Southside Bancshares (Southside Bancshares) Dividend Payout Ratio : 0.61 (As of Dec. 2023)

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What is Southside Bancshares Dividend Payout Ratio?

Southside Bancshares's dividend payout ratio for the months ended in Dec. 2023 was 0.61.

The historical rank and industry rank for Southside Bancshares's Dividend Payout Ratio or its related term are showing as below:

SBSI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.51 Max: 0.78
Current: 0.5

During the past 13 years, the highest Dividend Payout Ratio of Southside Bancshares was 0.78. The lowest was 0.37. And the median was 0.51.

SBSI's Dividend Payout Ratio is ranked worse than
73.21% of 1090 companies
in the Banks industry
Industry Median: 0.34 vs SBSI: 0.50

As of today (2024-04-25), the Dividend Yield % of Southside Bancshares is 5.15%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Southside Bancshares was 5.38%. The lowest was 2.33%. And the median was 3.29%.

Southside Bancshares's Dividends per Share for the months ended in Dec. 2023 was $0.35.

During the past 12 months, Southside Bancshares's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Southside Bancshares was 31.60% per year. The lowest was 3.40% per year. And the median was 12.70% per year.

The growth rate is calculated with least square regression.

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

Southside Bancshares Dividend Payout Ratio Historical Data

The historical data trend for Southside Bancshares's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Southside Bancshares Dividend Payout Ratio Chart

Southside Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.56

0.51

0.37

0.42

0.50

Southside Bancshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.39	0.42	0.43	0.58	0.61

Competitive Comparison of Southside Bancshares's Dividend Payout Ratio

For the Banks - Regional subindustry, Southside Bancshares's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Southside Bancshares's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southside Bancshares's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Southside Bancshares's Dividend Payout Ratio falls into.

Southside Bancshares Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Southside Bancshares's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.4	/	2.82
	=	0.50

Southside Bancshares's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.35	/	0.57
	=	0.61

Southside Bancshares (NAS:SBSI) Dividend Payout Ratio Explanation

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.

Southside Bancshares Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Southside Bancshares's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Southside Bancshares (Southside Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southside Bancshares Inc (NAS:SBSI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SU7:Germany

Address

1201 South Beckham Avenue, Tyler, TX, USA, 75701

Website

https://www.southside.com

Southside Bancshares Inc is a financial institution offering financial services to individuals, businesses, municipal entities, and non-profit organizations. It provides various services such as personal banking, business banking, mortgage, equity lending, wealth management and trust, and brokerage. The bank generates its revenue in the form of interest income, gains on sales of assets, and fee income.

Executives

Brian K Mccabe	officer: Secretary & EVP	PO BOX 1079, TYLER TX 75710
Sammons John F Jr	director	1320 S. UNIVERSITY DRIVE, SUITE 900, FORT WORTH TX 76107
Jared C. Green	officer: SVP	1201 S. BECKHAM, TYLER TX 75701
Lee R Gibson	director, officer: Executive Vice President	SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Herbert C Buie	director
Tony K Morgan	director	PO BOX 1079, TYLER X1 75710
Cindy Blackstone	officer: Chief Retail Officer	1201 S. BECKHAM AVE, TYLER TX 75701
Susan Elaine Anderson	director	PO BOX 1079, TYLER TX 75710
Keith Donahoe	officer: RP CTX	1201 S. BECKHAM, TYLER TX 75701
Donald W Thedford	director	PO BOX 1079, TYLER TX 75710
Alton L. Frailey	director	1201 S. BECKHAM AVE, TYLER TX 75701
William Sheehy	director	SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Julie Shamburger	officer: Vice President & Controller	SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Emily S Moore	officer: HR DIRECTOR	PO BOX 1079, TYLER TX 75710
Lawrence Lazelle Anderson	director	PO BOX 1079, TYLER` TX 75710