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SASR Sandy Spring Bancorp dividend history, payout ratio & dates

Sandy Spring Bancorp's last quarterly cash dividend of $0.34 per share was issued to shareholders on record before May 10, 2022. The dividend payment stands at $1.32 per share annually, which equates to a dividend yield of 3.29%.

Key dates

  • SASR last dividend date: May 10, 2022
  • SASR next dividend date: Not announced
SASR dividend stats
DPS
$1.32
Dividend yield
3.29%
Payout ratio
30.1%
vs. Financial Services sector
Dividend yield
2.72%
Payout ratio
29.1%

Dividend yield

What is Sandy Spring Bancorp current dividend yield

Sandy Spring Bancorp's dividend yield of 3.29% is higher than the Financial Services sector and the industry average but lower than its peers average.

Dividend history

What is SASR dividend payout history and dates

Sandy Spring Bancorp has been paying dividends for the last 26 years. According to our records SASR has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 6% for the last twelve months. And with the stock price down by 13% from a year ago, the dividend yield has grown by 22%.

Recent dividends

Declared on Ex-date Payment date Amount Type
May 10, 2022 May 18, 2022 $0.34 normal
Jan 27, 2022 Feb 17, 2022 Feb 28, 2022 $0.34 normal
Nov 9, 2021 Nov 17, 2021 $0.32 normal
Jul 29, 2021 Aug 10, 2021 Aug 18, 2021 $0.32 normal
May 11, 2021 May 19, 2021 $0.32 normal
Jan 28, 2021 Feb 16, 2021 Feb 24, 2021 $0.32 normal
Oct 29, 2020 Nov 9, 2020 Nov 18, 2020 $0.3 normal
Jul 29, 2020 Aug 11, 2020 Aug 19, 2020 $0.3 normal
Apr 29, 2020 May 12, 2020 May 20, 2020 $0.3 normal
Jan 29, 2020 Feb 11, 2020 Feb 19, 2020 $0.3 normal
Oct 30, 2019 Nov 12, 2019 Nov 20, 2019 $0.3 normal
Jul 31, 2019 Aug 13, 2019 Aug 21, 2019 $0.3 normal
Apr 24, 2019 May 7, 2019 May 15, 2019 $0.3 normal
Jan 30, 2019 Feb 12, 2019 Feb 20, 2019 $0.28 normal
Oct 31, 2018 Nov 13, 2018 Nov 21, 2018 $0.28 normal
Jul 25, 2018 Aug 7, 2018 Aug 15, 2018 $0.28 normal
Apr 25, 2018 May 8, 2018 May 16, 2018 $0.28 normal
Feb 1, 2018 Feb 13, 2018 Feb 21, 2018 $0.26 normal
Oct 25, 2017 Nov 7, 2017 Nov 15, 2017 $0.26 normal
Jul 27, 2017 Aug 7, 2017 Aug 16, 2017 $0.26 normal
Apr 26, 2017 May 8, 2017 May 17, 2017 $0.26 normal
Jan 25, 2017 Feb 7, 2017 Feb 15, 2017 $0.26 normal
Oct 26, 2016 Nov 7, 2016 Nov 16, 2016 $0.26 normal
Jul 27, 2016 Aug 8, 2016 Aug 17, 2016 $0.24 normal

Sandy Spring Bancorp dividend payout ratio

What is Sandy Spring Bancorp dividend payout ratio compared to the sector

Payout ratio

Sandy Spring Bancorp's payout ratio of 30.1% is above the Financial Services sector and the industry average but below its peers average.

Total amount of dividends paid per financial year (from cash flow)

SASR dividend vs peer dividends

How does SASR dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
FNB Fnb Corp 4.3% $0.48 43.6%
FULT Fulton Financial Corp 3.85% $0.57 36.3%
FUNC First United Corp 3.43% $0.6 18.1%
SASR Sandy Spring Bancorp Inc 3.29% $1.32 30.1%
EGBN Eagle Bancorp Inc 3.24% $1.55 27.7%
SHBI Shore Bancshares Inc 2.68% $0.48 43.6%