Southern States Bancshares Inc Dividend
Southern States Bancshares Inc Dividend history 5 years & estimates 2024 to 2025
Dividend Analysis of the Southern States Bancshares Inc Stock
| Current dividend yield | 1.6 % |
| Dividendenrendite 5 Jahre | 6.97 % |
| Dividend Yield 10Y | 2.57 % |
| Payout 3Y | 6.64 % |
When does Southern States Bancshares Inc pay a dividend?
The Southern States Bancshares Inc stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Southern States Bancshares Inc stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Southern States Bancshares Inc are distributed via February, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.09
$0.09
|
Jul 31 2024
Jul 31 2024
Aug 12 2024
Jul 31 24
Aug 12 24 |
Aug 12 2024 |
quarterly
quarterly
|
| 2024 |
$0.09
$0.09
|
May 02 2024
May 02 2024
May 16 2024
May 02 24
May 16 24 |
May 16 2024 |
quarterly
quarterly
|
| 2024 |
$0.09
$0.09
|
Feb 01 2024
Feb 01 2024
Feb 15 2024
Feb 01 24
Feb 15 24 |
Feb 15 2024 |
quarterly
quarterly
|
| 2023 |
$0.09
$0.09
|
Nov 02 2023
Nov 02 2023
Nov 17 2023
Nov 02 23
Nov 17 23 |
Nov 17 2023 |
quarterly
quarterly
|
| 2023 |
$0.09
$0.09
|
Aug 02 2023
Aug 02 2023
Aug 17 2023
Aug 02 23
Aug 17 23 |
Aug 17 2023 |
quarterly
quarterly
|
| 2023 |
$0.09
$0.09
|
May 02 2023
May 02 2023
May 16 2023
May 02 23
May 16 23 |
May 16 2023 |
quarterly
quarterly
|
| 2023 |
$0.09
$0.09
|
Feb 02 2023
Feb 02 2023
Feb 16 2023
Feb 02 23
Feb 16 23 |
Feb 16 2023 |
quarterly
quarterly
|
| 2022 |
$0.09
$0.09
|
Nov 02 2022
Nov 02 2022
Nov 16 2022
Nov 02 22
Nov 16 22 |
Nov 16 2022 |
quarterly
quarterly
|
| 2022 |
$0.09
$0.09
|
Aug 03 2022
Aug 03 2022
Aug 17 2022
Aug 03 22
Aug 17 22 |
Aug 17 2022 |
quarterly
quarterly
|
| 2022 |
$0.09
$0.09
|
May 03 2022
May 03 2022
May 16 2022
May 03 22
May 16 22 |
May 16 2022 |
quarterly
quarterly
|
How much dividend does Southern States Bancshares Inc pay?
Southern States Bancshares Inc most recently paid a dividend of $0.09. Southern States Bancshares Inc paid a Dividend of $0.36 Per Share in the financial year 2023. With a stock price of $29.64 at Sep 26 2024, the current dividend yield is 1.21% (calculation: $0.36 / $29.64 = 1.21%). No special dividend was paid.
What is the Southern States Bancshares Inc Dividend Yield and payout ratio?
The average Southern States Bancshares Inc dividend yield over the last 5 years is 0.69% and the average over the last 10 years is 0.35%.
The payout ratio of Southern States Bancshares Inc in relation to the last financial year is 10.20%. The payout ratio smoothed over 3 years is 9.23%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Southern States Bancshares Inc |
|---|---|
| Current dividend yield | 1.21% |
| Dividend Yield 5Y | 0.69% |
| Dividend Yield 10Y | 0.35% |
| Payout 1Y | 10.20% |
| Payout 3Y | 9.23% |
Is the Southern States Bancshares Inc dividend safe? Continuity & Dividend Growth
Is the Southern States Bancshares Inc dividend safe?
Southern States Bancshares Inc has been paying a dividend for 3 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was not increased recently.
The Dividend Growth in relation to the previous financial year amounts to 0.00%.
| Metric | Southern States Bancshares Inc |
|---|---|
| Increased | 0 Years |
| Continuity | 3 Years |
| Paid | 3 Years |
| Growth 1Y | 0.00% |
Continuity
Southern States Bancshares Inc has been paying a dividend for 3 years and has not lowered the dividend for 3 years (dividend continuity). As a result, the dividend was not increased recently.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 0.00%.
Southern States Bancshares Inc Stock Forecast 2024
On the stock exchange, the Southern States Bancshares Inc stock (ISIN: US8438783073) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Southern States Bancshares Inc 2.32% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Southern States Bancshares Inc stock price in real time at the top of the page.
Southern States Bancshares Inc (symbol: SSBK) is valued at a Price / Earnings Ratio (P/E ratio) of 8.42 and a price/sales ratio (P/S ratio) of 1.67 valued. Based on analyst estimates, the Southern States Bancshares Inc stock forecast 2024 of the current financial year corresponds to a valuation of 9.11 according to P/E ratio and 2.70 according to P/S.
| Metric | Southern States Bancshares Inc |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
2.32%
|
| P/E TTM | 8.42 |
| P/S TTM | 1.67 |
| P/E forward | 9.11 |
| P/S forward | 2.70 |
Southern States Bancshares Inc (symbol: SSBK) is valued at a Price / Earnings Ratio (P/E ratio) of 8.42 and a price/sales ratio (P/S ratio) of 1.67 valued. Based on analyst estimates, the Southern States Bancshares Inc stock forecast 2024 of the current financial year corresponds to a valuation of 9.11 according to P/E ratio and 2.70 according to P/S.
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