Back to STEL overview

STEL Stellar Bancorp dividend history, payout ratio & dates

Stellar Bancorp's last quarterly dividend of $0.13 per share was on Dec 14, 2023 (ex-date). The annualized dividend payment of $0.52 per share represents a current dividend yield of 2.24%.

Key dates

  • STEL last dividend date: Dec 14, 2023
  • STEL next dividend date: Mar 15, 2024
STEL dividend stats
DPS
$0.52
Dividend yield
2.2%
Payout ratio
26.1%
vs. Financial Services sector
Dividend yield
3.37%
Payout ratio
37.2%

Dividend yield

What is Stellar Bancorp current dividend yield

STEL has a dividend yield of 2.24% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.37%, Stellar Bancorp's dividend yield is 34% lower. Historically STEL's dividend yield has averaged at 1.7% in the last 5 years, which is lower than the current one.

Dividend history

What is STEL dividend payout history and dates

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 down by 21% from a year ago, the dividend yield has increased by 27%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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

Stellar Bancorp dividend payout ratio

What is Stellar Bancorp dividend payout ratio compared to the sector

Payout ratio

STEL has a payout ratio of 26.1% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 37.2%, Stellar Bancorp's payout ratio is 30% lower.

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

STEL dividend vs peer dividends

How does STEL dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NRIM Northrim Bancorp Inc 4.92% $2.4 49.5%
NKSH National Bankshares Inc 4.83% $1.51 43%
STEL Stellar Bancorp Inc 2.2% $0.52 26.1%

Frequently asked questions

Does Stellar Bancorp pay a dividend?

Yes, Stellar Bancorp has paid four dividends in the last twelve months. STEL has been paying dividends since 2017.

When is Stellar Bancorp's next dividend?

STEL has announced its next dividend with ex-date Mar 15, 2024.

When was STEL's last dividend?

Stellar Bancorp's last regular dividend was on Dec 14, 2023 (ex-date) with the amount of $0.13 per share.

How much dividend does Stellar Bancorp pay (per share)?

STEL has paid dividend of $0.52 per share in the last year.

What is Stellar Bancorp's dividend yield?

Stellar Bancorp's current dividend yield is 2.24%.

How often does Stellar Bancorp pay dividends?

Stellar Bancorp pays dividends quarterly.

What is Stellar Bancorp's dividend payout ratio?

Stellar Bancorp's dividend payout ratio is 26.1%.

Does Stellar Bancorp pay a good dividend?

Stellar Bancorp's dividend yield is lower than the Financial Services sector average.