SBSI Southside Bancshares dividend history, payout ratio & dates
Southside Bancshares's latest cash dividend of $0.36 per share was issued to shareholders on record before Aug 22, 2024. At an annualized rate of $1.43 per share, the stock yields 4.37%.
Key dates
- SBSI last dividend date: Aug 22, 2024
SBSI dividend stats
vs. Financial Services sector
Dividend yield
Southside Bancshares's dividend yield of 4.37% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.78%, Southside Bancshares's dividend yield is 57% higher. The current dividend yield is above the historical average of 4.0% of the last 5 years.
Dividend history
Southside Bancshares has been paying dividends for the last 26 years. Our records show that SBSI has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 2.9% since twelve months ago. However with the price of the stock up by 20% from a year ago, the dividend yield has a decrease of 14%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 22, 2024 | $0.36 | 4.43% |
| May 22, 2024 | $0.36 | 5.21% |
| Feb 14, 2024 | $0.36 | 4.81% |
| Nov 21, 2023 | $0.35 | 4.98% |
| Aug 16, 2023 | $0.35 | 4.49% |
| May 22, 2023 | $0.35 | 4.91% |
| Feb 15, 2023 | $0.35 | 3.52% |
| Nov 22, 2022 | $0.34 | 3.79% |
| Aug 17, 2022 | $0.34 | 3.28% |
| May 18, 2022 | $0.34 | 3.45% |
| Feb 16, 2022 | $0.34 | 3.11% |
| Nov 23, 2021 | $0.33 | 2.95% |
| Aug 18, 2021 | $0.33 | 3.53% |
| May 19, 2021 | $0.33 | 3.04% |
| Feb 17, 2021 | $0.32 | 3.71% |
| Nov 24, 2020 | $0.32 | 3.96% |
| Aug 19, 2020 | $0.31 | 4.4% |
| May 20, 2020 | $0.31 | 4.56% |
| Feb 19, 2020 | $0.31 | 3.46% |
| Nov 26, 2019 | $0.31 | 3.51% |
| Aug 21, 2019 | $0.31 | 3.67% |
| May 22, 2019 | $0.31 | 3.55% |
| Feb 20, 2019 | $0.3 | 3.42% |
| Nov 20, 2018 | $0.3 | 3.66% |
| Aug 22, 2018 | $0.3 | 2.48% |
| May 23, 2018 | $0.3 | 2.57% |
| Feb 21, 2018 | $0.28 | 2.47% |
| Nov 15, 2017 | $0.02 | 2.39% |
| Aug 15, 2017 | $0.28 | 2.55% |
| May 16, 2017 | $0.273 | 2.37% |
| Feb 21, 2017 | $0.244 | 2.16% |
| Nov 15, 2016 | $0.049 | 1.99% |
| Aug 16, 2016 | $0.234 | 2.48% |
| May 17, 2016 | $0.223 | 2.69% |
| Feb 23, 2016 | $0.214 | 3.34% |
| Nov 17, 2015 | $0.074 | 2.77% |
| Aug 18, 2015 | $0.214 | 2.86% |
| May 19, 2015 | $0.214 | 2.72% |
| Feb 24, 2015 | $0.204 | 2.55% |
Southside Bancshares dividend payout ratio
Payout ratio
Southside Bancshares's payout ratio of 53.2% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 43.2%, Southside Bancshares's payout ratio is 23% higher.
Total amount of dividends paid per financial year (from cash flow)
SBSI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBSI Southside Bancshares Inc | 4.32% | $1.43 | 51.6% |
| PB Prosperity Bancshares Inc | 3.01% | $2.24 | 49.1% |
| IBTX Independent Bank Group Inc | 2.53% | $1.52 | N/A |
| CFR Cullen/Frost Bankers Inc | 2.12% | $2.79 | 34% |
| IBOC International Bancshares Corp | 2.08% | $1.32 | 20.3% |
| BOKF Bok Financial Corp | 2.04% | $2.2 | 30.8% |
| FFIN First Financial Bankshares Inc | 1.96% | $0.72 | 51.1% |
| APOG Apogee Enterprises Inc | 1.31% | $1 | 20.9% |
Frequently asked questions
Does Southside Bancshares pay a dividend?
Yes, Southside Bancshares has paid four dividends in the last twelve months. SBSI has been paying dividends since 1998.
When was SBSI's last dividend?
Southside Bancshares's last dividend ex-date was on Aug 22, 2024. The dividend amount was $0.36 per share.
How much dividend does Southside Bancshares pay (per share)?
SBSI has paid dividend of $1.43 per share in the last year.
What is Southside Bancshares's dividend yield?
Currently Southside Bancshares's dividend yield is 4.37%.
How often does Southside Bancshares pay dividends?
Southside Bancshares pays four dividends per year.
What is Southside Bancshares's dividend payout ratio?
The dividend payout ratio of Southside Bancshares is 53.2%.
Does Southside Bancshares pay a good dividend?
Southside Bancshares's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.