GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern States Bancshares Inc (NAS:SSBK) » Definitions » Forward Dividend Yield %

Southern States Bancshares (Southern States Bancshares) Forward Dividend Yield % : 1.35% (As of Jun. 02, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Southern States Bancshares Forward Dividend Yield %?

As of today (2024-06-02), the Forward Annual Dividend Yield of Southern States Bancshares is 1.35%.

As of today (2024-06-02), the Trailing Annual Dividend Yield of Southern States Bancshares is 1.35%.

SSBK's Forward Dividend Yield % is ranked worse than
92.26% of 1176 companies
in the Banks industry
Industry Median: 4.13 vs SSBK: 1.35

Southern States Bancshares's Dividends per Share for the three months ended in Mar. 2024 was $0.09.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Southern States Bancshares's Forward Dividend Yield %

For the Banks - Regional subindustry, Southern States Bancshares's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern States Bancshares's Forward Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southern States Bancshares's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Southern States Bancshares's Forward Dividend Yield % falls into.



Southern States Bancshares Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Southern States Bancshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0900002024-05-022024-05-032024-05-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.0900002024-02-012024-02-022024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0900002023-11-022023-11-032023-11-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.0900002023-08-022023-08-032023-08-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Southern States Bancshares's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.36/26.75
=1.35 %

Current Share Price is $26.75.
Southern States Bancshares's Dividends per Share for the forward twelve months is calculated as $0.09 * 4 = $0.36.

Southern States Bancshares's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.36/26.75
=1.35 %

Current Share Price is $26.75.
Southern States Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.36.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Southern States Bancshares  (NAS:SSBK) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Southern States Bancshares Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Southern States Bancshares's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Southern States Bancshares (Southern States Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
615 Quintard Avenue, Anniston, AL, USA, 36201
Southern States Bancshares Inc is a full service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in communities.
Executives
Jonathan Hinton director 615 QUINTARD AVENUE, ANNISTON AL 36201
Christine Hunsaker director 1333 S CLEARVIEW PARKWAY, JEFFERSON LA 70121
Cynthia S. Mccarty director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Lynn J Joyce officer: Chief Financial Officer 1630 4TH AVE NORTH, BESSEMER AL 35020
Daniel Andrew Cummings director 615 QUINTARD AVENUE, ANNISTON AL 36201
Gregory B. Smith officer: Chief Risk Officer 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Brent O. Hitson director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Smith J. Henry Iv director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Turner Henry A. Jr. director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Brian Stacey Holmes director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Hayes Alfred J. Jr. director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Lewis C. Beavers director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Jimmy A. Lafoy director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Robert T. Davie director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Stephen W. Whatley director, officer: Chief Executive Officer 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223