Stellar Bancorp's last quarterly dividend of $0.13 per share was on Jun 14, 2024 (ex-date). The annualized dividend payment of $0.52 per share represents a current dividend yield of 1.89%.
STEL has a dividend yield of 1.89% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.85%, Stellar Bancorp's dividend yield is 34% lower. Historically STEL's dividend yield has averaged at 1.9% in the last 5 years, which is in line with the current one.
Stellar Bancorp has a history of paying dividends since 2017. Our records of STEL show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But with the stock price up by 8% from a year ago, the dividend yield has decreased by 8%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Jun 14, 2024 | Jun 28, 2024 | May 23, 2024 | $0.13 | normal |
Mar 15, 2024 | Mar 29, 2024 | Feb 22, 2024 | $0.13 | normal |
Dec 14, 2023 | Dec 29, 2023 | Nov 15, 2023 | $0.13 | normal |
Sep 14, 2023 | Sep 29, 2023 | Aug 17, 2023 | $0.13 | normal |
Jun 14, 2023 | Jun 30, 2023 | May 25, 2023 | $0.13 | normal |
Mar 14, 2023 | Mar 31, 2023 | Feb 22, 2023 | $0.13 | normal |
Dec 14, 2022 | Dec 30, 2022 | Nov 18, 2022 | $0.13 | normal |
Sep 28, 2022 | Oct 14, 2022 | Sep 21, 2022 | $0.13 | normal |
Jun 28, 2022 | Jul 15, 2022 | Jun 16, 2022 | $0.13 | normal |
Mar 31, 2022 | Apr 15, 2022 | Mar 17, 2022 | $0.13 | normal |
Dec 31, 2021 | Jan 14, 2022 | Dec 16, 2021 | $0.13 | normal |
Sep 30, 2021 | Oct 15, 2021 | Sep 16, 2021 | $0.13 | normal |
Jun 30, 2021 | Jul 15, 2021 | Jun 17, 2021 | $0.13 | normal |
Mar 31, 2021 | Apr 15, 2021 | Mar 17, 2021 | $0.13 | normal |
Dec 31, 2020 | Jan 15, 2021 | Dec 17, 2020 | $0.1 | normal |
Sep 30, 2020 | Oct 15, 2020 | Sep 16, 2020 | $0.1 | normal |
Jun 30, 2020 | Jul 15, 2020 | Jun 17, 2020 | $0.1 | normal |
Mar 31, 2020 | Apr 15, 2020 | Mar 18, 2020 | $0.1 | normal |
Dec 31, 2019 | Jan 15, 2020 | Dec 18, 2019 | $0.1 | normal |
Sep 30, 2019 | Oct 15, 2019 | Sep 18, 2019 | $0.1 | normal |
Jun 28, 2019 | Jul 15, 2019 | Jun 19, 2019 | $0.1 | normal |
Mar 29, 2019 | Apr 15, 2019 | Mar 20, 2019 | $0.1 | normal |
Dec 31, 2018 | Jan 15, 2019 | Dec 19, 2018 | $0.05 | normal |
Sep 28, 2018 | Oct 15, 2018 | Sep 19, 2018 | $0.05 | normal |
Jun 29, 2018 | Jul 16, 2018 | Jun 20, 2018 | $0.05 | normal |
Mar 29, 2018 | Apr 16, 2018 | Mar 21, 2018 | $0.05 | normal |
Dec 29, 2017 | Jan 15, 2018 | Dec 20, 2017 | $0.05 | normal |
STEL has a payout ratio of 23.2% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 41.2%, Stellar Bancorp's payout ratio is 44% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NKSH National Bankshares Inc | 4.75% | $1.51 | 66.8% |
NRIM Northrim Bancorp Inc | 3.39% | $2.42 | 46.8% |
STEL Stellar Bancorp Inc | 1.86% | $0.52 | 23.2% |
NIC Nicolet Bankshares Inc. | 0.99% | $1.03 | 15.5% |
Yes, Stellar Bancorp has paid four dividends in the last twelve months. STEL has been paying dividends since 2017.
STEL 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 September 2024.
Stellar Bancorp's last regular dividend was on Jun 14, 2024 (ex-date) with the amount of $0.13 per share.
STEL has paid dividend of $0.52 per share in the last year.
Stellar Bancorp's current dividend yield is 1.89%.
Stellar Bancorp pays dividends quarterly.
Stellar Bancorp's dividend payout ratio is 23.2%.
Stellar Bancorp's dividend yield is lower than the Financial Services sector average.