This company has been acquired
Southern States Bancshares Dividends and Buybacks
Dividend criteria checks 1/6
Southern States Bancshares is a dividend paying company with a current yield of 0.99% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.06%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 9% |
Recent dividend and buyback updates
Southern States Bancshares (NASDAQ:SSBK) Is Due To Pay A Dividend Of $0.09
Jan 19
Southern States Bancshares (NASDAQ:SSBK) Is Paying Out A Dividend Of $0.09
Oct 20Recent updates
Southern States Bancshares (NASDAQ:SSBK) Is Due To Pay A Dividend Of $0.09
Jan 19Southern States Bancshares (NASDAQ:SSBK) Is Paying Out A Dividend Of $0.09
Oct 20Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09
Jul 22Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Apr 22Southern States Bancshares' (NASDAQ:SSBK) Dividend Will Be $0.09
Jan 21Southern States Bancshares (NASDAQ:SSBK) Has Announced A Dividend Of $0.09
Oct 22Here's Why We Think Southern States Bancshares (NASDAQ:SSBK) Might Deserve Your Attention Today
Jul 25Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Jul 25Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Apr 23Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09
Jan 24Southern States Bancshares (NASDAQ:SSBK) Is Due To Pay A Dividend Of $0.09
Oct 26Southern States Bancshares declares $0.09 dividend
Oct 19Earnings Beat: Southern States Bancshares, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SSBK has been paying a dividend for less than 10 years.
Growing Dividend: SSBK has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| Southern States Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SSBK) | 1.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (SSBK) (up to 3 years) | 1.0% |
Notable Dividend: SSBK's dividend (0.99%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: SSBK's dividend (0.99%) is low compared to the top 25% of dividend payers in the US market (4.69%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.3%), SSBK's dividend payments are thoroughly 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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/03 08:57 |
| End of Day Share Price | 2025/06/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Southern States Bancshares, Inc. is covered by 2 analysts. 1 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 |
|---|---|
| Catherine Summerson Mealor | Keefe, Bruyette, & Woods |
| Jennifer Demba | Truist Securities |