Summit State Bank Dividend
Summit State Bank Dividend history 18 years
Dividend Analysis of the Summit State Bank Stock
| Current dividend yield | 9.71 % |
| Dividendenrendite 5 Jahre | 5.26 % |
| Dividend Yield 10Y | 4.99 % |
| Payout 3Y | 7.89 % |
When does Summit State Bank pay a dividend?
The Summit State Bank stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Summit State Bank stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Summit State Bank 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 |
$0.04
$0.04
|
Oct 03 2024
Oct 03 2024
Oct 10 2024
Oct 03 24
Oct 10 24 |
Oct 10 2024 |
quarterly
quarterly
|
| 2024 |
$0.12
$0.12
|
May 15 2024
May 15 2024
May 23 2024
May 15 24
May 23 24 |
May 23 2024 |
quarterly
quarterly
|
| 2024 |
$0.12
$0.12
|
Feb 07 2024
Feb 07 2024
Feb 15 2024
Feb 07 24
Feb 15 24 |
Feb 15 2024 |
quarterly
quarterly
|
| 2023 |
$0.12
$0.12
|
Nov 08 2023
Nov 08 2023
Nov 16 2023
Nov 08 23
Nov 16 23 |
Nov 16 2023 |
quarterly
quarterly
|
| 2023 |
$0.12
$0.12
|
Aug 09 2023
Aug 09 2023
Aug 17 2023
Aug 09 23
Aug 17 23 |
Aug 17 2023 |
quarterly
quarterly
|
| 2023 |
$0.12
$0.12
|
May 10 2023
May 10 2023
May 18 2023
May 10 23
May 18 23 |
May 18 2023 |
quarterly
quarterly
|
| 2023 |
$0.12
$0.12
|
Feb 08 2023
Feb 08 2023
Feb 16 2023
Feb 08 23
Feb 16 23 |
Feb 16 2023 |
quarterly
quarterly
|
| 2022 |
$0.12
$0.12
|
Nov 09 2022
Nov 09 2022
Nov 17 2022
Nov 09 22
Nov 17 22 |
Nov 17 2022 |
quarterly
quarterly
|
| 2022 |
$0.12
$0.12
|
Aug 10 2022
Aug 10 2022
Aug 18 2022
Aug 10 22
Aug 18 22 |
Aug 18 2022 |
quarterly
quarterly
|
| 2022 |
$0.12
$0.12
|
May 11 2022
May 11 2022
May 19 2022
May 11 22
May 19 22 |
May 19 2022 |
quarterly
quarterly
|
How much dividend does Summit State Bank pay?
Summit State Bank most recently paid a dividend of $0.04. Summit State Bank paid a Dividend of $0.48 Per Share in the financial year 2023. With a stock price of $6.79 at Nov 01 2024, the current dividend yield is 7.07% (calculation: $0.48 / $6.79 = 7.07%). No special dividend was paid.
What is the Summit State Bank Dividend Yield and payout ratio?
The average Summit State Bank dividend yield over the last 5 years is 3.44% and the average over the last 10 years is 3.48%.
The payout ratio of Summit State Bank in relation to the last financial year is 29.63%. The payout ratio smoothed over 3 years is 22.13%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Summit State Bank |
|---|---|
| Current dividend yield | 7.07% |
| Dividend Yield 5Y | 3.44% |
| Dividend Yield 10Y | 3.48% |
| Payout 1Y | 29.63% |
| Payout 3Y | 22.13% |
Is the Summit State Bank dividend safe? Continuity & Dividend Growth
Is the Summit State Bank dividend safe?
Summit State Bank has been paying a dividend for 18 years and has not lowered the dividend for 18 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%. The average Summit State Bank Dividend Growth over the last 5 years is 1.92%. The average for the last 10 years is 4.62%.
| Metric | Summit State Bank |
|---|---|
| Increased | 0 Years |
| Continuity | 18 Years |
| Paid | 18 Years |
| Growth 1Y | 0.00% |
| Growth 5Y | 1.92% |
| Growth 10Y | 4.62% |
Continuity
Summit State Bank has been paying a dividend for 18 years and has not lowered the dividend for 18 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%. The average Summit State Bank Dividend Growth over the last 5 years is 1.92%. The average for the last 10 years is 4.62%.
Summit State Bank Stock Forecast 2024
On the stock exchange, the Summit State Bank stock (ISIN: US8662642037) is traded at November 2024 as a Top Scorer according to the dividend strategy.
The stock price of Summit State Bank -44.80% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Summit State Bank stock price in real time at the top of the page.
Summit State Bank (symbol: SSBI) is valued at a Price / Earnings Ratio (P/E ratio) of 9.39 and a price/sales ratio (P/S ratio) of 0.73 valued.
| Metric | Summit State Bank |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
44.80%
|
| P/E TTM | 9.39 |
| P/S TTM | 0.73 |
Summit State Bank (symbol: SSBI) is valued at a Price / Earnings Ratio (P/E ratio) of 9.39 and a price/sales ratio (P/S ratio) of 0.73 valued.
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