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SouthState (SouthState) 3-Year Dividend Growth Rate

: 2.80% (As of Dec. 2023)
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SouthState's Dividends per Share for the three months ended in Dec. 2023 was $0.52.

The historical rank and industry rank for SouthState's 3-Year Dividend Growth Rate or its related term are showing as below:

SSB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.4   Med: 8.45   Max: 17.8
Current: 2.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SouthState was 17.80% per year. The lowest was 0.40% per year. And the median was 8.45% per year.

SSB's 3-Year Dividend Growth Rate is ranked worse than
73.4% of 782 companies
in the Banks industry
Industry Median: 7.55 vs SSB: 2.80

During the past 12 months, SouthState's average Dividends Per Share Growth Rate was 3.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

SouthState's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.31. As of today, SouthState's Dividend Yield % is 2.62%.

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


Competitive Comparison

For the Banks - Regional subindustry, SouthState's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


SouthState 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, SouthState's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where SouthState's 3-Year Dividend Growth Rate falls into.



SouthState 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


SouthState  (NYSE:SSB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

SouthState's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.52/ 1.67
=0.31

During the past 13 years, the highest Dividend Payout Ratio of SouthState was 0.49. The lowest was 0.22. And the median was 0.27.

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

SouthState Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5202024-02-082024-02-092024-02-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.5202023-11-092023-11-102023-11-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.5202023-08-102023-08-112023-08-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-05-112023-05-122023-05-19Cash 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.

SouthState's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.06/78.33
=2.63 %

Current Share Price is $78.33.
SouthState's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.06.

During the past 13 years, the highest Dividend Yield of SouthState was 4.06%. The lowest was 1.08%. And the median was 1.80%.

* 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.


SouthState 3-Year Dividend Growth Rate Related Terms>


SouthState (SouthState) Business Description

Industry
Traded in Other Exchanges
Address
1101 First Street South, Suite 202, Winter Haven, FL, USA, 33880
SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit card servicing, ATM processing, and wealth management and trust services.
Executives
Greg A Lapointe officer: President of SSB 520 GERVAIS STREET, COLUMBIA SC 29201
Page G Ruffner Jr director
Douglas Lloyd Williams officer: President, Atlanta Banking Grp 3280 PEACHTREE ROAD NE, SUITE 1600, ATLANTA GA 30305
John C Pollok officer: Executive Vice President C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Hill Robert R Jr officer: President & CEO C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Robert R Horger director, officer: Chairman C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Renee R Brooks officer: CHIEF ADMINISTRATIVE OFFICER C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Ronald M. Cofield director 1101 FIRST STREET SOUTH, WINTER HAVEN FL 33880
Shantella E. Cooper director 241 RALPH MCGILL BLVD., NW, ATLANTA GA 30308
Douglas J. Hertz director 3280 PEACHTREE ROAD NE, SUITE 1600, ATLANTA GA 30305
Ernest S Pinner director
Matthews William E V officer: Chief Financial Officer
John C Corbett director, officer: CEO 1101 FIRST STREET SOUTH, SUITE 202, WINTER HAVEN FL 33880
Stephen Dean Young officer: Chief Strategy Officer 42745 U.S. HIGWAY 27, DAVENPORT FL 33837
David G Salyers director 1101 FIRST STREET SOUTH, SUITE 202, WINTER HAVEN FL 33880