Sturgis Bancorp (Sturgis Bancorp) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Sturgis Bancorp Dividend Payout Ratio?

Sturgis Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

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

STBI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.23 Max: 0.35
Current: 0.24

During the past 13 years, the highest Dividend Payout Ratio of Sturgis Bancorp was 0.35. The lowest was 0.10. And the median was 0.23.

STBI's Dividend Payout Ratio is ranked better than
71.92% of 1086 companies
in the Banks industry
Industry Median: 0.34 vs STBI: 0.24

As of today (2024-04-30), the Dividend Yield % of Sturgis Bancorp is 4.18%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sturgis Bancorp was 4.31%. The lowest was 1.77%. And the median was 3.08%.

Sturgis Bancorp's Dividends per Share for the months ended in Dec. 2023 was $0.17.

During the past 3 years, the average Dividends Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sturgis Bancorp was 74.70% per year. The lowest was -57.10% per year. And the median was 11.10% per year.

The growth rate is calculated with least square regression.

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

Sturgis Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Sturgis Bancorp'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.

Sturgis Bancorp Dividend Payout Ratio Chart

Sturgis Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.26

0.23

0.22

0.24

Sturgis Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.20	0.24	0.21	0.12	-

Competitive Comparison of Sturgis Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Sturgis Bancorp'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.

Sturgis Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Sturgis Bancorp's Dividend Payout Ratio falls into.

Sturgis Bancorp Dividend Payout Ratio Calculation

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

Sturgis Bancorp'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 )
	=	0.68	/	2.788
	=	0.24

Sturgis Bancorp'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 )
	=	0.17	/	-0.18
	=	N/A

Sturgis Bancorp (OTCPK:STBI) 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.

Sturgis Bancorp Dividend Payout Ratio Related Terms

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

Sturgis Bancorp (Sturgis Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sturgis Bancorp Inc (OTCPK:STBI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

113-125 East Chicago Road, Sturgis, MI, USA, 49091

Website

https://www.sturgis.bank

Sturgis Bancorp Inc operates as a bank holding company. Its primary services include accepting deposits, making commercial and mortgage loans, engaging in mortgage banking activities, and providing investment brokerage advisory services. The majority of the revenues come from interest income and other sources, including loans, leases, securities, and derivatives.

Executives

Eric L Eishen	director, officer: President/CEO	284 KRUSZKA, BRONSON MI 49091
David E Watters	officer: Vice President/Trust Officer	P O BOX 304, STURGIS MI 49091
Philip G Ward	director	1000 S LAKEVIEW, STURGIS MI 49091
Gary E Metz	officer: Vice President	P O BOX 344, CENTREVILLE MI 49032
Dresser Raymond H Jr	director	112 SOUTH MONROE STREET, STURGIS MI 49091
Leonard L Eishen	director	66002 KNOLLWOOD DRIVE, STURGIS MI 49091
Janet M Stahl	officer: Vice President	29601 WITT LAKE ROAD, STURGIS, STURGIS MI 49091