South Plains Financial Dividends and Buybacks
Dividend criteria checks 3/6
South Plains Financial is a dividend paying company with a current yield of 1.52% that is well covered by earnings.
Key information
1.5%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 23.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.600 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
South Plains Financial, Inc. (NASDAQ:SPFI) Just Reported And Analysts Have Been Lifting Their Price Targets
Oct 26
South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 21South Plains Financial (NASDAQ:SPFI) Is Increasing Its Dividend To $0.13
Apr 25South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 24South Plains Financial declares $0.12 dividend
Oct 20South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To $0.12
Jul 26South Plains Financial raises dividend by 9% to $0.12/share
Jul 21South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To US$0.11
Jan 24South Plains Financial (NASDAQ:SPFI) Will Pay A Larger Dividend Than Last Year At US$0.09
Jul 26South Plains Financial EPS beats by $0.13, beats on revenue
Apr 27Could The South Plains Financial, Inc. (NASDAQ:SPFI) Ownership Structure Tell Us Something Useful?
Mar 01South Plains Financial, Inc. 2020 Q4 - Results - Earnings Call Presentation
Feb 01Be Sure To Check Out South Plains Financial, Inc. (NASDAQ:SPFI) Before It Goes Ex-Dividend
Jan 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SPFI has been paying a dividend for less than 10 years.
Growing Dividend: SPFI's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| South Plains Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPFI) | 1.5% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (SPFI) (up to 3 years) | 1.6% |
Notable Dividend: SPFI's dividend (1.52%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SPFI's dividend (1.52%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.4%), SPFI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SPFI's dividends in 3 years are forecast to be well covered by earnings (21.1% payout ratio).