Ameris Bancorp's latest quarterly cash dividend of $0.15 per share was issued to shareholders on record before Dec 29, 2022. The dividend distribution stands at $0.6 per share annually, which comes to a dividend yield of 1.29%.
Ameris Bancorp's dividend yield of 1.29% is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.72%, Ameris Bancorp's dividend yield is 53% lower. Historically ABCB's dividend yield has averaged at 1.4% in the last 5 years, which is more than the current one.
Ameris Bancorp has a dividend history dating as far as 1994, but consistently the company has been paying dividends for the last eight consecutive years. Our records show that ABCB has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock down by 5% from a year ago, the dividend yield has increased by 5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 29, 2022 | Jan 9, 2023 | Dec 12, 2022 | $0.15 | normal |
| Sep 29, 2022 | Oct 10, 2022 | Sep 7, 2022 | $0.15 | normal |
| Jun 29, 2022 | Jul 8, 2022 | Jun 9, 2022 | $0.15 | normal |
| Mar 30, 2022 | Apr 8, 2022 | Mar 17, 2022 | $0.15 | normal |
| Dec 30, 2021 | Jan 10, 2022 | Dec 8, 2021 | $0.15 | normal |
| Sep 29, 2021 | Oct 8, 2021 | Sep 15, 2021 | $0.15 | normal |
| Jun 29, 2021 | Jul 9, 2021 | Jun 10, 2021 | $0.15 | normal |
| Mar 30, 2021 | Apr 9, 2021 | Mar 18, 2021 | $0.15 | normal |
| Dec 30, 2020 | Jan 11, 2021 | Dec 17, 2020 | $0.15 | normal |
| Sep 29, 2020 | Oct 9, 2020 | Sep 17, 2020 | $0.15 | normal |
| Jun 29, 2020 | Jul 10, 2020 | Jun 11, 2020 | $0.15 | normal |
| Mar 30, 2020 | Apr 10, 2020 | Mar 11, 2020 | $0.15 | normal |
| Dec 30, 2019 | Jan 10, 2020 | Dec 19, 2019 | $0.15 | normal |
| Sep 27, 2019 | Oct 10, 2019 | Sep 18, 2019 | $0.15 | normal |
| Jun 27, 2019 | Jul 10, 2019 | Jun 18, 2019 | $0.1 | normal |
| Mar 28, 2019 | Apr 10, 2019 | Mar 19, 2019 | $0.1 | normal |
| Dec 28, 2018 | Jan 10, 2019 | Dec 13, 2018 | $0.1 | normal |
| Sep 27, 2018 | Oct 10, 2018 | Sep 18, 2018 | $0.1 | normal |
| Jun 28, 2018 | Jul 10, 2018 | May 15, 2018 | $0.1 | normal |
| Mar 28, 2018 | Apr 10, 2018 | Mar 20, 2018 | $0.1 | normal |
| Dec 28, 2017 | Jan 10, 2018 | Dec 14, 2017 | $0.1 | normal |
| Sep 28, 2017 | Oct 10, 2017 | Sep 19, 2017 | $0.1 | normal |
| Jun 28, 2017 | Jul 10, 2017 | Jun 19, 2017 | $0.1 | normal |
| Mar 29, 2017 | Apr 10, 2017 | Mar 21, 2017 | $0.1 | normal |
| Dec 28, 2016 | Jan 10, 2017 | Dec 13, 2016 | $0.1 | normal |
| Sep 28, 2016 | Oct 11, 2016 | Sep 8, 2016 | $0.1 | normal |
| Jun 28, 2016 | Jul 11, 2016 | Jun 21, 2016 | $0.05 | normal |
| Mar 29, 2016 | Apr 11, 2016 | Mar 15, 2016 | $0.05 | normal |
| Dec 29, 2015 | Jan 11, 2016 | Dec 15, 2015 | $0.05 | normal |
Ameris Bancorp's payout ratio of 12% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 31.1%, Ameris Bancorp's payout ratio is 61% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AUBN Auburn National Bancorporation Inc | 4.44% | $1.06 | 48.2% |
| ATLO Ames National Corp | 4.42% | $1.07 | 48% |
| CBAN Colony Bankcorp Inc | 3.36% | $0.43 | 39.2% |
| UCBI United Community Banks Inc | 2.69% | $0.86 | 36.9% |
| ABCB Ameris Bancorp | 1.29% | $0.6 | 12% |
Yes, Ameris Bancorp has been paying dividends for the last eight years.
ABCB hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in March 2023.
Ameris Bancorp's last regular dividend was on Dec 29, 2022 (ex-date) with the amount of $0.15 per share.
ABCB has paid dividend of $0.6 per share in the last year.
Ameris Bancorp's current dividend yield is 1.29%.
Ameris Bancorp pays dividends quarterly.
Ameris Bancorp's dividend payout ratio is 12%.
Ameris Bancorp's dividend yield is less than the Financial Services sector average.