Stellar Bancorp Dividends and Buybacks
Dividend criteria checks 3/6
Stellar Bancorp is a dividend paying company with a current yield of 1.81% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
1.8%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 2.5% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$0.520 |
| Payout ratio | 24% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STEL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: STEL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Stellar Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STEL) | 1.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.6% |
| Analyst forecast (STEL) (up to 3 years) | 2.0% |
Notable Dividend: STEL's dividend (1.81%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: STEL's dividend (1.81%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.7%), STEL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STEL's dividends in 3 years are forecast to be well covered by earnings (28.9% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:49 |
| End of Day Share Price | 2024/12/24 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 |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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
Stellar Bancorp, Inc. is covered by 9 analysts. 5 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 |
|---|---|
| Bryce Rowe | Baird |
| John Rodis | Janney Montgomery Scott LLC |
| Catherine Summerson Mealor | Keefe, Bruyette, & Woods |