Signature Bank Dividend

What is Signature Bank current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend 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
How does SBNY dividend yield compare to the market?
SegmentDividend 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

How stable has Signature Bank's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20242.8113
12/31/20232.815
1/28/20232.241.76
1/17/20232.241.8
10/19/20222.241.74
8/9/20222.241.31
7/19/20222.241.22
4/20/20222.241.1
1/19/20222.240.73
11/9/20212.240.69
10/19/20212.240.72
7/21/20212.240.86
5/10/20212.240.91
4/21/20212.240.9
10/20/20202.241.54
8/10/20202.242.44
7/21/20202.242.12
5/11/20202.242.15
4/23/20202.242.21
3/13/20202.242.69
1/21/20202.241.69
7/18/20192.241.81
5/10/20192.241.87
4/17/20192.241.72
3/8/20192.241.71
1/17/20192.241.71
7/19/20182.241.98

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).


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