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SouthState (SSB) Dividend Yield, Date & History

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$100.21 +1.28 (+1.29%)
(As of 12/20/2024 05:31 PM ET)

SouthState Dividend Summary

Dividend Yield
2.16%
Annual Dividend
$2.16
Recent
Dividend Payment
Nov. 15
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
2.76%
Dividend Payout Ratio
33.33%

SouthState (SSB) pays an annual dividend of $2.16 per share, with a dividend yield of 2.16%. The next quarterly payment of $0.54 per share was paid on Friday, November 15, to investors who owned the stock before the ex-dividend date of Friday, November 8. SSB has grown its dividend for 13 consecutive years, with an average annual increase of 0.91%. The company currently pays out 33.33% of its earnings and 29.79% of its cash flow as dividends.

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SSB Dividend Payments by Quarter

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

SSB Dividend Yield Over Time

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

SouthState vs. The Competition

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

TypeSouthStateFinance CompaniesNASDAQ Companies
Annual Dividend$2.16$0.02$1.31
Dividend Yield2.16%9.85%4.22%
Annualized 3-Year Dividend Growth2.76%12.89%14.22%
Track Record13 years17 years19 years

SouthState 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 Earnings33.33%
Based on This Year's Estimate31.12%
Based on Next Year's Estimate28.80%
Based on Cashflow29.79%

SouthState Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/23/2024Quarterly$0.54 - 2.2%11/8/202411/8/202411/15/2024
7/24/2024quarterly$0.54+$0.02
3.85%
2.2%8/9/20248/9/20248/16/2024
4/25/2024Quarterly$0.52 - 2.67%5/9/20245/10/20245/17/2024
1/24/2024quarterly$0.52 - 2.5%2/8/20242/9/20242/16/2024
10/26/2023Quarterly$0.52 - 3.17%11/9/202311/10/202311/17/2023
7/27/2023Quarterly$0.52+$0.02
4.00%
2.7%8/10/20238/11/20238/18/2023
4/27/2023Quarterly$0.50 - 2.9%5/11/20235/12/20235/19/2023
1/26/2023Quarterly$0.50 - 2.59%2/9/20232/10/20232/17/2023

This table shows SouthState'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.

SouthState Dividend - Frequently Asked Questions

The current dividend yield for SouthState is 2.16%. Learn more on SSB's dividend yield history.

The annual dividend for SSB shares is $2.16. Learn more on SSB's annual dividend history.

SouthState pays quarterly dividends to shareholders.

SouthState's most recent quarterly dividend payment of $0.54 per share was made to shareholders on Friday, November 15, 2024.

SouthState's most recent ex-dividend date was Friday, November 8, 2024.

Over the past three years, the company's dividend has grown by an average of 2.76% per year.

SouthState has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Wednesday, July 24, 2024.

The dividend payout ratio for SSB is:
  • 33.33% based on the trailing year of earnings
  • 31.12% based on this year's estimates
  • 28.80% based on next year's estimates
  • 29.79% based on cash flow

SouthState's dividend yield of 1.99% is lower than the average Finance company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. SouthState's dividend payout ratio of 33.33% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate SouthState stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


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