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Sandy Spring Bancorp (Sandy Spring Bancorp) Forward Dividend Yield %

: 6.56% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Sandy Spring Bancorp is 6.56%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Sandy Spring Bancorp is 6.56%.

SASR's Forward Dividend Yield % is ranked better than
81.39% of 1166 companies
in the Banks industry
Industry Median: 4.19 vs SASR: 6.56

Sandy Spring Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.34.

During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sandy Spring Bancorp was 152.00% per year. The lowest was -64.80% per year. And the median was 7.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Sandy Spring Bancorp's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sandy Spring Bancorp Forward Dividend Yield % Distribution

For the Banks industry and Financial Services sector, Sandy Spring Bancorp's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sandy Spring Bancorp's Forward Dividend Yield % falls into.



Sandy Spring Bancorp Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Sandy Spring Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3402024-02-132024-02-142024-02-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-11-072023-11-082023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-08-082023-08-092023-08-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.3402023-05-092023-05-102023-05-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Sandy Spring Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.36/20.76
=6.55 %

Current Share Price is $20.76.
Sandy Spring Bancorp's Dividends per Share for the forward twelve months is calculated as $0.34 * 4 = $1.36.

Sandy Spring Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.36/20.76
=6.55 %

Current Share Price is $20.76.
Sandy Spring Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.36.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sandy Spring Bancorp  (NAS:SASR) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sandy Spring Bancorp Forward Dividend Yield % Related Terms

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Sandy Spring Bancorp (Sandy Spring Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
17801 Georgia Avenue, Olney, MD, USA, 20832
Sandy Spring Bancorp Inc is a community-oriented banking organization that conducts a full-service commercial banking business in Central Maryland, Northern Virginia, and Washington D.C. It conducts business in two operating segments. The Community Banking segment, which is the key revenue driver, involves delivering a broad range of financial products and services, including loan and deposit products to individuals and businesses and The Investment Management segment provides financial planning including cash flow analysis, investment review, tax planning, retirement planning, insurance analysis, and estate planning.
Executives
Craig A Ruppert director
Susan Lynne Pulford officer: EVP, Consumer Banking SANDY SPRING BANK, OLNEY MD 20832
Kenneth C Cook officer: EVP, Division President TWO HOPKINS PLAZA, BALTIMORE MD 21201
Gary John Fernandes officer: EVP, Chief Human Resources Off SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Daniel J Schrider officer: Executive Vice President
James J Maiwurm director
Mark E Friis director SANDY SPRING BANK, 17801 GEORGIA AVENUE, OLNEY MD 20832
Mark C Michael director C/O WASHINGTONFIRST BANKSHARES, INC., 11921 FREEDOM DRIVE, SUITE 250, RESTON VA 20190
Pamela A Little director SANDY SPRING BANK, 17801 GEORGIA AVENUE, OLNEY MD 20832
Christina B O'meara director SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNLEY MD 20832
Martz Walter Clayton Ii director SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Brian J Lemek director SANDY SPRING BANCORP, INC., 17801 GERGIA AVENUE, OLNEY MD 20832
Aaron Michael Kaslow officer: EVP, Gen'l Counsel & Secretary 17801 GEORGIA AVENUE, OLNEY MD 20832
Ronda M Mcdowell officer: EVP, Chief Credit Officer SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Mark C Micklem director 2101 BELLE HAVEN, ALEXANDRIA VA 22307