Sierra Bancorp's latest quarterly cash dividend of $0.23 per share was issued to shareholders on record before Jan 30, 2024. The dividend distribution stands at $0.92 per share annually, which comes to a dividend yield of 4.4%.
BSRR has a dividend yield of 4.4% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.36%, Sierra Bancorp's dividend yield is 31% higher. The historical 5-year average of BSRR's dividend yield is 3.9%, which is less than the current one.
Sierra Bancorp has been paying dividends for the last 25 years. Our records show that BSRR has distributed five 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 up by 31% from a year ago, the dividend yield has a decrease of 24%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 30, 2024 | Feb 12, 2024 | Jan 18, 2024 | $0.23 | normal |
| Oct 30, 2023 | Nov 14, 2023 | Oct 20, 2023 | $0.23 | normal |
| Oct 27, 2023 | Nov 14, 2023 | Oct 19, 2023 | $0.23 | normal |
| Jul 28, 2023 | Aug 14, 2023 | Jul 21, 2023 | $0.23 | normal |
| Apr 28, 2023 | May 15, 2023 | Apr 21, 2023 | $0.23 | normal |
| Jan 30, 2023 | Feb 13, 2023 | Jan 20, 2023 | $0.23 | normal |
| Oct 28, 2022 | Nov 14, 2022 | Oct 21, 2022 | $0.23 | normal |
| Jul 29, 2022 | Aug 15, 2022 | Jul 21, 2022 | $0.23 | normal |
| Apr 29, 2022 | May 12, 2022 | Apr 22, 2022 | $0.23 | normal |
| Jan 28, 2022 | Feb 14, 2022 | Jan 21, 2022 | $0.23 | normal |
| Oct 28, 2021 | Nov 11, 2021 | Oct 22, 2021 | $0.22 | normal |
| Jul 29, 2021 | Aug 12, 2021 | Jul 16, 2021 | $0.22 | normal |
| Apr 28, 2021 | May 12, 2021 | Apr 16, 2021 | $0.21 | normal |
| Jan 28, 2021 | Feb 12, 2021 | Jan 22, 2021 | $0.21 | normal |
| Oct 29, 2020 | Nov 12, 2020 | Oct 16, 2020 | $0.2 | normal |
| Jul 30, 2020 | Aug 13, 2020 | Jul 17, 2020 | $0.2 | normal |
| Apr 29, 2020 | May 13, 2020 | Apr 16, 2020 | $0.2 | normal |
| Jan 29, 2020 | Feb 13, 2020 | Jan 16, 2020 | $0.2 | normal |
| Oct 30, 2019 | Nov 14, 2019 | Oct 17, 2019 | $0.19 | normal |
| Jul 31, 2019 | Aug 15, 2019 | Jul 18, 2019 | $0.19 | normal |
| May 1, 2019 | May 16, 2019 | Apr 19, 2019 | $0.18 | normal |
| Jan 30, 2019 | Feb 14, 2019 | Jan 17, 2019 | $0.18 | normal |
| Oct 31, 2018 | Nov 15, 2018 | Oct 18, 2018 | $0.16 | normal |
| Aug 1, 2018 | Aug 16, 2018 | Jul 19, 2018 | $0.16 | normal |
| May 2, 2018 | May 17, 2018 | Apr 19, 2018 | $0.16 | normal |
| Jan 31, 2018 | Feb 15, 2018 | Jan 18, 2018 | $0.16 | normal |
| Nov 1, 2017 | Nov 16, 2017 | Oct 19, 2017 | $0.14 | normal |
| Aug 1, 2017 | Aug 17, 2017 | Jul 20, 2017 | $0.14 | normal |
| May 2, 2017 | May 18, 2017 | Apr 20, 2017 | $0.14 | normal |
| Jan 31, 2017 | Feb 16, 2017 | Jan 19, 2017 | $0.14 | normal |
| Nov 1, 2016 | Nov 17, 2016 | Oct 21, 2016 | $0.12 | normal |
| Aug 2, 2016 | Aug 18, 2016 | Jul 22, 2016 | $0.12 | normal |
| May 3, 2016 | May 19, 2016 | Apr 22, 2016 | $0.12 | normal |
BSRR has a payout ratio of 38.8% which is higher than its peers average but lower than the Financial Services sector and the industry average. But if we consider the Financial Services sector average of 39.6%, Sierra Bancorp's payout ratio is only 2% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BMRC Bank of Marin Bancorp | 6.48% | $1 | 80.6% |
| PPBI Pacific Premier Bancorp Inc | 5.96% | $1.32 | 425.8% |
| CVBF Cvb Financial Corp | 4.85% | $0.8 | 50.3% |
| BSRR Sierra Bancorp | 4.51% | $0.92 | 38.8% |
| CATY Cathay General Bancorp | 3.89% | $1.36 | 27.9% |
| TCBK Trico Bancshares | 3.59% | $1.23 | 34.8% |
| EWBC East West Bancorp Inc | 2.61% | $1.99 | 24.2% |
| OVLY Oak Valley Bancorp | 1.6% | $0.39 | 10.2% |
Yes, Sierra Bancorp has been paying dividends for the last 25 years.
BSRR has announced its next dividend with ex-date Apr 29, 2024.
Sierra Bancorp's last regular dividend was on Jan 30, 2024 (ex-date) with the amount of $0.23 per share.
BSRR has paid dividend of $0.92 per share in the last year.
Sierra Bancorp's current dividend yield is 4.4%.
Sierra Bancorp has a quarterly dividend frequency.
The dividend payout ratio of Sierra Bancorp is 38.8%.
Sierra Bancorp's dividend yield is more than the Financial Services sector average.