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SSB SOUTH STATE dividend history, payout ratio & dates

SOUTH STATE's latest quarterly cash dividend of $0.49 per share was issued to shareholders on record before May 12, 2022. The dividend distribution stands at $1.96 per share annually, which comes to a dividend yield of 2.62%.

Key dates

  • SSB last dividend date: May 12, 2022
  • SSB next dividend date: Not announced
SSB dividend stats
DPS
$1.96
Dividend yield
2.66%
Payout ratio
32.2%
vs. Financial Services sector
Dividend yield
2.84%
Payout ratio
33.5%

Dividend yield

What is SOUTH STATE current dividend yield

SSB has a dividend yield of 2.62% which is below the Financial Services sector, the industry and its peers average.

Dividend history

What is SSB dividend payout history and dates

SOUTH STATE has been paying dividends for the last 25 years. Our records show that SSB has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 4.3% since twelve months ago. And with the price of the stock down by 15% from a year ago, the dividend yield has increased by 24%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Apr 28, 2022 May 12, 2022 May 20, 2022 $0.49 normal
Jan 24, 2022 Feb 10, 2022 Feb 18, 2022 $0.49 normal
Oct 27, 2021 Nov 10, 2021 Nov 19, 2021 $0.49 normal
Aug 11, 2021 Aug 19, 2021 $0.49 normal
Apr 28, 2021 May 13, 2021 May 21, 2021 $0.47 normal
Jan 27, 2021 Feb 11, 2021 Feb 19, 2021 $0.47 normal
Oct 29, 2020 Nov 12, 2020 Nov 20, 2020 $0.47 normal
Jul 30, 2020 Aug 13, 2020 Aug 21, 2020 $0.47 normal
Apr 22, 2020 May 7, 2020 May 15, 2020 $0.47 normal
Jan 22, 2020 Feb 6, 2020 Feb 14, 2020 $0.47 normal
Oct 24, 2019 Nov 7, 2019 Nov 15, 2019 $0.46 normal
Jul 25, 2019 Aug 8, 2019 Aug 16, 2019 $0.43 normal
Apr 25, 2019 May 9, 2019 May 17, 2019 $0.4 normal
Jan 25, 2019 Feb 14, 2019 Feb 22, 2019 $0.38 normal
Oct 18, 2018 Nov 8, 2018 Nov 16, 2018 $0.36 normal
Jul 26, 2018 Aug 16, 2018 Aug 24, 2018 $0.35 normal
Apr 19, 2018 May 10, 2018 May 18, 2018 $0.34 normal
Jan 18, 2018 Feb 8, 2018 Feb 16, 2018 $0.33 normal
Oct 18, 2017 Nov 9, 2017 Nov 17, 2017 $0.33 normal
Jul 20, 2017 Aug 9, 2017 Aug 18, 2017 $0.33 normal
Apr 20, 2017 May 10, 2017 May 19, 2017 $0.33 normal
Jan 26, 2017 Feb 15, 2017 Feb 24, 2017 $0.33 normal
Oct 21, 2016 Nov 8, 2016 Nov 18, 2016 $0.32 normal
Jul 21, 2016 Aug 10, 2016 Aug 19, 2016 $0.31 normal
Apr 21, 2016 May 11, 2016 May 20, 2016 $0.3 normal

Dividend payout ratio

What is SOUTH STATE dividend payout ratio compared to the sector

Payout ratio

SSB has a payout ratio of 32.2% which is higher than the industry average but lower than the Financial Services sector and its peers average.

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