Southern States Bancshares Dividends and Buybacks
Dividend criteria checks 2/6
Southern States Bancshares is a dividend paying company with a current yield of 0.96% 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 | -13.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.360 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6U2 has been paying a dividend for less than 10 years.
Growing Dividend: 6U2 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 (6U2) | 1.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 6.5% |
| Analyst forecast (6U2) (up to 3 years) | 1.0% |
Notable Dividend: 6U2's dividend (0.96%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: 6U2's dividend (0.96%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10%), 6U2's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6U2's dividends in 3 years are forecast to be thoroughly covered by earnings (8.6% payout ratio).