Signature Bank Dividend
What is Signature Bank current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.76%
Current Dividend Yield
Dividend Yield vs Market
| Signature Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SBNY) | 1.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast in 3 Years (SBNY) | 2.2% |
Notable Dividend: SBNY's dividend (1.76%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: SBNY's dividend (1.76%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 2.81 | 13 |
| 12/31/2023 | 2.8 | 15 |
| 1/28/2023 | 2.24 | 1.76 |
| 1/17/2023 | 2.24 | 1.8 |
| 10/19/2022 | 2.24 | 1.74 |
| 8/9/2022 | 2.24 | 1.31 |
| 7/19/2022 | 2.24 | 1.22 |
| 4/20/2022 | 2.24 | 1.1 |
| 1/19/2022 | 2.24 | 0.73 |
| 11/9/2021 | 2.24 | 0.69 |
| 10/19/2021 | 2.24 | 0.72 |
| 7/21/2021 | 2.24 | 0.86 |
| 5/10/2021 | 2.24 | 0.91 |
| 4/21/2021 | 2.24 | 0.9 |
| 10/20/2020 | 2.24 | 1.54 |
| 8/10/2020 | 2.24 | 2.44 |
| 7/21/2020 | 2.24 | 2.12 |
| 5/11/2020 | 2.24 | 2.15 |
| 4/23/2020 | 2.24 | 2.21 |
| 3/13/2020 | 2.24 | 2.69 |
| 1/21/2020 | 2.24 | 1.69 |
| 7/18/2019 | 2.24 | 1.81 |
| 5/10/2019 | 2.24 | 1.87 |
| 4/17/2019 | 2.24 | 1.72 |
| 3/8/2019 | 2.24 | 1.71 |
| 1/17/2019 | 2.24 | 1.71 |
| 7/19/2018 | 2.24 | 1.98 |
Stable Dividend: Whilst dividend payments have been stable, SBNY has been paying a dividend for less than 10 years.
Growing Dividend: SBNY has only been paying a dividend for 4 years, and since then payments have not increased.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.7%), SBNY's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SBNY's dividends in 3 years are forecast to be well covered by earnings (17.4% payout ratio).