Stellar Bancorp Dividend
Dividend criteria checks 2/6
Stellar Bancorp is a dividend paying company with a current yield of 1.93% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 13th September, 2024.
Key information
1.9%
Dividend yield
24%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 30 Sep 24 |
| Ex dividend date | 13 Sep 24 |
| Dividend per share | US$0.520 |
| Earnings per share | US$2.13 |
| Dividend yield forecast in 3Y | 2.0% |
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 5 years.
Dividend Yield vs Market
| Stellar Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STEL) | 1.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.8% |
| Analyst forecast in 3 Years (STEL) | 2.0% |
Notable Dividend: STEL's dividend (1.93%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: STEL's dividend (1.93%) is low compared to the top 25% of dividend payers in the US market (4.35%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.3%), 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.