Stellar Bancorp Dividend
Dividend criteria checks 2/6
Stellar Bancorp is a dividend paying company with a current yield of 2.3% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
2.3%
Dividend yield
23%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | 28 Jun 24 |
Ex dividend date | 14 Jun 24 |
Dividend per share | n/a |
Earnings per share | US$2.23 |
Dividend yield forecast in 3Y | 2.4% |
Upcoming Dividend Payment
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 4 years.
Dividend Yield vs Market
Stellar Bancorp Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (STEL) | 2.3% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Banks) | 3.0% |
Analyst forecast in 3 Years (STEL) | 2.4% |
Notable Dividend: STEL's dividend (2.3%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: STEL's dividend (2.3%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.2%), STEL'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.