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South Plains Financial Stock

South Plains Financial Dividend 2024

South Plains Financial Dividend

0.52 USD

South Plains Financial Dividend yield

1.53 %

Ticker

SPFI

ISIN

US83946P1075

WKN

A2PJ0C

How much dividend does South Plains Financial 2024 pay?

According to the latest status from September 2024, South Plains Financial paid a total of 0.52 USD per share in dividends within the last 12 months. With the current South Plains Financial price of 33.89 USD, this corresponds to a dividend yield of 1.53 %. A dividend is paid times per year.

1.53 % Dividend Yield=
0.52 USD Dividend
33.89 USD Stock Price

Historical South Plains Financial Dividends

A dividend is paid times per year. Last year, the payout months were February, May, August and November.

PaydateDividend
8/29/20240.14
5/26/20240.14
2/26/20240.13
11/27/20230.13
8/28/20230.13
5/28/20230.13
2/27/20230.13
11/28/20220.12
8/29/20220.12
5/29/20220.11
2/28/20220.11
11/29/20210.09
8/30/20210.09
5/30/20210.07
3/1/20210.05
11/30/20200.05
8/24/20200.03
5/24/20200.03
2/24/20200.03
11/25/20190.03
1
2

South Plains Financial dividend history and estimates

In 2023, South Plains Financial paid a dividend amounting to 0.52 USD. Dividend means that South Plains Financial distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for South Plains Financial provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify South Plains Financial’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating South Plains Financial's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

South Plains Financial Dividend History

DateSouth Plains Financial Dividend
2026e0.6 undefined
2025e0.59 undefined
2024e0.6 undefined
20230.52 undefined
20220.46 undefined
20210.3 undefined
20200.14 undefined
20190.06 undefined

Is the South Plains Financial Dividend Safe?

South Plains Financial has been increasing the dividend for 4 years.

Over the past 7 years, South Plains Financial has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Increase of 6.996% for the current fiscal year.

South Plains Financial dividend payout ratio

In 2023, South Plains Financial had a payout ratio of 9.79%. The payout ratio indicates the percentage of the company's profits that South Plains Financial distributes as dividends.

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Payout ratio
Details

Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for South Plains Financial represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for South Plains Financial could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate South Plains Financial's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

South Plains Financial Payout Ratio History

DateSouth Plains Financial Payout ratio
2026e10.9 %
2025e11.73 %
2024e11.17 %
20239.79 %
202214.24 %
20219.46 %
20205.67 %
20193.51 %
20189.79 %
20179.79 %

Dividend Details

Understanding South Plains Financial's Dividend Distributions

South Plains Financial’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining South Plains Financial's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

South Plains Financial's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in South Plains Financial’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

South Plains Financial Aktienanalyse

What does South Plains Financial do?

South Plains Financial Inc is a company in the financial services industry that was founded in 2013 and is headquartered in Lubbock, Texas. The company offers a variety of financial products and services, including banking, lending, wealth management, and insurance. The history of South Plains Financial, Inc The company traces its roots back to the original founding of City Bank Texas in Lubbock in 1941. Over the decades, the company has built a strong presence in West Texas and expanded further in 2013 through the establishment of South Plains Financial Inc. Today, the company is listed on the NASDAQ stock exchange and has a market capitalization of over $1 billion. Business model The business model of South Plains Financial Inc is focused on offering a range of financial services. The company relies on a strong local presence in West Texas to provide a wide range of financial products and services. These include deposit and lending offerings, wealth management services, insurance, and other financial services. The company also has a strong presence in the agricultural sector of West Texas and offers specific financial services tailored to the sector's needs. Divisions and products South Plains Financial Inc offers various types of financial products and services tailored to the needs of business and personal customers. The main divisions of the company are Commercial Banking and Wealth Management. Commercial Banking Within the Commercial Banking division, the company offers various types of accounts and loans. These include deposit accounts such as checking accounts, savings accounts, and money market deposits. Lending offerings include commercial real estate loans, investment loans, construction loans, vehicle loans, and lines of credit. Wealth Management The Wealth Management division of South Plains Financial Inc caters to affluent individual clients and institutions. Services include financial planning, asset management, and consultation on tax and estate planning. Insurance The company also offers insurance products, including auto, home, life, accident, and health insurance. Agricultural Financing South Plains Financial specializes in agricultural financing and offers specific financial services to farmers. These include ag banking services, agricultural loans, farm management services, mortgage loans, operating capital, and agricultural business financing. Conclusion South Plains Financial Inc is a financial services company that offers a wide range of products and services at a local level in West Texas. Like many other financial companies, it aims to adapt to changes in the industry, including the impact of digitalization. By creating specialized services for the agricultural sector in West Texas, it has been able to differentiate itself from other companies. The company has established itself as a significant financial service provider in its region and will continue to strive to improve the breadth of its services and the quality of customer care. South Plains Financial is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about South Plains Financial stock

How much dividend does South Plains Financial pay?

Over the past 12 months, South Plains Financial paid a dividend of 0.52 USD . This corresponds to a dividend yield of about 1.53 %. For the coming 12 months, South Plains Financial is expected to pay a dividend of 0.59 USD.

What is the dividend yield of South Plains Financial?

The current dividend yield of South Plains Financial is 1.53 %.

When does South Plains Financial pay dividends?

South Plains Financial pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of South Plains Financial?

South Plains Financial paid dividends every year for the past 8 years.

What is the dividend of South Plains Financial?

For the upcoming 12 months, dividends amounting to 0.59 USD are expected. This corresponds to a dividend yield of 1.76 %.

In which sector is South Plains Financial located?

South Plains Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von South Plains Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of South Plains Financial from 8/12/2024 amounting to 0.14 USD, you needed to have the stock in your portfolio before the ex-date on 7/29/2024.

When did South Plains Financial pay the last dividend?

The last dividend was paid out on 8/12/2024.

What was the dividend of South Plains Financial in the year 2023?

In the year 2023, South Plains Financial distributed 0.46 USD as dividends.

In which currency does South Plains Financial pay out the dividend?

The dividends of South Plains Financial are distributed in USD.

Andere Kennzahlen von South Plains Financial

Our stock analysis for South Plains Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of South Plains Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.