Summit State Bank Dividends | Yield & Payout

For Summit State Bank (SSBI), the latest fiscal-year data shows a dividend yield of 3.69% and a payout ratio of -45.19%. Together, these metrics help you judge how much earnings are returned as dividends and whether the payout looks supported. Review the FY summary and payout history tables below to see the trend over time.

Dividend Performance Chart

Dividend Summary (FY)

19 years
Metric (FY)2024202320222021202020192018201720162015201420132012201120102009200820072006
Dividends per share (FY)$0.28$0.48$0.48$0.48$0.48$0.48$0.48$0.48$0.48$0.48$0.44$0.42$0.36$0.36$0.36$0.36$0.36$0.36$0.18
Dividend yield (FY) %3.69%3.95%3.05%2.89%3.56%3.70%4.08%3.56%3.20%3.62%3.38%4.51%6.95%9.31%6.44%8.06%7.81%4.49%2.85%
Payout ratio (FY) %-45.19%30.04%19.01%20.34%27.70%44.97%49.97%83.57%46.43%39.57%40.86%52.19%64.62%103.01%118.04%100.77%169.28%89.75%52.21%

Dividend Payout History

73 payments
Pay DateEx-DateRecord DateAmount
2024-10-10October 03, 242024-10-03$0.04
2024-05-23May 15, 242024-05-16$0.12
2024-02-15February 07, 242024-02-08$0.12
2023-11-16November 08, 232023-11-09$0.12
2023-08-17August 09, 232023-08-10$0.12
2023-05-18May 10, 232023-05-11$0.12
2023-02-16February 08, 232023-02-09$0.12
2022-11-17November 09, 222022-11-10$0.12
2022-08-18August 10, 222022-08-11$0.12
2022-05-19May 11, 222022-05-12$0.12
2022-02-17February 09, 222022-02-10$0.12
2021-11-18November 09, 212021-11-11$0.12
2021-08-20August 12, 212021-08-13$0.12
2021-05-21May 13, 212021-05-14$0.12
2021-02-19February 11, 212021-02-12$0.12
2020-11-20November 12, 202020-11-13$0.12
2020-08-21August 13, 202020-08-14$0.12
2020-05-22May 14, 202020-05-15$0.12
2020-02-21February 13, 202020-02-14$0.12
2019-11-22November 14, 192019-11-15$0.12
2019-08-23August 15, 192019-08-16$0.12
2019-05-24May 16, 192019-05-17$0.12
2019-02-26February 15, 192019-02-19$0.12
2018-11-27November 19, 182018-11-20$0.12
2018-08-24August 16, 182018-08-17$0.12
2018-05-24May 17, 182018-05-18$0.12
2018-02-23February 15, 182018-02-16$0.12
2017-11-22November 14, 172017-11-15$0.12
2017-08-25August 15, 172017-08-17$0.12
2017-05-24May 16, 172017-05-18$0.12
2017-02-24February 15, 172017-02-17$0.12
2016-11-23November 14, 162016-11-16$0.12
2016-08-26August 16, 162016-08-18$0.12
2016-05-24May 16, 162016-05-18$0.12
2016-02-24February 16, 162016-02-18$0.12
2015-11-25November 13, 152015-11-17$0.12
2015-08-25August 13, 152015-08-17$0.12
2015-05-26May 14, 152015-05-18$0.12
2015-02-24February 13, 152015-02-18$0.12
2014-11-25November 13, 142014-11-17$0.11
2014-08-25August 13, 142014-08-15$0.11
2014-05-23May 13, 142014-05-15$0.11
2014-02-24February 13, 142014-02-18$0.11
2013-11-25November 13, 132013-11-15$0.11
2013-08-23August 13, 132013-08-15$0.11
2013-05-23May 13, 132013-05-15$0.11
2013-02-23February 13, 132013-02-15$0.09
2012-11-23November 13, 122012-11-15$0.09
2012-08-23August 13, 122012-08-15$0.09
2012-05-23May 11, 122012-05-15$0.09
2012-02-23February 13, 122012-02-15$0.09
2011-11-23November 10, 112011-11-15$0.09
2011-08-23August 09, 112011-08-11$0.09
2011-05-23May 09, 112011-05-11$0.09
2011-02-24February 11, 112011-02-15$0.09
2010-11-23November 08, 102010-11-11$0.09
2010-08-23August 09, 102010-08-11$0.09
2010-05-21May 07, 102010-05-11$0.09
2010-02-22February 09, 102010-02-11$0.09
2009-11-20November 06, 092009-11-11$0.09
2009-08-21August 07, 092009-08-11$0.09
2009-05-21May 08, 092009-05-11$0.09
2009-02-23February 10, 092009-02-12$0.09
2008-11-21November 07, 082008-11-12$0.09
2008-08-21August 08, 082008-08-12$0.09
2008-05-21May 08, 082008-05-12$0.09
2008-02-21February 07, 082008-02-11$0.09
2007-11-21November 08, 072007-11-13$0.09
2007-08-21August 21, 072007-08-10$0.09
2007-05-21May 08, 072007-05-10$0.09
2007-02-21February 07, 072007-02-09$0.09
2006-11-21November 08, 062006-11-10$0.09
2006-08-21August 08, 062006-08-10$0.09

Frequently Asked Questions

What is Summit State Bank's current dividend yield and payout ratio?

The dividend yield shows how much Summit State Bank returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has Summit State Bank's dividend changed over the last 5 years?

By reviewing the historical dividend payouts for Summit State Bank, investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is Summit State Bank a high-yield stock compared to its industry peers?

Comparing Summit State Bank's dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can Summit State Bank maintain its dividend during market downturns?

Analyzing Summit State Bank's liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider Summit State Bank dividends as part of my long-term investment strategy?

Investors often include Summit State Bank dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.