Does WAL pay a dividend?

Yes. Western Alliance Bancorporation pays a quarterly dividend, currently yielding 2.01% based on trailing twelve-month payments of $1.64 per share.

How much does WAL pay in dividends?

$1.64 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next WAL ex-dividend date?

The next ex-dividend date on record is August 13, 2026, with payment on August 27, 2026. You must own the shares before the ex-dividend date to receive that payment.

WAL Dividend

Western Alliance Bancorporation

NYSEFinancial ServicesStockData as of August 12, 2026

Dividend yield: 2.01%
Annual dividend: $1.64
Payout ratio: 0.19
Frequency: Quarterly
Share price: $81.50
Market cap: $8.9B

Next payment

Ex-dividend date: August 13, 2026Pay date: August 27, 2026Amount: $0.4200

You must own the shares before the ex-dividend date to receive this payment.

Is WAL a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is below the market median2.01% against a median of 2.78%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
Dividend is comfortably coveredA payout ratio of 0.19 means roughly 19% of earnings go to the dividend, leaving room to keep paying through a weaker year.
No annual reduction on recordAcross 7 complete years of payment history, the total paid has never fallen year on year.
Raised for 6 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.

WAL dividend history

Annual dividend per share, 2019 to 2025.

Peak $1.52 in 2025Typical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 29 dividend payments for WAL, most recent first.
Ex-dividend date	Pay date	Amount	Type
August 13, 2026	August 27, 2026	$0.4200	Quarterly
May 14, 2026	May 29, 2026	$0.4200	Quarterly
February 20, 2026	March 6, 2026	$0.4200	Quarterly
November 13, 2025	November 28, 2025	$0.4200	Quarterly
August 14, 2025	August 29, 2025	$0.3800	Quarterly
May 15, 2025	May 30, 2025	$0.3800	Quarterly
February 14, 2025	February 28, 2025	$0.3800	Quarterly
November 15, 2024	November 29, 2024	$0.3800	Quarterly
August 16, 2024	August 30, 2024	$0.3700	Quarterly
May 15, 2024	May 31, 2024	$0.3700	Quarterly
February 15, 2024	March 1, 2024	$0.3700	Quarterly
November 16, 2023	December 1, 2023	$0.3700	Quarterly
August 10, 2023	August 25, 2023	$0.3600	Quarterly
May 11, 2023	May 26, 2023	$0.3600	Quarterly
February 16, 2023	March 3, 2023	$0.3600	Quarterly
November 17, 2022	December 2, 2022	$0.3600	Quarterly
August 11, 2022	August 26, 2022	$0.3600	Quarterly
May 12, 2022	May 27, 2022	$0.3500	Quarterly
February 17, 2022	March 4, 2022	$0.3500	Quarterly
November 18, 2021	December 3, 2021	$0.3500	Quarterly
August 12, 2021	August 27, 2021	$0.3500	Quarterly
May 13, 2021	May 28, 2021	$0.2500	Quarterly
February 18, 2021	March 5, 2021	$0.2500	Quarterly
November 12, 2020	November 27, 2020	$0.2500	Quarterly
August 13, 2020	August 28, 2020	$0.2500	Quarterly
May 14, 2020	May 29, 2020	$0.2500	Quarterly
February 13, 2020	February 28, 2020	$0.2500	Quarterly
November 14, 2019	November 29, 2019	$0.2500	Quarterly
August 15, 2019	August 30, 2019	$0.2500	Quarterly

How much would WAL pay you?

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Frequently asked questions

Does WAL pay a dividend?: Yes. Western Alliance Bancorporation pays a quarterly dividend, currently yielding 2.01% based on trailing twelve-month payments of $1.64 per share.
How much does WAL pay in dividends?: $1.64 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next WAL ex-dividend date?: The next ex-dividend date on record is August 13, 2026, with payment on August 27, 2026. You must own the shares before the ex-dividend date to receive that payment.