Southside Bancshares Stock Dividends
Southside Bancshares Stock Dividends Overview
SBSI pays dividends quarterly. Last paid amount was $0.360 at Jun 06, 2024. As of today, dividend yield (TTM) is 4.99%.
Dividend Yield Range
AI Analysis of SBSI
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.99% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 2.86% |
| Payout Ratio | 0 |
| Amount Per Share | $0.360 |
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Southside Bancshares has not yet announced its next dividend date. Last payment date was: Jun 06, 2024.
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SBSI Dividend Payout History
To ensure a understanding of SBSI'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 09, 2024 | May 22, 2024 | Jun 06, 2024 | $0.360 | 1.37% |
| 2 | Feb 01, 2024 | Feb 14, 2024 | Feb 29, 2024 | $0.360 | 1.26% |
| 3 | Nov 02, 2023 | Nov 21, 2023 | Dec 07, 2023 | $0.370 | 1.22% |
| 4 | Aug 03, 2023 | Aug 16, 2023 | Sep 01, 2023 | $0.350 | 1.14% |
| 5 | May 04, 2023 | May 22, 2023 | Jun 06, 2023 | $0.350 | 1.21% |
| 6 | Feb 02, 2023 | Feb 15, 2023 | Mar 02, 2023 | $0.350 | 0.93% |
| 7 | Nov 03, 2022 | Nov 22, 2022 | Dec 08, 2022 | $0.380 | 1.08% |
| 8 | Aug 04, 2022 | Aug 17, 2022 | Sep 01, 2022 | $0.340 | 0.90% |
| 9 | May 05, 2022 | May 18, 2022 | Jun 02, 2022 | $0.340 | 0.84% |
| 10 | Feb 03, 2022 | Feb 16, 2022 | Mar 03, 2022 | $0.340 | 0.81% |
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
SBSI Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SBSI 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 SBSI stock here.
Comparing SBSI to Sector and Country
SBSI pays a solid dividend yield of 4.99%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.95%). SBSI’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.85%), which means that there are more attractive dividend stocks to consider.
SBSI Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Safety Insurance Group | 1.122B | $0.90 | 5.95% | 103.64% | |
| Brookline Bancorp | 730.714M | $0.135 | 5.79% | 58.41% | |
| OceanFirst Financial Corp. | 870.721M | $0.200 | 5.08% | 49.01% | |
| Southside Bancshares | 784.677M | $0.360 | 4.99% | 52.92% | |
| Dime Community Bancshares | 720.167M | $0.250 | 4.84% | 58.84% | |
| First Busey Corporation | 1.275B | $0.240 | 4.41% | 47.38% | |
| S&T Bancorp | 1.193B | $0.330 | 4.37% | 36.67% | |
| TriCo Bancshares | 1.232B | $0.330 | 3.48% | 37.42% | |
| First Bancorp | 1.251B | $0.220 | 2.79% | 31.63% |
