Back to SPFI overview

SPFI South Plains Financial dividend history, payout ratio & dates

South Plains Financial's last quarterly cash dividend of $0.12 per share was issued to shareholders on record before Oct 28, 2022. The dividend payment stands at $0.46 per share annually, which equates to a dividend yield of 1.51%.

Key dates

  • SPFI last dividend date: Oct 28, 2022
  • SPFI next dividend date: Not announced
SPFI dividend stats
DPS
$0.46
Dividend yield
1.51%
Payout ratio
13.4%
vs. Financial Services sector
Dividend yield
2.73%
Payout ratio
30.7%

Dividend yield

What is South Plains Financial current dividend yield

South Plains Financial's dividend yield of 1.51% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.73%, South Plains Financial's dividend yield is 45% lower.

Dividend history

What is SPFI dividend payout history and dates

South Plains Financial has been paying dividends for the last three years. According to our records SPFI has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 53% for the last twelve months. And with the stock price up by 15% from a year ago, the dividend yield has increased by 33%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Oct 28, 2022 Nov 15, 2022 Oct 20, 2022 $0.12 normal
Jul 29, 2022 Aug 15, 2022 Jul 21, 2022 $0.12 normal
Apr 29, 2022 May 16, 2022 Apr 21, 2022 $0.11 normal
Jan 28, 2022 Feb 14, 2022 Jan 20, 2022 $0.11 normal
Oct 29, 2021 Nov 16, 2021 Oct 21, 2021 $0.09 normal
Jul 30, 2021 Aug 16, 2021 Jul 22, 2021 $0.09 normal
Apr 30, 2021 May 17, 2021 Apr 22, 2021 $0.07 normal
Jan 29, 2021 Feb 16, 2021 Jan 21, 2021 $0.05 normal
Oct 30, 2020 Nov 16, 2020 Oct 22, 2020 $0.05 normal
Jul 24, 2020 Aug 10, 2020 Jul 16, 2020 $0.03 normal
Apr 24, 2020 May 11, 2020 Apr 15, 2020 $0.03 normal
Jan 24, 2020 Feb 10, 2020 Jan 16, 2020 $0.03 normal
Oct 25, 2019 Nov 12, 2019 Oct 17, 2019 $0.03 normal
Jul 23, 2019 Aug 7, 2019 Jul 18, 2019 $0.03 normal

South Plains Financial dividend payout ratio

What is South Plains Financial dividend payout ratio compared to the sector

Payout ratio

South Plains Financial's payout ratio of 13.4% is below the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 30.7%, South Plains Financial's payout ratio is 56% lower.

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

SPFI dividend vs peer dividends

How does SPFI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NBTB Nbt Bancorp Inc 2.73% $1.16 32.6%
NBHC National Bank Holdings Corp 2.13% $0.94 37%
SPFI South Plains Financial Inc 1.51% $0.46 13.4%

Frequently asked questions

Does South Plains Financial pay a dividend?

Yes, South Plains Financial has paid four dividends in the last twelve months. SPFI has been paying dividends since 2019.

When is South Plains Financial's next dividend?

SPFI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in January 2023.

When was SPFI's last dividend?

South Plains Financial's last regular dividend was on Oct 28, 2022 (ex-date) with the amount of $0.12 per share.

How much dividend does South Plains Financial pay (per share)?

On an annual basis SPFI pays $0.46 per share.

What is South Plains Financial's dividend yield?

The current dividend yield of South Plains Financial is 1.51%.

How often does South Plains Financial pay dividends?

South Plains Financial pays four dividends per year.

What is South Plains Financial's dividend payout ratio?

The dividend payout ratio of South Plains Financial is 13.4%.

Does South Plains Financial pay a good dividend?

South Plains Financial's dividend yield is below the Financial Services sector average.