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Southern States Bancshares (SSBK) Dividend Yield, Date & History

Southern States Bancshares logo
$34.41 +1.19 (+3.58%)
(As of 12/20/2024 05:16 PM ET)

Southern States Bancshares Dividend Summary

Dividend Yield
1.05%
Annual Dividend
$0.36
Recent
Dividend Payment
Nov. 15
Dividend Payout Ratio
10.14%

Southern States Bancshares (SSBK) pays an annual dividend of $0.36 per share, with a dividend yield of 1.05%. The next quarterly payment of $0.09 per share was paid on Friday, November 15, to investors who owned the stock before the ex-dividend date of Friday, November 1. The company currently pays out 10.14% of its earnings and 9.83% of its cash flow as dividends.

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SSBK Dividend Payments by Quarter

The chart below displays up to four years of Southern States Bancshares' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

SSBK Dividend Yield Over Time

The chart below tracks Southern States Bancshares' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Southern States Bancshares vs. The Competition

Compare Southern States Bancshares' annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeSouthern States BancsharesFinance CompaniesNASDAQ Companies
Annual Dividend$0.36$0.02$1.31
Dividend Yield1.05%9.82%4.23%
Annualized 3-Year Dividend Growth0.00%12.89%14.22%

Southern States Bancshares 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 Earnings10.14%
Based on Cashflow9.83%

Southern States Bancshares Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/16/2024Quarterly$0.09 - 1.14%11/1/202411/1/202411/15/2024
7/17/2024Quarterly$0.09 - 1.21%7/31/20247/31/20248/12/2024
4/17/2024Quarterly$0.09 - 1.52%5/2/20245/3/20245/16/2024
1/17/2024Quarterly$0.09 - 1.33%2/1/20242/2/20242/15/2024
10/19/2023Quarterly$0.09 - 1.61%11/2/202311/3/202311/17/2023
7/20/2023Quarterly$0.09 - 1.6%8/2/20238/3/20238/17/2023
4/20/2023quarterly$0.09 - 1.6%5/2/20235/3/20235/16/2023
1/19/2023Quarterly$0.09 - 1.28%2/2/20232/3/20232/16/2023

This table shows Southern States Bancshares' 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.

Southern States Bancshares Dividend - Frequently Asked Questions

The current dividend yield for Southern States Bancshares is 1.05%. Learn more on SSBK's dividend yield history.

The annual dividend for SSBK shares is $0.36. Learn more on SSBK's annual dividend history.

Southern States Bancshares pays quarterly dividends to shareholders.

Southern States Bancshares's most recent quarterly dividend payment of $0.09 per share was made to shareholders on Friday, November 15, 2024.

Southern States Bancshares's most recent ex-dividend date was Friday, November 1, 2024.

The dividend payout ratio for SSBK is:
  • 10.14% based on the trailing year of earnings
  • 9.83% based on cash flow

Southern States Bancshares' dividend yield of 1.03% is lower than the average Finance company that issues a dividend. Southern States Bancshares' dividend payout ratio of 10.14% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Southern States Bancshares stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NASDAQ:SSBK) was last updated on 12/21/2024 by MarketBeat.com Staff
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