Southern States Bancshares (Southern States Bancshares) Dividend Payout Ratio : 0.11 (As of Dec. 2023)

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What is Southern States Bancshares Dividend Payout Ratio?

Southern States Bancshares's dividend payout ratio for the months ended in Dec. 2023 was 0.11.

The historical rank and industry rank for Southern States Bancshares's Dividend Payout Ratio or its related term are showing as below:

SSBK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.1 Max: 0.12
Current: 0.1

During the past 5 years, the highest Dividend Payout Ratio of Southern States Bancshares was 0.12. The lowest was 0.04. And the median was 0.10.

SSBK's Dividend Payout Ratio is ranked better than
93.1% of 1087 companies
in the Banks industry
Industry Median: 0.35 vs SSBK: 0.10

As of today (2024-05-04), the Dividend Yield % of Southern States Bancshares is 1.38%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Southern States Bancshares was 1.80%. The lowest was 0.39%. And the median was 1.29%.

Southern States Bancshares's Dividends per Share for the months ended in Dec. 2023 was $0.09.

The growth rate is calculated with least square regression.

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

Southern States Bancshares Dividend Payout Ratio Historical Data

The historical data trend for Southern States Bancshares's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Southern States Bancshares Dividend Payout Ratio Chart

Southern States Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.04

0.12

0.10

Southern States Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial													0.11	0.11	0.09	0.11	0.10

Competitive Comparison of Southern States Bancshares's Dividend Payout Ratio

For the Banks - Regional subindustry, Southern States Bancshares's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Southern States Bancshares's Dividend Payout Ratio falls into.

Southern States Bancshares Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Southern States Bancshares's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.36	/	3.45
	=	0.10

Southern States Bancshares'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 )
	=	0.09	/	0.81
	=	0.11

Southern States Bancshares (NAS:SSBK) Dividend Payout Ratio Explanation

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.

Southern States Bancshares Dividend Payout Ratio Related Terms

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

Southern States Bancshares (Southern States Bancshares) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

615 Quintard Avenue, Anniston, AL, USA, 36201

Website

https://www.southernstatesbank.net

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