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South Plains Financial (SPFI) Dividend Yield, Date & History

South Plains Financial logo
$35.58 -2.68 (-7.00%)
(As of 05:12 PM ET)

South Plains Financial Dividend Summary

Dividend Yield
1.69%
Annual Dividend
$0.60
Recent
Dividend Payment
Nov. 12
Annualized 3-Year
Dividend Growth
54.87%
Dividend Payout Ratio
23.35%

South Plains Financial (SPFI) pays an annual dividend of $0.60 per share, with a dividend yield of 1.69%. The next quarterly payment of $0.15 per share was paid on Tuesday, November 12, to investors who owned the stock before the ex-dividend date of Monday, October 28. The company currently pays out 23.35% of its earnings and 27.71% of its cash flow as dividends.

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SPFI Dividend Payments by Quarter

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

SPFI Dividend Yield Over Time

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

South Plains Financial vs. The Competition

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

TypeSouth Plains FinancialFinance CompaniesNASDAQ Companies
Annual Dividend$0.60$0.02$1.31
Dividend Yield1.58%10.36%4.06%
Annualized 3-Year Dividend Growth54.87%12.89%14.22%

South Plains Financial 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 Earnings23.35%
Based on This Year's Estimate22.90%
Based on Next Year's Estimate22.22%
Based on Cashflow25.91%

South Plains Financial Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/17/2024Quarterly$0.15+$0.01
7.14%
1.7%10/28/202410/28/202411/12/2024
7/18/2024Quarterly$0.14 - 1.79%7/29/20247/29/20248/12/2024
4/18/2024Quarterly$0.14 - 2.15%4/26/20244/29/20245/13/2024
4/18/2024Quarterly$0.14+$0.01
7.69%
2.15%4/26/20244/29/20245/13/2024
1/18/2024Quarterly$0.13 - 1.92%1/26/20241/29/20242/12/2024
10/19/2023Quarterly$0.13 - 2.07%10/27/202310/30/202311/13/2023
7/20/2023Quarterly$0.13 - 2.06%7/28/20237/31/20238/14/2023
4/20/2023Quarterly$0.13 - 2.49%4/28/20235/1/20235/15/2023
1/19/2023Quarterly$0.13+$0.01
8.33%
1.85%1/27/20231/30/20232/13/2023

This table shows South Plains Financial'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.

South Plains Financial Dividend - Frequently Asked Questions

The current dividend yield for South Plains Financial is 1.58%. Learn more on SPFI's dividend yield history.

The annual dividend for SPFI shares is $0.60. Learn more on SPFI's annual dividend history.

South Plains Financial pays quarterly dividends to shareholders.

South Plains Financial's most recent quarterly dividend payment of $0.15 per share was made to shareholders on Tuesday, November 12, 2024.

South Plains Financial's most recent ex-dividend date was Monday, October 28, 2024.

Over the past three years, the company's dividend has grown by an average of 54.87% per year.

The most recent change in the company's dividend was an increase of $0.01 on Thursday, October 17, 2024.

The dividend payout ratio for SPFI is:
  • 23.35% based on the trailing year of earnings
  • 22.90% based on this year's estimates
  • 22.22% based on next year's estimates
  • 25.91% based on cash flow

South Plains Financial's dividend yield of 1.55% is lower than the average Finance company that issues a dividend. South Plains Financial's dividend payout ratio of 23.35% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate South Plains Financial stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NASDAQ:SPFI) was last updated on 12/18/2024 by MarketBeat.com Staff
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