Summit State Bank Stock Dividends
SSBI pays dividends quarterly. Last paid amount was $0.120 at Feb 15, 2024. As of today, dividend yield (TTM) is 3.63%.
Dividend Yield Range
Dividend Analysis | Generate |
Key Stats
Dividend Yield (TTM) | 3.63% |
---|---|
Frequency | Quarterly |
1Y Growth | 0% |
Payout Ratio | 0 |
Amount Per Share | $0.120 |
Next Ex-Dividend Date | May 15, 2024 |
Next Payment Date | May 23, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from SSBI the purchase should be done within the next 11 days.
Here's a simple guide on how to buy SSBI stock.
SSBI Dividend Payout History
To ensure a understanding of SSBI'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 | Apr 29, 2024 | May 15, 2024 | May 23, 2024 | $0.120 | 1.28% |
2 | Jan 29, 2024 | Feb 07, 2024 | Feb 15, 2024 | $0.120 | 1.14% |
3 | Oct 24, 2023 | Nov 08, 2023 | Nov 16, 2023 | $0.120 | 0.96% |
4 | Jul 24, 2023 | Aug 09, 2023 | Aug 17, 2023 | $0.120 | 0.734% |
5 | Apr 24, 2023 | May 10, 2023 | May 18, 2023 | $0.120 | 0.798% |
6 | Jan 23, 2023 | Feb 08, 2023 | Feb 16, 2023 | $0.120 | 0.757% |
7 | Oct 25, 2022 | Nov 09, 2022 | Nov 17, 2022 | $0.120 | 0.784% |
8 | Jul 26, 2022 | Aug 10, 2022 | Aug 18, 2022 | $0.120 | 0.80% |
9 | Apr 26, 2022 | May 11, 2022 | May 19, 2022 | $0.120 | 0.779% |
10 | Jan 25, 2022 | Feb 09, 2022 | Feb 17, 2022 | $0.120 | 0.725% |
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
SSBI Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SSBI 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 SSBI stock here.
Comparing SSBI to Sector and Country
SSBI pays a solid dividend yield of 3.63%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). SSBI’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%), which means that there are more attractive dividend stocks to consider.
SSBI Stock Competitors
Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
---|---|---|---|---|---|
Citizens Holding Company | 44.036M | $0.160 | 6.93% | 218.02% | |
Summit State Bank | 62.693M | $0.120 | 3.63% | 22.47% | |
United Bancshares | 56.939M | $0.220 | 3.46% | - | |
Sound Financial Bancorp | 100.295M | $0.190 | 2.02% | 31.66% | |
HMN Financial | 86.931M | $0.0800 | 1.64% | 18.37% |