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Skyline Bankshares (Skyline Bankshares) Dividend Yield % : 3.93% (As of Apr. 28, 2024)


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What is Skyline Bankshares Dividend Yield %?

As of today (2024-04-28), the Trailing Annual Dividend Yield of Skyline Bankshares is 3.93%.

Good Sign:

Skyline Bankshares Inc stock dividend yield is close to 10-year high.

The historical rank and industry rank for Skyline Bankshares's Dividend Yield % or its related term are showing as below:

SLBK' s Dividend Yield % Range Over the Past 10 Years
Min: 0.71   Med: 2.13   Max: 4.14
Current: 3.93

During the past 9 years, the highest Dividend Yield of Skyline Bankshares was 4.14%. The lowest was 0.71%. And the median was 2.13%.

SLBK's Dividend Yield % is ranked worse than
50.79% of 1205 companies
in the Banks industry
Industry Median: 3.99 vs SLBK: 3.93

Skyline Bankshares's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 9 years, the highest Dividend Payout Ratio of Skyline Bankshares was 0.28. The lowest was 0.17. And the median was 0.21.

As of today (2024-04-28), the Forward Dividend Yield % of Skyline Bankshares is 3.93%.

Skyline Bankshares's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Skyline Bankshares's average Dividends Per Share Growth Rate was 31.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.10% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Skyline Bankshares was 17.60% per year. The lowest was 10.10% per year. And the median was 13.90% per year.

The growth rate is calculated with least square regression.

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


Skyline Bankshares Dividend Yield % Historical Data

The historical data trend for Skyline Bankshares's Dividend Yield % 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.

Skyline Bankshares Dividend Yield % Chart

Skyline Bankshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only 1.90 2.65 2.08 2.82 3.74

Skyline Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.82 3.39 3.53 3.73 3.74

Competitive Comparison of Skyline Bankshares's Dividend Yield %

For the Banks - Regional subindustry, Skyline Bankshares's Dividend Yield %, along with its competitors' market caps and 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.


Skyline Bankshares's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Skyline Bankshares's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Skyline Bankshares's Dividend Yield % falls into.



Skyline Bankshares Dividend Yield % Calculation

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

Skyline Bankshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2302024-03-072024-03-082024-03-18Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.2102023-09-072023-09-082023-09-18Cash Dividendsemi-annuallyUSD: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.

Skyline Bankshares's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.44/11.19
=3.93 %

Current Share Price is $11.19.
Skyline Bankshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.44.

Skyline Bankshares's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.46/11.19
=4.11 %

Current Share Price is $11.19.
Skyline Bankshares's Dividends per Share for the forward twelve months is calculated as $0.23 * 2 = $0.46.

* 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.


Skyline Bankshares  (OTCPK:SLBK) 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.


Skyline Bankshares Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Skyline Bankshares's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Skyline Bankshares (Skyline Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
101 Jacksonville Circle, Floyd, VA, USA, 24091
Skyline Bankshares Inc is a bank holding company. The company's product and service portfolio includes regular savings, demand, NOW, money market deposits, individual retirement accounts, and small denomination certificates of deposit. It also offers a variety of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer, and other loans.

Skyline Bankshares (Skyline Bankshares) Headlines

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