Summit State Bank Dividend
Dividend criteria checks 5/6
Summit State Bank is a dividend paying company with a current yield of 5.49% that is well covered by earnings. Next payment date is on 10th October, 2024 with an ex-dividend date of 3rd October, 2024.
Key information
5.5%
Dividend yield
53%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 10 Oct 24 |
| Ex dividend date | 03 Oct 24 |
| Dividend per share | US$0.480 |
| Earnings per share | US$0.89 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12
Jul 29
Here's Why We Think Summit State Bank (NASDAQ:SSBI) Might Deserve Your Attention Today
Jul 19Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12
Apr 28Do Summit State Bank's (NASDAQ:SSBI) Earnings Warrant Your Attention?
Dec 15Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12
Jul 29Summit State Bank declares $0.12 dividend
Jul 26Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of US$0.12
Apr 29Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of US$0.12
Jan 28Summit State Bank's (NASDAQ:SSBI) Dividend Will Be US$0.12
Jul 30Summit State Bank's (NASDAQ:SSBI) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
May 07Summit State Bank reports Q1 results
Apr 27Does Summit State Bank's (NASDAQ:SSBI) Share Price Gain of 95% Match Its Business Performance?
Mar 15Why You Might Be Interested In Summit State Bank (NASDAQ:SSBI) For Its Upcoming Dividend
Feb 07
Are You An Income Investor? Don't Miss Out On Summit State Bank (NASDAQ:SSBI)
Feb 05Here's Why I Think Summit State Bank (NASDAQ:SSBI) Is An Interesting Stock
Jan 01Summit State Bank reports Q3 results
Oct 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SSBI's dividends per share have been stable in the past 10 years.
Growing Dividend: SSBI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Summit State Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SSBI) | 5.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.9% |
| Analyst forecast (SSBI) (up to 3 years) | n/a |
Notable Dividend: SSBI's dividend (5.49%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: SSBI's dividend (5.49%) is in the top 25% of dividend payers in the US market (4.32%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.2%), SSBI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.