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Silver Spike Investment (SSIC) Dividend Yield, Date & History

Silver Spike Investment logo
$12.23 -0.41 (-3.23%)
(As of 12/19/2024 ET)

Silver Spike Investment Dividend Summary

Dividend Yield
8.18%
Annual Dividend
$1.00
Recent
Dividend Payment
Sep. 27
Dividend Payout Ratio
114.94%

Silver Spike Investment (SSIC) pays an annual dividend of $1.00 per share, with a dividend yield of 8.18%. The next quarterly payment of $0.25 per share was paid on Friday, September 27, to investors who owned the stock before the ex-dividend date of Thursday, September 19. The company currently pays out 114.94% of its earnings and 94.03% of its cash flow as dividends.

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SSIC Dividend Payments by Quarter

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

SSIC Dividend Yield Over Time

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

Silver Spike Investment vs. The Competition

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

TypeSilver Spike InvestmentFinance CompaniesNASDAQ Companies
Annual Dividend$1.00$0.02$1.31
Dividend Yield8.18%10.01%4.21%
Annualized 3-Year Dividend Growth0.00%12.89%14.22%

Silver Spike Investment 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 Earnings114.94%
Based on Cashflow94.03%

Silver Spike Investment Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
8/8/2024Quarterly$0.25 - 8.62%9/19/20249/19/20249/27/2024
5/10/2024Quarterly$0.25 - 8.85%6/20/20246/20/20246/28/2024
3/8/2024Quarterly$0.25-$0.45
64.29%
10.31%3/19/20243/20/20243/28/2024
12/19/2023None$0.70+$0.07
11.11%
10.3%12/19/202312/20/202312/29/2023
9/14/2023None$0.63 - 9/14/20239/15/20239/29/2023

This table shows Silver Spike Investment'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.

Silver Spike Investment Dividend - Frequently Asked Questions

The current dividend yield for Silver Spike Investment is 8.18%. Learn more on SSIC's dividend yield history.

The annual dividend for SSIC shares is $1.00. Learn more on SSIC's annual dividend history.

Silver Spike Investment pays quarterly dividends to shareholders.

Silver Spike Investment's most recent quarterly dividend payment of $0.25 per share was made to shareholders on Friday, September 27, 2024.

Silver Spike Investment's most recent ex-dividend date was Thursday, September 19, 2024.

The most recent change in the company's dividend was a decrease of $0.45 on Friday, March 8, 2024.

The dividend payout ratio for SSIC is:
  • 114.94% based on the trailing year of earnings
  • 94.03% based on cash flow

Silver Spike Investment's dividend yield of 9.32% is lower than the average Finance company that issues a dividend. SSIC has a dividend yield higher than 75% of all dividend-paying stocks 5.62, making it a leading dividend payer. Silver Spike Investment's dividend payout ratio of 114.94% may not be sustainable.


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