% | $12.00 |
| 08/10/2011 | 08/10/2011 | $0.050 | 2.76% | 1.72% | $11.61 |
| 05/11/2011 | 05/11/2011 | $0.030 | 3.60% | 0.90% | $13.33 |
| 02/03/2009 | 02/03/2009 | $0.100 | 5.59% | 3.39% | $11.80 |
| 10/10/2008 | 10/10/2008 | $0.140 | 6.84% | 4.98% | $11.25 |
| 07/11/2008 | 07/11/2008 | $0.210 | 6.11% | 6.11% | $13.75 |
| 04/11/2008 | 04/11/2008 | $0.210 | 4.88% | 4.88% | $17.20 |
| 01/11/2008 | 01/11/2008 | $0.210 | 4.37% | 4.37% | $19.22 |
| 10/11/2007 | 10/11/2007 | $0.210 | 3.77% | 3.77% | $22.30 |
| 07/12/2007 | 07/12/2007 | $0.210 | 3.53% | 3.55% | $23.67 |
| 04/12/2007 | 04/12/2007 | $0.210 | 3.44% | 3.50% | $24.00 |
| 01/10/2007 | 01/10/2007 | $0.210 | 3.33% | 3.46% | $24.30 |
| 10/12/2006 | 10/12/2006 | $0.205 | 3.12% | 3.24% | $25.32 |
| 07/13/2006 | 07/13/2006 | $0.200 | 2.85% | 2.96% | $27.01 |
| 04/12/2006 | 04/12/2006 | $0.195 | 2.64% | 2.78% | $28.07 |
| 01/11/2006 | 01/11/2006 | $0.190 | 2.94% | 3.13% | $24.28 |
| 10/13/2005 | 10/13/2005 | $0.185 | 2.95% | 3.19% | $23.21 |
| 07/13/2005 | 07/13/2005 | $0.171 | 3.14% | 3.27% | $20.95 |
| 04/13/2005 | 04/13/2005 | $0.167 | 3.10% | 3.24% | $20.57 |
| 01/12/2005 | 01/12/2005 | $0.162 | 2.99% | 3.13% | $20.69 |
| 10/13/2004 | 10/13/2004 | $0.157 | 3.02% | 3.16% | $19.89 |
| 07/13/2004 | 07/13/2004 | $0.152 | 3.23% | 3.38% | $18.01 |
| 04/13/2004 | 04/13/2004 | $0.148 | 2.99% | 3.14% | $18.81 |
| 01/13/2004 | 01/13/2004 | $0.143 | 2.66% | 2.81% | $20.37 |
| 10/10/2003 | 10/10/2003 | $0.138 | 2.50% | 2.64% | $20.95 |
| 07/11/2003 | 07/11/2003 | $0.133 | 2.49% | 2.63% | $20.30 |
| 04/11/2003 | 04/11/2003 | $0.129 | 2.27% | 2.40% | $21.40 |
| 01/13/2003 | 01/13/2003 | $0.124 | 2.58% | 2.74% | $18.09 |
| 10/10/2002 | 10/10/2002 | $0.119 | 2.93% | 3.12% | $15.29 |
| 07/11/2002 | 07/11/2002 | $0.114 | 2.95% | 3.15% | $14.52 |
| 04/11/2002 | 04/11/2002 | $0.110 | 3.10% | 3.31% | $13.23 |
| 01/11/2002 | 01/11/2002 | $0.105 | 3.50% | 3.76% | $11.14 |
| 10/11/2001 | 10/11/2001 | $0.100 | 3.47% | 3.73% | $10.71 |
| 07/12/2001 | 07/12/2001 | $0.095 | 3.53% | 3.82% | $9.97 |
| 04/11/2001 | 04/11/2001 | $0.091 | 3.62% | 3.93% | $9.21 |
| 01/17/2001 | 01/17/2001 | $0.086 | 3.41% | 3.72% | $9.23 |
| 10/12/2000 | 10/12/2000 | $0.081 | 3.49% | 3.89% | $8.33 |
| 07/12/2000 | 07/12/2000 | $0.076 | 3.22% | 3.62% | $8.42 |
| 04/12/2000 | 04/12/2000 | $0.071 | 3.37% | 3.81% | $7.50 |
| 01/12/2000 | 01/12/2000 | $0.062 | 3.16% | 3.35% | $7.38 |
Dividend Payout Ratio
Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.
Dividend to Free Cash Flow Ratio
Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.
Share Price
Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.
Price to Earnings
HFWA trades at a 63.4x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.
Price to Sales
HFWA trades at a 12.2x price-to-sales ratio, providing insight into market valuation relative to revenue generation.
Revenue
HFWA generated $0.1B in revenue.
Net Income
HFWA reported $0.0B in net income. Net income has declined by 50% over the period.
Revenue vs Net Income
HFWA generated $0.1B in revenue with net income of $0.0B, representing a 19.3% net profit margin.
Gross Profit
HFWA achieved $0.1B in gross profit, showing revenue after direct production costs.
Operating Income
HFWA generated $0.0B in operating income, representing profit from core business operations.
EBITDA
HFWA generated $0.0B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.
Operating Cash Flow
HFWA generated $0.0B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.
Free Cash Flow
HFWA generated $0.0B in free cash flow. Free cash flow has decreased by 55% over the period.
Free Cash Flow / Share
HFWA generates $0.35 in free cash flow per share. FCF per share has declined by 55% over the period.
Earnings Per Share (EPS)
HFWA reported $0.36 in earnings per share. EPS has declined by 50% over the period.
Return on Equity (ROE)
HFWA delivered a 16.1% return on equity, indicating how effectively the company generates returns for shareholders.
Return on Assets (ROA)
HFWA achieved a 9.6% return on assets, measuring how efficiently the company uses its assets to generate profit.
Net Profit Margin
HFWA maintains a 19.3% net profit margin, showing the percentage of revenue retained as profit after all expenses.
Gross Profit Margin
HFWA operates with a 82.9% gross profit margin, reflecting pricing power and cost efficiency in core operations.
Cash & Debt
HFWA holds $0.0B in cash against $0.0B in debt, resulting in a net cash position of $0.0B.
Shares Outstanding
HFWA has 0.0B shares outstanding.
Stock-Based Comp
HFWA reported $0.0B in stock-based compensation.
FCF vs Stock Based Comp
HFWA generated $0.0B in free cash flow while spending $0.0B on stock-based compensation, representing 13% of FCF.
FCF vs FCF / Share
HFWA reported $0.0B in free cash flow, translating to $0.35 per share.
Revenue: Actual + Estimates
This chart tracks HFWA revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EPS: Actual + Estimates
This chart tracks HFWA eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
Net Income: Actual + Estimates
This chart tracks HFWA net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EBITDA: Actual + Estimates
This chart tracks HFWA ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
