STEL Stellar Bancorp dividend history, payout ratio & dates
Stellar Bancorp's last dividend of $0.13 per share was on Sep 13, 2024 (ex-date). The annualized dividend payment of $0.52 per share represents a current dividend yield of 1.98%.
Key dates
- STEL last dividend date: Sep 13, 2024
STEL dividend stats
vs. Financial Services sector
Dividend yield
STEL has a dividend yield of 1.98% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.82%, Stellar Bancorp's dividend yield is 30% lower. Historically STEL's dividend yield has averaged at 1.9% in the last 5 years, which is in line with the current one.
Dividend history
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 21% from a year ago, the dividend yield has decreased by 18%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 13, 2024 | $0.13 | 1.94% |
| Jun 14, 2024 | $0.13 | 2.42% |
| Mar 15, 2024 | $0.13 | 2.21% |
| Dec 14, 2023 | $0.13 | 1.85% |
| Sep 14, 2023 | $0.13 | 2.36% |
| Jun 14, 2023 | $0.13 | 2.08% |
| Mar 14, 2023 | $0.13 | 2% |
| Dec 14, 2022 | $0.13 | 1.81% |
| Sep 28, 2022 | $0.13 | 1.68% |
| Jun 28, 2022 | $0.13 | 1.95% |
| Mar 31, 2022 | $0.13 | 1.68% |
| Dec 31, 2021 | $0.13 | 1.79% |
| Sep 30, 2021 | $0.13 | 1.86% |
| Jun 30, 2021 | $0.13 | 1.68% |
| Mar 31, 2021 | $0.13 | 1.4% |
| Dec 31, 2020 | $0.1 | 1.57% |
| Sep 30, 2020 | $0.1 | 2.45% |
| Jun 30, 2020 | $0.1 | 1.9% |
| Mar 31, 2020 | $0.1 | 2.25% |
| Dec 31, 2019 | $0.1 | 1.29% |
| Sep 30, 2019 | $0.1 | 1.26% |
| Jun 28, 2019 | $0.1 | 1.07% |
| Mar 29, 2019 | $0.1 | 0.77% |
| Dec 31, 2018 | $0.05 | 0.68% |
| Sep 28, 2018 | $0.05 | 0.56% |
| Jun 29, 2018 | $0.05 | 0.45% |
| Mar 29, 2018 | $0.05 | 0.34% |
| Dec 29, 2017 | $0.05 | 0.17% |
Stellar Bancorp dividend payout ratio
Payout ratio
STEL has a payout ratio of 24.3% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 43.4%, Stellar Bancorp's payout ratio is 44% lower.
Total amount of dividends paid per financial year (from cash flow)
STEL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 5.05% | $1.51 | 97.4% |
| NRIM Northrim Bancorp Inc | 3.55% | $2.44 | 41.9% |
| STEL Stellar Bancorp Inc | 1.99% | $0.52 | 24.3% |
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 was STEL's last dividend?
Stellar Bancorp's last regular dividend was on Sep 13, 2024 (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 1.98%.
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 24.3%.
Does Stellar Bancorp pay a good dividend?
Stellar Bancorp's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.