South Plains Financial Dividends and Buybacks
Dividend criteria checks 3/6
South Plains Financial is a dividend paying company with a current yield of 1.67% that is well covered by earnings.
Key information
1.7%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 26.1% |
| 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) | 1.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (SPFI) (up to 3 years) | 1.8% |
Notable Dividend: SPFI's dividend (1.67%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: SPFI's dividend (1.67%) is low compared to the top 25% of dividend payers in the US market (4.45%).
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).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:31 |
| End of Day Share Price | 2024/12/26 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 |
| |
| 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
South Plains Financial, Inc. is covered by 6 analysts. 4 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 |
|---|---|
| Brett Rabatin | Hovde Group, LLC |
| Christopher McGratty | Keefe, Bruyette, & Woods |
| Wood Lay | Keefe, Bruyette, & Woods |