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SBSI Southside Bancshares dividend history, payout ratio & dates

  1. Stocks
  2. Financial Services
  3. NASDAQ: SBSI
  4. Dividend

Southside Bancshares's latest quarterly cash dividend of $0.34 per share was issued to shareholders on record before Nov 22, 2022. At an annualized rate of $1.36 per share, the stock yields 3.78%.

Key dates

  • SBSI last dividend date: Nov 22, 2022
  • SBSI next dividend date: Not announced
Peer dividends: CFR PB FFIN IBOC APOG IBTX BOKF
SBSI dividend stats
DPS
$1.36
Dividend yield
3.78%
Payout ratio
41.5%
vs. Financial Services sector
Dividend yield
2.68%
Payout ratio
30.6%

Dividend yield

What is Southside Bancshares current dividend yield

Southside Bancshares's dividend yield of 3.78% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.68%, Southside Bancshares's dividend yield is 41% higher. The current dividend yield is above the historical average of 3.5% of the last 5 years.

Dividend history

What is SBSI dividend payout history and dates

Southside Bancshares has been paying dividends for the last 24 years. Our records show that SBSI has distributed five dividends in the past year. This includes four regular and one special dividends. The annualized dividend per share has an increase of 3.8% since twelve months ago. And with the price of the stock down by 13% from a year ago, the dividend yield has an increase of 20%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 22, 2022 Dec 8, 2022 Nov 3, 2022 $0.04 special
Nov 22, 2022 Dec 8, 2022 Nov 3, 2022 $0.34 normal
Aug 17, 2022 Sep 1, 2022 Aug 4, 2022 $0.34 normal
May 18, 2022 Jun 2, 2022 May 5, 2022 $0.34 normal
Feb 16, 2022 Mar 3, 2022 Feb 3, 2022 $0.34 normal
Nov 23, 2021 Dec 9, 2021 Nov 4, 2021 $0.33 normal
Nov 23, 2021 Dec 9, 2021 Nov 4, 2021 $0.06 special
Aug 18, 2021 Sep 2, 2021 Aug 5, 2021 $0.33 normal
May 19, 2021 Jun 3, 2021 May 6, 2021 $0.33 normal
Feb 17, 2021 Mar 4, 2021 Feb 4, 2021 $0.32 normal
Nov 24, 2020 Dec 10, 2020 Nov 10, 2020 $0.05 special
Nov 24, 2020 Dec 10, 2020 Nov 10, 2020 $0.32 normal
Aug 19, 2020 Sep 3, 2020 Aug 6, 2020 $0.31 normal
May 20, 2020 Jun 4, 2020 May 7, 2020 $0.31 normal
Feb 19, 2020 Mar 5, 2020 Feb 6, 2020 $0.31 normal
Nov 26, 2019 Dec 12, 2019 Nov 7, 2019 $0.31 normal
Nov 26, 2019 Dec 12, 2019 Nov 7, 2019 $0.03 special
Aug 21, 2019 Sep 5, 2019 Aug 8, 2019 $0.31 normal
May 22, 2019 Jun 6, 2019 May 9, 2019 $0.31 normal
Feb 20, 2019 Mar 7, 2019 Feb 7, 2019 $0.3 normal
Nov 20, 2018 Dec 6, 2018 Nov 8, 2018 $0.02 special
Nov 20, 2018 Dec 6, 2018 Nov 8, 2018 $0.3 normal
Aug 22, 2018 Sep 6, 2018 Aug 9, 2018 $0.3 normal
May 23, 2018 Jun 7, 2018 Apr 26, 2018 $0.3 normal
Feb 21, 2018 Mar 8, 2018 Feb 1, 2018 $0.28 normal
Nov 15, 2017 Nov 30, 2017 Nov 2, 2017 $0.28 normal
Nov 15, 2017 Nov 30, 2017 Nov 2, 2017 $0.02 normal
Aug 15, 2017 Aug 31, 2017 Aug 3, 2017 $0.28 normal
May 16, 2017 Jun 1, 2017 May 4, 2017 $0.273 normal
Feb 21, 2017 Mar 9, 2017 Feb 13, 2017 $0.244 normal
Nov 15, 2016 Dec 1, 2016 Nov 3, 2016 $0.049 special
Nov 15, 2016 Dec 1, 2016 Nov 3, 2016 $0.244 normal
Aug 16, 2016 Sep 1, 2016 Aug 4, 2016 $0.234 normal

Southside Bancshares dividend payout ratio

What is Southside Bancshares dividend payout ratio compared to the sector

Payout ratio

Southside Bancshares's payout ratio of 41.5% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 30.6%, Southside Bancshares's payout ratio is 36% higher.

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

SBSI dividend vs peer dividends

How does SBSI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SBSI Southside Bancshares Inc 3.78% $1.36 41.5%
PB Prosperity Bancshares Inc 2.8% $2.08 37.2%
IBTX Independent Bank Group Inc 2.34% $1.52 30.5%
IBOC International Bancshares Corp 2.31% $1.2 30.1%
CFR Cullen/Frost Bankers Inc 2.13% $3.12 41.8%
BOKF Bok Financial Corp 2.08% $2.13 30.8%
APOG Apogee Enterprises Inc 1.82% $0.88 35.1%
FFIN First Financial Bankshares Inc 1.77% $0.64 39.5%

Frequently asked questions

Does Southside Bancshares pay a dividend?

Yes, Southside Bancshares has paid five dividends in the last twelve months. SBSI has been paying dividends since 1998.

When is Southside Bancshares's next dividend?

At this point we don't have a record of SBSI's next dividend date, but based on the current dividend schedule we project that it will likely be in February 2023.

When was SBSI's last dividend?

Southside Bancshares's last dividend ex-date was on Nov 22, 2022. The dividend amount was $0.34 per share.

How much dividend does Southside Bancshares pay (per share)?

SBSI has paid dividend of $1.36 per share in the last year.

What is Southside Bancshares's dividend yield?

Currently Southside Bancshares's dividend yield is 3.78%.

How often does Southside Bancshares pay dividends?

Southside Bancshares pays four dividends per year (excluding specials).

What is Southside Bancshares's dividend payout ratio?

The dividend payout ratio of Southside Bancshares is 41.5%.

Does Southside Bancshares pay a good dividend?

Southside Bancshares's dividend yield is above the Financial Services sector average.