Sandy Spring Bancorp's last cash dividend of $0.34 per share was issued to shareholders on record before Aug 14, 2024. The dividend payment stands at $1.36 per share annually, which equates to a dividend yield of 4.36%.
Sandy Spring Bancorp's dividend yield of 4.36% is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.94%, Sandy Spring Bancorp's dividend yield is 48% higher. Historically SASR's dividend yield has averaged at 4.3% in the last 5 years, which is in line with the current one.
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 48% from a year ago, the dividend yield has decreased by 32%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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's payout ratio of 68% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 42.9%, Sandy Spring Bancorp's payout ratio is 59% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
EGBN Eagle Bancorp Inc | 7.63% | $1.8 | N/A |
SASR Sandy Spring Bancorp Inc | 4.24% | $1.36 | 68% |
FULT Fulton Financial Corp | 3.81% | $0.68 | 40.2% |
SHBI Shore Bancshares Inc | 3.44% | $0.48 | 69.6% |
FNB Fnb Corp | 3.34% | $0.48 | 40.3% |
FUNC First United Corp | 2.58% | $0.8 | 35.7% |
Yes, Sandy Spring Bancorp has been paying dividends for the last 28 years.
Sandy Spring Bancorp's last dividend ex-date was on Aug 14, 2024. The dividend amount was $0.34 per share.
SASR's annualized dividend per share is $1.36.
The current dividend yield of Sandy Spring Bancorp is 4.36%.
Sandy Spring Bancorp pays dividends quarterly.
Sandy Spring Bancorp's dividend payout ratio is 68%.
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.