Sandy Spring Bancorp Stock Dividends
SASR pays dividends quarterly. Last paid amount was $0.340 at Feb 21, 2024. As of today, dividend yield (TTM) is 6.04%.
Dividend Yield Range
AI Analysis of SASR
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 6.04% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.340 |
| Next Ex-Dividend Date | May 07, 2024 |
| Next Payment Date | May 07, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from SASR the purchase should be done within the next 2 days.
Here's a simple guide on how to buy SASR stock.
SASR Dividend Payout History
To ensure a understanding of SASR's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 07, 2024 | May 07, 2024 | May 07, 2024 | $0 | 0% |
| 2 | Jan 31, 2024 | Feb 13, 2024 | Feb 21, 2024 | $0.340 | 1.55% |
| 3 | Oct 26, 2023 | Nov 07, 2023 | Nov 15, 2023 | $0.340 | 1.45% |
| 4 | Jul 26, 2023 | Aug 08, 2023 | Aug 16, 2023 | $0.340 | 1.50% |
| 5 | Apr 26, 2023 | May 09, 2023 | May 17, 2023 | $0.340 | 1.54% |
| 6 | Jan 26, 2023 | Feb 07, 2023 | Feb 15, 2023 | $0.340 | 0.99% |
| 7 | Oct 27, 2022 | Nov 08, 2022 | Nov 16, 2022 | $0.340 | 0.99% |
| 8 | Jul 28, 2022 | Aug 09, 2022 | Aug 17, 2022 | $0.340 | 0.80% |
| 9 | Apr 28, 2022 | May 10, 2022 | May 18, 2022 | $0.340 | 0.86% |
| 10 | Jan 27, 2022 | Feb 17, 2022 | Feb 28, 2022 | $0.340 | 0.722% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
SASR Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SASR dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in SASR stock here.
Comparing SASR to Sector and Country
SASR pays a solid dividend yield of 6.04%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). SASR’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%), which means that there are more attractive dividend stocks to consider.
SASR Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Sandy Spring Bancorp | 976.099M | $0.340 | 6.04% | 49.92% | |
| Towne Bank | 1.966B | $0.250 | 3.96% | 46.44% | |
| Heartland Financial USA | 1.851B | $0.300 | 3.92% | 75.02% | |
| Trustmark Corporation | 1.871B | $0.230 | 3.78% | 27.11% | |
| Washington Federal | 2.294B | $0.260 | 3.58% | 31.62% | |
| Virtus Investment Partners | 1.592B | $1.90 | 3.44% | 31.16% | |
| Seacoast Banking Corporation of Florida | 2.031B | $0.180 | 2.98% | 51.26% | |
| BancFirst Corporation | 2.982B | $0.430 | 1.92% | 19.73% |
