Sturgis Bancorp Dividends and Buybacks
Dividend criteria checks 4/6
Sturgis Bancorp is a dividend paying company with a current yield of 3.77% that is well covered by earnings.
Key information
3.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.680 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STBI's dividends per share have been stable in the past 10 years.
Growing Dividend: STBI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sturgis Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STBI) | 3.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (STBI) (up to 3 years) | n/a |
Notable Dividend: STBI's dividend (3.77%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: STBI's dividend (3.77%) is low compared to the top 25% of dividend payers in the US market (4.5%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.9%), STBI's 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| 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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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
Sturgis Bancorp, Inc. is covered by 0 analysts. 0 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 |
|---|