Ballston Spa Bancorp Dividends and Buybacks
Dividend criteria checks 4/6
Ballston Bancorp is a dividend paying company with a current yield of 2.31% that is well covered by earnings. Next payment date is on 2nd January, 2025 with an ex-dividend date of 2nd December, 2024.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.2% |
| Next dividend pay date | 02 Jan 25 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | US$1.320 |
| Payout ratio | 16% |
Recent dividend and buyback updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BSPA's dividends per share have been stable in the past 10 years.
Growing Dividend: BSPA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ballston Spa Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BSPA) | 2.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (BSPA) (up to 3 years) | n/a |
Notable Dividend: BSPA's dividend (2.31%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: BSPA's dividend (2.31%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (16%), BSPA'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.