Southern States Bancshares Dividends and Buybacks
Dividend criteria checks 2/6
Southern States Bancshares is a dividend paying company with a current yield of 0.97% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | -13.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.360 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Southern States Bancshares (NASDAQ:SSBK) Is Paying Out A Dividend Of $0.09
Oct 20
Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09
Jul 22Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Apr 22Recent updates
Southern States Bancshares (NASDAQ:SSBK) Is Paying Out A Dividend Of $0.09
Oct 20Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09
Jul 22Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Apr 22Southern States Bancshares' (NASDAQ:SSBK) Dividend Will Be $0.09
Jan 21Southern States Bancshares (NASDAQ:SSBK) Has Announced A Dividend Of $0.09
Oct 22Here's Why We Think Southern States Bancshares (NASDAQ:SSBK) Might Deserve Your Attention Today
Jul 25Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Jul 25Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Apr 23Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09
Jan 24Southern States Bancshares (NASDAQ:SSBK) Is Due To Pay A Dividend Of $0.09
Oct 26Southern States Bancshares declares $0.09 dividend
Oct 19Earnings Beat: Southern States Bancshares, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 29Southern States Bancshares declares $0.09 dividend
Jul 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SSBK has been paying a dividend for less than 10 years.
Growing Dividend: SSBK has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Southern States Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SSBK) | 1.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (SSBK) (up to 3 years) | 1.0% |
Notable Dividend: SSBK's dividend (0.97%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SSBK's dividend (0.97%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10%), SSBK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SSBK's dividends in 3 years are forecast to be thoroughly covered by earnings (8.6% payout ratio).