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Sandy Spring Bancorp (SASR) Dividend Yield, Date & History

Sandy Spring Bancorp logo
$34.00 +0.77 (+2.32%)
(As of 12/20/2024 05:16 PM ET)

Sandy Spring Bancorp Dividend Summary

Dividend Yield
4.00%
Annual Dividend
$1.36
Recent
Dividend Payment
Nov. 21
Annualized 3-Year
Dividend Growth
4.26%
Dividend Payout Ratio
71.58%

Sandy Spring Bancorp (SASR) pays an annual dividend of $1.36 per share, with a dividend yield of 4.00%. The next quarterly payment of $0.34 per share was paid on Thursday, November 21, to investors who owned the stock before the ex-dividend date of Thursday, November 14. The company currently pays out 71.58% of its earnings and 42.08% of its cash flow as dividends.

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SASR Dividend Payments by Quarter

The chart below displays up to four years of Sandy Spring Bancorp's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SASR Dividend Yield Over Time

The chart below tracks Sandy Spring Bancorp's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Sandy Spring Bancorp vs. The Competition

Compare Sandy Spring Bancorp's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeSandy Spring BancorpFinance CompaniesNASDAQ Companies
Annual Dividend$1.36$0.02$1.31
Dividend Yield4.00%5.66%4.23%
Annualized 3-Year Dividend Growth4.26%12.89%14.22%

Sandy Spring Bancorp Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings71.58%
Based on This Year's Estimate73.51%
Based on Next Year's Estimate52.71%
Based on Cashflow42.08%

Sandy Spring Bancorp Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/30/2024Quarterly$0.34 - 4.04%11/14/202411/14/202411/21/2024
8/1/2024Quarterly$0.34 - 4.65%8/14/20248/14/20248/21/2024
4/25/2024Quarterly$0.34 - 6.36%5/7/20245/8/20245/15/2024
1/31/2024quarterly$0.34 - 5.7%2/13/20242/14/20242/21/2024
10/26/2023Quarterly$0.34 - 6.66%11/7/202311/8/202311/15/2023
7/27/2023Quarterly$0.34 - 5.54%8/8/20238/9/20238/16/2023
4/27/2023Quarterly$0.34 - 6.07%5/9/20235/10/20235/17/2023
1/26/2023Quarterly$0.34 - 4.11%2/7/20232/8/20232/15/2023

This table shows Sandy Spring Bancorp's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Sandy Spring Bancorp Dividend - Frequently Asked Questions

The current dividend yield for Sandy Spring Bancorp is 4.00%. Learn more on SASR's dividend yield history.

The annual dividend for SASR shares is $1.36. Learn more on SASR's annual dividend history.

Sandy Spring Bancorp pays quarterly dividends to shareholders.

Sandy Spring Bancorp's most recent quarterly dividend payment of $0.34 per share was made to shareholders on Thursday, November 21, 2024.

Sandy Spring Bancorp's most recent ex-dividend date was Thursday, November 14, 2024.

Over the past three years, the company's dividend has grown by an average of 4.26% per year.

The most recent change in the company's dividend was an increase of $0.02 on Friday, January 28, 2022.

The dividend payout ratio for SASR is:
  • 71.58% based on the trailing year of earnings
  • 73.51% based on this year's estimates
  • 52.71% based on next year's estimates
  • 42.08% based on cash flow

Sandy Spring Bancorp's dividend yield of 3.84% is lower than the average Finance company that issues a dividend. Sandy Spring Bancorp's dividend payout ratio of 71.58% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Sandy Spring Bancorp stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:SASR) was last updated on 12/22/2024 by MarketBeat.com Staff
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