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Southside Bancshares (Southside Bancshares) Dividend Yield %

: 5.20% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Southside Bancshares is 5.20%.

Good Sign:

Southside Bancshares Inc stock dividend yield is close to 10-year high.

The historical rank and industry rank for Southside Bancshares's Dividend Yield % or its related term are showing as below:

SBSI' s Dividend Yield % Range Over the Past 10 Years
Min: 2.33   Med: 3.29   Max: 5.38
Current: 5.2

During the past 13 years, the highest Dividend Yield of Southside Bancshares was 5.38%. The lowest was 2.33%. And the median was 3.29%.

SBSI's Dividend Yield % is ranked better than
66.75% of 1200 companies
in the Banks industry
Industry Median: 4 vs SBSI: 5.20

Southside Bancshares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.61.

During the past 13 years, the highest Dividend Payout Ratio of Southside Bancshares was 0.78. The lowest was 0.37. And the median was 0.51.

As of today (2024-04-19), the Forward Dividend Yield % of Southside Bancshares is 5.31%.

Southside Bancshares's Dividends per Share for the three months ended in Dec. 2023 was $0.35.

During the past 12 months, Southside Bancshares's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Southside Bancshares was 31.60% per year. The lowest was 3.40% per year. And the median was 12.70% per year.

The growth rate is calculated with least square regression.

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


Southside Bancshares Dividend Yield % Historical Data

The historical data trend for Southside Bancshares's Dividend Yield % 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.

Southside Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.31 4.03 3.13 3.77 4.47

Southside Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.77 4.13 5.27 4.84 4.47

Competitive Comparison

For the Banks - Regional subindustry, Southside Bancshares's Dividend Yield %, along with its competitors' market caps and 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.


Southside Bancshares Dividend Yield % Distribution

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

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



Southside Bancshares Dividend Yield % Calculation

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

Southside Bancshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3602024-02-142024-02-152024-02-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-11-212023-11-222023-12-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-08-162023-08-172023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3502023-05-222023-05-232023-06-06Cash 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.41/27.20
=5.18 %

Current Share Price is $27.20.
Southside Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.41.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.44/27.20
=5.29 %

Current Share Price is $27.20.
Southside Bancshares's Dividends per Share for the forward twelve months is calculated as $0.36 * 4 = $1.44.

* 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.


Southside Bancshares  (NAS:SBSI) 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.


Southside Bancshares Dividend Yield % Related Terms

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


Southside Bancshares (Southside Bancshares) Business Description

Traded in Other Exchanges
Address
1201 South Beckham Avenue, Tyler, TX, USA, 75701
Southside Bancshares Inc is a financial institution offering financial services to individuals, businesses, municipal entities, and non-profit organizations. It provides various services such as personal banking, business banking, mortgage, equity lending, wealth management and trust, and brokerage. The bank generates its revenue in the form of interest income, gains on sales of assets, and fee income.
Executives
Brian K Mccabe officer: Secretary & EVP PO BOX 1079, TYLER TX 75710
Sammons John F Jr director 1320 S. UNIVERSITY DRIVE, SUITE 900, FORT WORTH TX 76107
Jared C. Green officer: SVP 1201 S. BECKHAM, TYLER TX 75701
Lee R Gibson director, officer: Executive Vice President SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Herbert C Buie director
Tony K Morgan director PO BOX 1079, TYLER X1 75710
Cindy Blackstone officer: Chief Retail Officer 1201 S. BECKHAM AVE, TYLER TX 75701
Susan Elaine Anderson director PO BOX 1079, TYLER TX 75710
Keith Donahoe officer: RP CTX 1201 S. BECKHAM, TYLER TX 75701
Donald W Thedford director PO BOX 1079, TYLER TX 75710
Alton L. Frailey director 1201 S. BECKHAM AVE, TYLER TX 75701
William Sheehy director SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Julie Shamburger officer: Vice President & Controller SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Emily S Moore officer: HR DIRECTOR PO BOX 1079, TYLER TX 75710
Lawrence Lazelle Anderson director PO BOX 1079, TYLER` TX 75710

Southside Bancshares (Southside Bancshares) Headlines