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