Page title
Section title
- Dividend Yield
- 2.21%
- Payout Ratio
- 33.33%
- Dividend Amount Per Share
- $2.08
- Last Ex-Dividend Date
- Aug 09, 2024
SSB Dividend Safety
SSB paid out 33.33% of its $494M earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
SSB's Dividend Payout Ratio of 33.333% is considered safe for the Financial Services sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
SSB's Interest Coverage Ratio of 0.939 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.
Income Quality
SSB shows excellent income quality with a ratio of 1.106. This indicates high-quality earnings and low risk of dividend cuts.
SSB Dividend Growth
SouthState Corporation(SSB) offers a dividend yield of 2.21% and pays $2.08 in dividends per share. Explore the historical dividend growth of SSB.
Dividend Stability
SSB has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
SSB's dividend payments have shown moderate growth, growing by 3.259% annually over the last 5 years.
Earnings Growth
SSB's earnings have grown by 21.527% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
SSB Dividend Yield Attractiveness
SouthState Corporation(SSB) provides a dividend yield of 2.21%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
2.10%
2.21%
3.73%
4.13%
Dividend Yield
SSB's dividend yield of 2.21% is considered good compared to the sector average of 3.73%, providing a strong safety margin for investors.
SSB Cash Flow
Over the past 12 months, SSB generated $2B in revenue, produced $541M in free cash flow, and distributed $160M in dividends.
Free Cash Flow Growth
SSB's free cash flow has grown by 25.179% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
SSB Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by SouthState Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.