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SPFI South Plains Financial Inc Dividend

South Plains Financial's last quarterly cash dividend of $0.09 per share was issued to shareholders on record before Oct 29, 2021. The dividend payment stands at $0.3 per share annually, which equates to a dividend yield of 1.03%.

SPFI next dividend date: Not announced

SPFI
DPS
$0.3
Dividend yield
1.03%
Payout ratio
9%
Financial Services sector
Dividend yield
2.37%
Payout ratio
32.3%

Dividend yield

South Plains Financial's dividend yield of 1.03% is below the Financial Services sector and the industry average.

Dividend history

South Plains Financial has been paying dividends for the last two years. According to our records SPFI has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 114% for the last twelve months. And with the stock price up by 47% from a year ago, the dividend yield has increased by 45%.

Recent dividends

Declared on Ex-date Payment date Amount Type
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

Dividend payouts

Payout ratio

South Plains Financial's payout ratio of 9% is below the Financial Services sector and the industry average.

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