Southside Bancshares's latest quarterly cash dividend of $0.34 per share was issued to shareholders on record before May 18, 2022. At an annualized rate of $1.34 per share, the stock yields 3.53%.
Southside Bancshares's dividend yield of 3.53% is above the Financial Services sector, the industry and its peers average.
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 4.7% since twelve months ago. And with the price of the stock down by 1.5% from a year ago, the dividend yield has an increase of 6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 | $0.03 | special |
| Nov 26, 2019 | Dec 12, 2019 | Nov 7, 2019 | $0.31 | normal |
| 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's payout ratio of 41.9% is above the Financial Services sector, the industry and its peers average.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBSI Southside Bancshares Inc | 3.53% | $1.34 | 41.9% |
| IBOC International Bancshares Corp | 2.95% | $1.2 | 29.7% |
| PB Prosperity Bancshares Inc | 2.94% | $2.05 | 37.3% |
| BOKF Bok Financial Corp | 2.75% | $2.11 | 27.2% |
| CFR Cullen/Frost Bankers Inc | 2.54% | $3 | 46% |
| IBTX Independent Bank Group Inc | 2.13% | $1.46 | 29% |
| APOG Apogee Enterprises Inc | 2.12% | $0.84 | 116.7% |
| FFIN First Financial Bankshares Inc | 1.55% | $0.62 | 39% |