South Plains Financial, Inc.

NasdaqGS:SPFI Stock Report

Market Cap: US$437.8m

South Plains Financial Dividend

Dividend criteria checks 3/6

South Plains Financial is a dividend paying company with a current yield of 1.95% that is well covered by earnings.

Key information

2.0%

Dividend yield

14%

Payout ratio

Industry average yield3.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$3.82
Dividend yield forecast in 3Y2.1%

Recent dividend updates

South Plains Financial (NASDAQ:SPFI) Is Increasing Its Dividend To $0.13

Apr 25
South Plains Financial (NASDAQ:SPFI) Is Increasing Its Dividend To $0.13

South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 24
South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

South Plains Financial (NASDAQ:SPFI) Is Increasing Its Dividend To $0.13

Apr 25
South Plains Financial (NASDAQ:SPFI) Is Increasing Its Dividend To $0.13

South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 24
South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year

South Plains Financial declares $0.12 dividend

Oct 20

South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To $0.12

Jul 26
South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To $0.12

South Plains Financial raises dividend by 9% to $0.12/share

Jul 21

South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To US$0.11

Jan 24
South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To US$0.11

South Plains Financial (NASDAQ:SPFI) Will Pay A Larger Dividend Than Last Year At US$0.09

Jul 26
South Plains Financial (NASDAQ:SPFI) Will Pay A Larger Dividend Than Last Year At US$0.09

South Plains Financial EPS beats by $0.13, beats on revenue

Apr 27

Could The South Plains Financial, Inc. (NASDAQ:SPFI) Ownership Structure Tell Us Something Useful?

Mar 01
Could The South Plains Financial, Inc. (NASDAQ:SPFI) Ownership Structure Tell Us Something Useful?

South Plains Financial, Inc. 2020 Q4 - Results - Earnings Call Presentation

Feb 01

Be Sure To Check Out South Plains Financial, Inc. (NASDAQ:SPFI) Before It Goes Ex-Dividend

Jan 25
Be Sure To Check Out South Plains Financial, Inc. (NASDAQ:SPFI) Before It Goes Ex-Dividend

Could South Plains Financial, Inc. (NASDAQ:SPFI) Have The Makings Of Another Dividend Aristocrat?

Dec 29
Could South Plains Financial, Inc. (NASDAQ:SPFI) Have The Makings Of Another Dividend Aristocrat?

South Plains Financial resumes share repurchase program

Nov 02

Stability 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 4 years.


Dividend Yield vs Market

South Plains Financial Dividend Yield vs Market
How does SPFI dividend yield compare to the market?
SegmentDividend Yield
Company (SPFI)2.0%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Banks)3.0%
Analyst forecast in 3 Years (SPFI)2.1%

Notable Dividend: SPFI's dividend (1.95%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: SPFI's dividend (1.95%) is low compared to the top 25% of dividend payers in the US market (4.7%).


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (14%), SPFI's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SPFI's dividends in 3 years are forecast to be well covered by earnings (22.1% payout ratio).


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