Southern States Bancshares Dividend
Dividend criteria checks 1/6
Southern States Bancshares is a dividend paying company with a current yield of 1.34% that is well covered by earnings.
Key information
1.3%
Dividend yield
10%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €3.64 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (6U2) | 1.3% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Banks) | 6.4% |
Analyst forecast in 3 Years (6U2) | 1.3% |
Notable Dividend: 6U2's dividend (1.34%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: 6U2's dividend (1.34%) is low compared to the top 25% of dividend payers in the German market (4.58%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.8%), 6U2's dividend payments are thoroughly 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.