Summit Bancshares Dividend
Dividend criteria checks 0/6
Summit Bancshares is a dividend paying company with a current yield of 1.09%. Next payment date is on 14th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
1.1%
Dividend yield
n/a
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 14 Jun 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SMAL has been paying a dividend for less than 10 years.
Growing Dividend: SMAL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Summit Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SMAL) | 1.1% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Banks) | 3.1% |
| Analyst forecast in 3 Years (SMAL) | n/a |
Notable Dividend: SMAL's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: SMAL's dividend (1.09%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Current Payout to Shareholders
Earnings Coverage: Insufficient data to calculate SMAL's payout ratio to determine if its dividend payments are 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.