Seacoast Banking Corporation of Florida Dividends and Buybacks
Dividend criteria checks 3/6
Seacoast Banking of Florida is a dividend paying company with a current yield of 2.64% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
2.6%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 19.0% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$0.720 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Seacoast Banking Corporation of Florida's (NASDAQ:SBCF) Dividend Will Be $0.18
Oct 21
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Due To Pay A Dividend Of $0.18
Aug 22Recent updates
Seacoast Banking Corporation of Florida's (NASDAQ:SBCF) Dividend Will Be $0.18
Oct 21Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Due To Pay A Dividend Of $0.18
Aug 22Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18
Jul 30Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18
May 24Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18
May 01Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Announced A Dividend Of $0.18
Mar 01Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Paying Out A Dividend Of $0.18
Jan 22Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18
Nov 21Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Has Affirmed Its Dividend Of $0.18
Sep 04Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18
Aug 21Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Due To Pay A Dividend Of $0.18
Jul 25Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Is Paying Out A Dividend Of $0.18
Jun 02Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18
May 19Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Will Pay A Dividend Of $0.18
Apr 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SBCF has been paying a dividend for less than 10 years.
Growing Dividend: SBCF's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Seacoast Banking Corporation of Florida Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SBCF) | 2.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (SBCF) (up to 3 years) | 2.8% |
Notable Dividend: SBCF's dividend (2.64%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: SBCF's dividend (2.64%) is low compared to the top 25% of dividend payers in the US market (4.48%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.2%), SBCF's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SBCF's dividends in 3 years are forecast to be well covered by earnings (42.4% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 10:29 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Seacoast Banking Corporation of Florida is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Moss | B. Riley Securities, Inc. |
| Robert Ramsey | FBR Capital Markets & Co. |
| Jeffrey Cantwell | Guggenheim Securities, LLC |