Southern States Bancshares Dividend
Dividend criteria checks 1/6
Southern States Bancshares is a dividend paying company with a current yield of 1.21% that is well covered by earnings.
Key information
1.2%
Dividend yield
10%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.360 |
Earnings per share | US$3.57 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Southern 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 22Recent updates
Southern 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 29Southern States Bancshares declares $0.09 dividend
Jul 20Stability 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 3 years, and since then payments have not increased.
Dividend Yield vs Market
Southern States Bancshares Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SSBK) | 1.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.4% |
Industry Average (Banks) | 2.9% |
Analyst forecast in 3 Years (SSBK) | 1.2% |
Notable Dividend: SSBK's dividend (1.21%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: SSBK's dividend (1.21%) is low compared to the top 25% of dividend payers in the US market (4.43%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.1%), 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.