Summit State Bank Dividends and Buybacks

Dividend criteria checks 2/6

Summit State Bank is a dividend paying company with a current yield of 2.33% that is well covered by earnings.

Key information

2.3%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth0.05%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.160
Payout ratio55%

Recent dividend and buyback updates

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Jul 29
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Recent updates

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Jul 29
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Here's Why We Think Summit State Bank (NASDAQ:SSBI) Might Deserve Your Attention Today

Jul 19
Here's Why We Think Summit State Bank (NASDAQ:SSBI) Might Deserve Your Attention Today

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Apr 28
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Do Summit State Bank's (NASDAQ:SSBI) Earnings Warrant Your Attention?

Dec 15
Do Summit State Bank's (NASDAQ:SSBI) Earnings Warrant Your Attention?

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Jul 29
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Summit State Bank declares $0.12 dividend

Jul 26

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of US$0.12

Apr 29
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of US$0.12

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of US$0.12

Jan 28
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of US$0.12

Summit State Bank's (NASDAQ:SSBI) Dividend Will Be US$0.12

Jul 30
Summit State Bank's (NASDAQ:SSBI) Dividend Will Be US$0.12

Summit State Bank's (NASDAQ:SSBI) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

May 07
Summit State Bank's (NASDAQ:SSBI) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Summit State Bank reports Q1 results

Apr 27

Does Summit State Bank's (NASDAQ:SSBI) Share Price Gain of 95% Match Its Business Performance?

Mar 15
Does Summit State Bank's (NASDAQ:SSBI) Share Price Gain of 95% Match Its Business Performance?

Why You Might Be Interested In Summit State Bank (NASDAQ:SSBI) For Its Upcoming Dividend

Feb 07
Why You Might Be Interested In Summit State Bank (NASDAQ:SSBI) For Its Upcoming Dividend

Are You An Income Investor? Don't Miss Out On Summit State Bank (NASDAQ:SSBI)

Feb 05
Are You An Income Investor? Don't Miss Out On Summit State Bank (NASDAQ:SSBI)

Here's Why I Think Summit State Bank (NASDAQ:SSBI) Is An Interesting Stock

Jan 01
Here's Why I Think Summit State Bank (NASDAQ:SSBI) Is An Interesting Stock

Summit State Bank reports Q3 results

Oct 28

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SSBI's dividend payments have been volatile in the past 10 years.

Growing Dividend: SSBI's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Summit State Bank Dividend Yield vs Market
How does SSBI dividend yield compare to the market?
SegmentDividend Yield
Company (SSBI)2.3%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Banks)2.5%
Analyst forecast (SSBI) (up to 3 years)n/a

Notable Dividend: SSBI's dividend (2.33%) is higher than the bottom 25% of dividend payers in the US market (1.39%).

High Dividend: SSBI's dividend (2.33%) is low compared to the top 25% of dividend payers in the US market (4.32%).


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (55.3%), SSBI's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


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