Southside Bancshares Dividends and Buybacks
Dividend criteria checks 6/6
Southside Bancshares is a dividend paying company with a current yield of 4.54% that is well covered by earnings.
Key information
4.5%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 4.9% |
| Future Dividend Yield | 5.1% |
| Dividend Growth | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.460 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Recent updates
Southside Bancshares: Earnings Outlook Remains Positive, Maintaining A Buy Rating
Oct 27Southside Bancshares: Nothing To See Here
Aug 11Southside Bancshares: High Dividend Yield And A Stable Earnings Outlook
May 10Southside Bancshares (NASDAQ:SBSI) Is Due To Pay A Dividend Of $0.35
Aug 08
Southside Bancshares (NASDAQ:SBSI) Is Due To Pay A Dividend Of $0.35
May 09Southside Bancshares (NASDAQ:SBSI) Is Paying Out A Larger Dividend Than Last Year
Feb 07Southside Bancshares: Increasing Interest Rates Destroyed The Book Value
Sep 12Southside Bancshares Q2 2022 Earnings Preview
Jul 22Results: Southside Bancshares, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Apr 29Should You Be Adding Southside Bancshares (NASDAQ:SBSI) To Your Watchlist Today?
Apr 06Southside Bancshares (NASDAQ:SBSI) Is Paying Out A Larger Dividend Than Last Year
Feb 08Southside: Growing TX Bank
Feb 03Southside Bancshares: A Quality Bank, But A Bit Too Expensive Right Now
Jan 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SBSI's dividends per share have been stable in the past 10 years.
Growing Dividend: SBSI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Southside Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SBSI) | 4.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (SBSI) (up to 3 years) | 5.1% |
Notable Dividend: SBSI's dividend (4.54%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: SBSI's dividend (4.54%) is in the top 25% of dividend payers in the US market (4.53%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.5%), SBSI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SBSI's dividends in 3 years are forecast to be covered by earnings (54.6% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:48 |
| End of Day Share Price | 2024/12/19 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 |
|
|
| 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 here.
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 .
Analyst Sources
Southside Bancshares, Inc. is covered by 10 analysts. 3 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 |
|---|---|
| David Bishop | Drexel Hamilton |
| Brett Rabatin | Hovde Group, LLC |
| Christopher McGratty | Keefe, Bruyette, & Woods |