SouthState Dividend
Dividend criteria checks 4/6
SouthState is a dividend paying company with a current yield of 2.75% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
2.7%
Dividend yield
33%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 17 May 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$6.16 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
SouthState (NASDAQ:SSB) Ticks All The Boxes When It Comes To Earnings Growth
Nov 15
SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.52
Aug 01Does SouthState (NASDAQ:SSB) Deserve A Spot On Your Watchlist?
Jul 12SouthState Corporation: Expanding Bank With Excellent Fundamentals
Sep 04SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.50
Aug 02SouthState: Earnings Likely To Dip On The Back Of Higher Provisioning
Jun 28Should You Be Adding SouthState (NASDAQ:SSB) To Your Watchlist Today?
May 16SouthState Bank Has The Growth Potential, But Improved Profitability Would Be A Big Help
Feb 11Here's Why We Think SouthState (NASDAQ:SSB) Is Well Worth Watching
Jan 24SouthState Corporation: Nothing Great To Talk About
Oct 28Here's Why I Think SouthState (NASDAQ:SSB) Might Deserve Your Attention Today
Oct 04South State (NASDAQ:SSB) Will Pay A Larger Dividend Than Last Year At US$0.49
Aug 10South State: Building A Premier Southeast Bank
Aug 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SSB's dividends per share have been stable in the past 10 years.
Growing Dividend: SSB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| SouthState Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SSB) | 2.7% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast in 3 Years (SSB) | 2.6% |
Notable Dividend: SSB's dividend (2.75%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: SSB's dividend (2.75%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), SSB's dividend payments are well 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.