SASR Sandy Spring Bancorp dividend history, payout ratio & dates
Sandy Spring Bancorp's last cash dividend of $0.34 per share was issued to shareholders on record before Nov 14, 2024. The dividend payment stands at $1.36 per share annually, which equates to a dividend yield of 3.59%.
Key dates
- SASR last dividend date: Nov 14, 2024
SASR dividend stats
vs. Financial Services sector
Dividend yield
Sandy Spring Bancorp's dividend yield of 3.59% is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.55%, Sandy Spring Bancorp's dividend yield is 41% higher. Historically SASR's dividend yield has averaged at 4.3% in the last 5 years, which is more than the current one.
Dividend history
Sandy Spring Bancorp has been paying dividends for the last 28 years. According to our records SASR has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However with the stock price up by 71% from a year ago, the dividend yield has decreased by 42%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 14, 2024 | $0.34 | 3.58% |
| Aug 14, 2024 | $0.34 | 4.87% |
| May 7, 2024 | $0.34 | 6.3% |
| Feb 13, 2024 | $0.34 | 6.18% |
| Nov 7, 2023 | $0.34 | 6.22% |
| Aug 8, 2023 | $0.34 | 5.52% |
| May 9, 2023 | $0.34 | 6.65% |
| Feb 7, 2023 | $0.34 | 3.93% |
| Nov 8, 2022 | $0.34 | 3.98% |
| Aug 9, 2022 | $0.34 | 3.37% |
| May 10, 2022 | $0.34 | 3.44% |
| Feb 17, 2022 | $0.34 | 2.79% |
| Nov 9, 2021 | $0.32 | 2.54% |
| Aug 10, 2021 | $0.32 | 2.85% |
| May 11, 2021 | $0.32 | 2.65% |
| Feb 16, 2021 | $0.32 | 3.34% |
| Nov 9, 2020 | $0.3 | 4.11% |
| Aug 11, 2020 | $0.3 | 4.72% |
| May 12, 2020 | $0.3 | 5.76% |
| Feb 11, 2020 | $0.3 | 3.39% |
| Nov 12, 2019 | $0.3 | 3.35% |
| Aug 13, 2019 | $0.3 | 3.38% |
| May 7, 2019 | $0.3 | 3.29% |
| Feb 12, 2019 | $0.28 | 3.35% |
| Nov 13, 2018 | $0.28 | 3.08% |
| Aug 7, 2018 | $0.28 | 2.76% |
| May 8, 2018 | $0.28 | 2.62% |
| Feb 13, 2018 | $0.26 | 2.8% |
| Nov 7, 2017 | $0.26 | 2.64% |
| Aug 7, 2017 | $0.26 | 2.63% |
| May 8, 2017 | $0.26 | 2.36% |
| Feb 7, 2017 | $0.26 | 2.42% |
| Nov 7, 2016 | $0.26 | 3.09% |
| Aug 8, 2016 | $0.24 | 3.19% |
| May 9, 2016 | $0.24 | 3.43% |
| Feb 8, 2016 | $0.24 | 3.6% |
| Nov 6, 2015 | $0.24 | 3.08% |
| Aug 10, 2015 | $0.22 | 3.24% |
| May 11, 2015 | $0.22 | 3.21% |
| Feb 9, 2015 | $0.22 | 3.17% |
Sandy Spring Bancorp dividend payout ratio
Payout ratio
Sandy Spring Bancorp's payout ratio of 71.6% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 44%, Sandy Spring Bancorp's payout ratio is 63% higher.
Total amount of dividends paid per financial year (from cash flow)
SASR dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EGBN Eagle Bancorp Inc | 4.97% | $1.52 | N/A |
| SASR Sandy Spring Bancorp Inc | 3.49% | $1.36 | 71.6% |
| FULT Fulton Financial Corp | 3.07% | $0.68 | 42.5% |
| SHBI Shore Bancshares Inc | 2.86% | $0.48 | 36.4% |
| FNB Fnb Corp | 2.75% | $0.48 | 44% |
| FUNC First United Corp | 2.32% | $0.82 | 33.3% |
Frequently asked questions
Does Sandy Spring Bancorp pay a dividend?
Yes, Sandy Spring Bancorp has been paying dividends for the last 28 years.
When was SASR's last dividend?
Sandy Spring Bancorp's last dividend ex-date was on Nov 14, 2024. The dividend amount was $0.34 per share.
How much dividend does Sandy Spring Bancorp pay (per share)?
SASR's annualized dividend per share is $1.36.
What is Sandy Spring Bancorp's dividend yield?
The current dividend yield of Sandy Spring Bancorp is 3.59%.
How often does Sandy Spring Bancorp pay dividends?
Sandy Spring Bancorp pays dividends quarterly.
What is Sandy Spring Bancorp's dividend payout ratio?
Sandy Spring Bancorp's dividend payout ratio is 71.6%.
Does Sandy Spring Bancorp pay a good dividend?
Sandy Spring Bancorp's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.