HNVR Stock — Hanover Bancorp Inc

Hanover Bancorp Inc (HNVR)

Updated October 16, 2026.

HNVR is a Stock. its distribution rate is 1.66%, its trailing-12-month yield is 1.66%. Dividend Vision Distribution Safety Score™ is 94/100 (Safe). Total return is 25.0% over the past 4.4 years, 81.4 points behind SPY at 106.4%.

Hanover Bancorp is a bank holding company operating Hanover Community Bank, which provides personal and business banking services including lending, deposit accounts, and digital banking solutions to small and medium-sized businesses, municipalities, and individuals across New York and New Jersey. The company distributes quarterly with a modest current distribution rate. It appeals to investors seeking income and exposure to regional banking operations.

HNVR performance versus SPY

Price and return data through 2026-10-16.

Total return is 25.0% over the past 4.4 years, 81.4 points behind SPY at 106.4%. Over the past year its total return — price change plus distributions reinvested — is 17.8%. Its deepest 1-year drawdown was 15.2%.

HNVR key facts

Distribution Safety Score™

94 · Safe

Safety-Adjusted Yield

1.56%

Asset type

Stock

Asset class

Equity

Inception date

05/11/2022

Distribution rate

1.66%

Distribution frequency

Quarterly

Trailing yield

1.66%

5-year average yield

1.68

Last close

$24.13 (as of 2026-10-16)

Market cap

$170,247,381

Average volume

8301.0

Dividend

$0.10

Ex-dividend date

08/06/2026

Payment date

08/13/2026

Beta

0.095

Payout ratio

25.1%

P/E ratio

19.0

Forward P/E

7.9214

EPS

$1.27

How Dividend Vision calculates yield and returns

Distribution rate (1.66%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.66%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

HNVR risks and drawbacks

HNVR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 15.2%.

Who may consider HNVR — and who may not

HNVR may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (HNVR pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

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Tagged: Financials, Dividend.

Frequently asked questions