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Southside Bancshares - Stock

Southside Bancshares Dividend 2024

Southside Bancshares Dividend

1.07 USD

Southside Bancshares Dividend yield

4.08 %

Ticker

SBSI

ISIN

US84470P1093

WKN

923556

How much dividend does Southside Bancshares 2024 pay?

According to the latest status from June 2024, Southside Bancshares paid a total of 1.07 USD per share in dividends within the last 12 months. With the current Southside Bancshares price of 26.22 USD, this corresponds to a dividend yield of 4.08 %. A dividend is paid times per year.

4.08 % Dividend Yield=
1.07 USD Dividend
26.22 USD Stock Price

Historical Southside Bancshares Dividends

A dividend is paid times per year. Last year, the payout months were March, June, September and December.

PaydateDividend
6/22/20240.36
3/14/20240.36
12/21/20230.02
9/16/20230.35
6/22/20230.35
3/15/20230.35
12/22/20220.04
9/17/20220.34
6/18/20220.34
3/16/20220.34
12/23/20210.33
9/18/20210.33
6/19/20210.33
3/17/20210.32
12/24/20200.32
9/19/20200.31
6/20/20200.31
3/19/20200.31
12/26/20190.31
9/21/20190.31
1
2
3
4
5
...
6

Southside Bancshares Stock Dividend

In 2023, Southside Bancshares paid a dividend amounting to 1.07 USD. Dividend means that Southside Bancshares 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 Southside Bancshares 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 Southside Bancshares’s potential for long-term investment and income generation through dividends.

Investment Strategy

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

Southside Bancshares Dividend History

DateSouthside Bancshares Dividend
2026e1.16 undefined
2025e1.17 undefined
2024e1.17 undefined
20231.07 undefined
20221.06 undefined
20211.31 undefined
20201.25 undefined
20191.23 undefined
20181.18 undefined
20171.08 undefined
20160.72 undefined
20150.71 undefined
20140.86 undefined
20130.67 undefined
20120.77 undefined
20110.54 undefined
20100.49 undefined
20090.38 undefined
20080.29 undefined
20070.24 undefined
20060.26 undefined
20050.2 undefined
20040.21 undefined

Is the Southside Bancshares Dividend Safe?

Southside Bancshares has been increasing the dividend for 1 years.

Over the past 10 years, Southside Bancshares has increased it by an annual 4.72 %.

Over a five-year period, the distribution increased by -1.938%.

Analysts expect a Dividend Increase of 4.349% for the current fiscal year.

Southside Bancshares Stock Payout Ratio

In 2023, Southside Bancshares had a payout ratio of 40.29%. The payout ratio indicates the percentage of the company's profits that Southside Bancshares 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 Southside Bancshares 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 Southside Bancshares 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 Southside Bancshares'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.

Southside Bancshares Payout Ratio History

DateSouthside Bancshares Payout ratio
2026e37.9 %
2025e36.55 %
2024e36.85 %
202340.29 %
202232.52 %
202137.75 %
202050.61 %
201955.91 %
201855.92 %
201759.84 %
201639.76 %
201543.8 %
201489.17 %
201334.77 %
201247.95 %
201129.9 %
201027.03 %
200918.39 %
200820.05 %
200730.22 %
200637.12 %
200528.93 %
200428.28 %

Dividend Details

Understanding Southside Bancshares's Dividend Distributions

Southside Bancshares’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 Southside Bancshares'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

Southside Bancshares'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 Southside Bancshares’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.

Southside Bancshares Aktienanalyse

What does Southside Bancshares do?

Southside Bancshares Inc is a US bank holding company based in Tyler, Texas. The company's history dates back to 1960 when the founder, Lee R. Gibson, established the Southside Bank of Tyler. Over the years, the company has grown through organic growth and targeted acquisitions, and now operates 60 branches in the northeast and east of Texas. The business model of Southside Bancshares Inc is based on classic, conservative banking. Lending to individual and business customers is the core of the business, with the bank emphasizing high risk capacity and solid credit quality. In addition, the bank offers a wide range of deposit products, including checking accounts, savings accounts, and certificates, as well as asset management and securities trading services. A key focus of Southside Bancshares Inc is real estate financing, particularly mortgages for single and multifamily homes. In this area, the bank is the largest lender in East Texas and has expanded its business to other regions in Texas in recent years. Another important division is the small and medium-sized business segment, for which the bank offers special loan products and advisory services. The various business divisions of Southside Bancshares Inc are typically separated by geographical orientation. For example, there is the Southside Bank of Tyler, the Southside Bank of Dallas, the Southside Bank of Houston, and the Southside Bank of Austin, each tailored to the needs of its local customers. An exception is Southside Wealth Management, which offers asset management and financial planning services nationwide and operates independently of the geographic location of its clients. To best serve its customers, Southside Bancshares Inc combines personal service with modern technology solutions. All bank branches are equipped with the latest IT systems to enable fast and efficient transactions. However, the bank also emphasizes personal contact with its customers and values close engagement with the local community. Overall, Southside Bancshares Inc is a solid and successful company that focuses on traditional banking while prioritizing high risk capacity and solid credit quality. With a wide range of deposit and loan products, as well as asset management and advisory services, the bank is able to offer its customers a comprehensive range of services. With its dedicated team and strong foundation in the Texas community, the bank is prepared to confidently face future challenges. Southside Bancshares is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Southside Bancshares Stock

How much dividend does Southside Bancshares pay?

Over the past 12 months, Southside Bancshares paid a dividend of 1.07 USD . This corresponds to a dividend yield of about 4.08 %. For the coming 12 months, Southside Bancshares is expected to pay a dividend of 1.17 USD.

What is the dividend yield of Southside Bancshares?

The current dividend yield of Southside Bancshares is 4.08 %.

When does Southside Bancshares pay dividends?

Southside Bancshares pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Southside Bancshares?

Southside Bancshares paid dividends every year for the past 23 years.

What is the dividend of Southside Bancshares?

For the upcoming 12 months, dividends amounting to 1.17 USD are expected. This corresponds to a dividend yield of 4.45 %.

In which sector is Southside Bancshares located?

Southside Bancshares is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Southside Bancshares kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Southside Bancshares from 6/6/2024 amounting to 0.36 USD, you needed to have the stock in your portfolio before the ex-date on 5/22/2024.

When did Southside Bancshares pay the last dividend?

The last dividend was paid out on 6/6/2024.

What was the dividend of Southside Bancshares in the year 2023?

In the year 2023, Southside Bancshares distributed 1.06 USD as dividends.

In which currency does Southside Bancshares pay out the dividend?

The dividends of Southside Bancshares are distributed in USD.

Andere Kennzahlen von Southside Bancshares

Our stock analysis for Southside Bancshares 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 Southside Bancshares Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.