South Plains Financial's last cash dividend of $0.14 per share was issued to shareholders on record before Jul 29, 2024. The dividend payment stands at $0.54 per share annually, which equates to a dividend yield of 1.64%.
South Plains Financial's dividend yield of 1.64% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.94%, South Plains Financial's dividend yield is 44% lower. The current dividend yield is above the historical average of 1.4% of the last 5 years.
South Plains Financial has been paying dividends for the last five years. According to our records SPFI has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 6% for the last twelve months. However with the stock price up by 22% from a year ago, the dividend yield has decreased by 13%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Jul 29, 2024 | $0.14 | 1.66% |
Apr 26, 2024 | $0.14 | 2.04% |
Jan 26, 2024 | $0.13 | 1.82% |
Oct 27, 2023 | $0.13 | 2% |
Jul 28, 2023 | $0.13 | 1.9% |
Apr 28, 2023 | $0.13 | 2.44% |
Jan 27, 2023 | $0.13 | 1.7% |
Oct 28, 2022 | $0.12 | 1.47% |
Jul 29, 2022 | $0.12 | 1.63% |
Apr 29, 2022 | $0.11 | 1.66% |
Jan 28, 2022 | $0.11 | 1.25% |
Oct 29, 2021 | $0.09 | 1.15% |
Jul 30, 2021 | $0.09 | 1.13% |
Apr 30, 2021 | $0.07 | 0.88% |
Jan 29, 2021 | $0.05 | 0.85% |
Oct 30, 2020 | $0.05 | 0.96% |
Jul 24, 2020 | $0.03 | 0.93% |
Apr 24, 2020 | $0.03 | 1.03% |
Jan 24, 2020 | $0.03 | 0.42% |
Oct 25, 2019 | $0.03 | 0.36% |
Jul 23, 2019 | $0.03 | 0.17% |
South Plains Financial's payout ratio of 19.4% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 42.9%, South Plains Financial's payout ratio is 55% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NKSH National Bankshares Inc | 4.94% | $1.51 | 97.4% |
NRIM Northrim Bancorp Inc | 3.58% | $2.44 | 41.9% |
SPFI South Plains Financial Inc | 1.58% | $0.54 | 19.4% |
Yes, South Plains Financial has paid four dividends in the last twelve months. SPFI has been paying dividends since 2019.
South Plains Financial's last regular dividend was on Jul 29, 2024 (ex-date) with the amount of $0.14 per share.
On an annual basis SPFI pays $0.54 per share.
The current dividend yield of South Plains Financial is 1.64%.
South Plains Financial pays four dividends per year.
The dividend payout ratio of South Plains Financial is 19.4%.
South Plains Financial's dividend yield is below the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.