South Plains Financial's last quarterly cash dividend of $0.11 per share was issued to shareholders on record before Apr 29, 2022. The dividend payment stands at $0.4 per share annually, which equates to a dividend yield of 1.62%.
South Plains Financial's dividend yield of 1.62% is below the Financial Services sector and the industry average.
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 100% for the last twelve months. And with the stock price up by 6% from a year ago, the dividend yield has increased by 89%.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| Apr 21, 2022 | Apr 29, 2022 | May 16, 2022 | $0.11 | normal |
| Jan 20, 2022 | Jan 28, 2022 | Feb 14, 2022 | $0.11 | normal |
| Oct 21, 2021 | Oct 29, 2021 | Nov 16, 2021 | $0.09 | normal |
| Jul 22, 2021 | Jul 30, 2021 | Aug 16, 2021 | $0.09 | normal |
| Apr 22, 2021 | Apr 30, 2021 | May 17, 2021 | $0.07 | normal |
| Jan 21, 2021 | Jan 29, 2021 | Feb 16, 2021 | $0.05 | normal |
| Oct 22, 2020 | Oct 30, 2020 | Nov 16, 2020 | $0.05 | normal |
| Jul 16, 2020 | Jul 24, 2020 | Aug 10, 2020 | $0.03 | normal |
| Apr 15, 2020 | Apr 24, 2020 | May 11, 2020 | $0.03 | normal |
| Jan 16, 2020 | Jan 24, 2020 | Feb 10, 2020 | $0.03 | normal |
| Oct 17, 2019 | Oct 25, 2019 | Nov 12, 2019 | $0.03 | normal |
| Jul 18, 2019 | Jul 23, 2019 | Aug 7, 2019 | $0.03 | normal |
South Plains Financial's payout ratio of 12.3% is below the Financial Services sector and the industry average.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NBTB Nbt Bancorp Inc | 2.99% | $1.12 | 31.5% |
| NBHC National Bank Holdings Corp | 2.33% | $0.9 | 32.4% |
| SPFI South Plains Financial Inc | 1.62% | $0.4 | 12.3% |