SILVERSUN TECH Stock Dividends
SSNT used to pay dividends biannually. Last paid amount was $0.200 at Aug 25, 2023. As of today, dividend yield (TTM) is 5.46%.
Dividend Yield Range
AI Analysis of SSNT
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.46% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.200 |
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SILVERSUN TECH has not yet announced its next dividend date. Last payment date was: Aug 25, 2023.
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SSNT Dividend Payout History
To ensure a understanding of SSNT'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 | Aug 07, 2023 | Aug 17, 2023 | Aug 25, 2023 | $0.200 | 5.46% |
| 2 | Jun 22, 2021 | Jul 08, 2021 | Jul 16, 2021 | $0.600 | 5.83% |
| 3 | Dec 11, 2020 | Dec 18, 2020 | Dec 28, 2020 | $0.400 | 13.42% |
| 4 | Dec 24, 2019 | Jan 06, 2020 | Jan 14, 2020 | $0.500 | 15.24% |
| 5 | Dec 26, 2018 | Jan 04, 2019 | Jan 14, 2019 | $0.0500 | 2.27% |
| 6 | Nov 15, 2017 | Nov 27, 2017 | Dec 04, 2017 | $0.0400 | 0.98% |
| 7 | Apr 24, 2017 | May 03, 2017 | May 10, 2017 | $0.0200 | 0.518% |
| 8 | Jan 23, 2017 | Jan 24, 2017 | Jan 31, 2017 | $0.0200 | 0.500% |
| 9 | Jan 11, 2016 | Jan 13, 2016 | Jan 20, 2016 | $0.0600 | 2.40% |
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
SSNT Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SSNT 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 SSNT stock here.
Comparing SSNT to Sector and Country
SSNT pays a solid dividend yield of 5.46%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.372%). SSNT’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.30%), which means that there are more attractive dividend stocks to consider.
SSNT Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| SILVERSUN TECH | 74.099M | $0.200 | 5.46% | - | |
| CSP Inc. | 131.915M | $0.0500 | 1.71% | 9.06% |
