SouthState Dividend
Dividend criteria checks 5/6
SouthState is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
33%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.160 |
| Earnings per share | US$6.27 |
| Dividend yield forecast | 2.3% |
Recent dividend updates
Recent updates
SouthState Corporation: Strong Growth Prospects Can Power An Attractive Investment Case
Sep 27SouthState Bank Keeping Its Foot Firmly On The Accelerator
Jun 28SouthState (NASDAQ:SSB) Ticks All The Boxes When It Comes To Earnings Growth
Nov 15
SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.52
Aug 01Does SouthState (NASDAQ:SSB) Deserve A Spot On Your Watchlist?
Jul 12SouthState Corporation: Expanding Bank With Excellent Fundamentals
Sep 04SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.50
Aug 02SouthState: Earnings Likely To Dip On The Back Of Higher Provisioning
Jun 28Should You Be Adding SouthState (NASDAQ:SSB) To Your Watchlist Today?
May 16SouthState Bank Has The Growth Potential, But Improved Profitability Would Be A Big Help
Feb 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SSB's dividends per share have been stable in the past 10 years.
Growing Dividend: SSB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| SouthState Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SSB) | 2.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.9% |
| Analyst forecast (SSB) (up to 3 years) | 2.3% |
Notable Dividend: SSB's dividend (2.24%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: SSB's dividend (2.24%) is low compared to the top 25% of dividend payers in the US market (4.33%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.1%), SSB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SSB's dividends in 3 years are forecast to be well covered by earnings (26.7% payout ratio).