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Summit State Bank (Summit State Bank) Dividends per Share : $0.36 (TTM As of Dec. 2023)


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What is Summit State Bank Dividends per Share?

Summit State Bank's dividends per share for the three months ended in Dec. 2023 was $0.12. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.36. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.41. As of today, Summit State Bank's Dividend Yield % is 4.80%.

Good Sign:

Summit State Bank stock dividend yield is close to 3-year high.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Summit State Bank was 26.00% per year. The lowest was 0.80% per year. And the median was 6.05% per year.

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


Summit State Bank Dividends per Share Historical Data

The historical data trend for Summit State Bank's Dividends per Share 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.

Summit State Bank Dividends per Share Chart

Summit State Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.44 0.45 0.48 0.48

Summit State Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Dividends per Share 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 0.12 0.12 0.12 0.12 0.12

Competitive Comparison of Summit State Bank's Dividends per Share

For the Banks - Regional subindustry, Summit State Bank'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.


Summit State Bank's Dividend Yield % Distribution in the Banks Industry

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

* The bar in red indicates where Summit State Bank's Dividend Yield % falls into.



Summit State Bank Dividends per Share Calculation

Dividends paid to per common share.


Summit State Bank  (NAS:SSBI) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Summit State Bank'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 )
=0.12/ 0.29
=0.41

During the past 13 years, the highest Dividend Payout Ratio of Summit State Bank was 0.85. The lowest was 0.19. And the median was 0.42.

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

Summit State Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1202024-02-072024-02-082024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1202023-11-082023-11-092023-11-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.1202023-08-092023-08-102023-08-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.1202023-05-102023-05-112023-05-18Cash 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.


Summit State Bank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.48/10.00
=4.80 %

Current Share Price is $10.00.
Summit State Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.48.

During the past 13 years, the highest Dividend Yield of Summit State Bank was 6.88%. The lowest was 1.99%. And the median was 3.41%.

Good Sign:

Summit State Bank stock dividend yield is close to 3-year high.

* 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.


Summit State Bank Dividends per Share Related Terms

Thank you for viewing the detailed overview of Summit State Bank's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Summit State Bank (Summit State Bank) Business Description

Traded in Other Exchanges
N/A
Address
500 Bicentennial Way, Santa Rosa, CA, USA, 95403
Summit State Bank is a state-chartered commercial bank operating a traditional community banking business within the primary service area of Sonoma County in California, however, it also considers and makes loans to borrowers primarily from Marin, Napa, and San Francisco counties. The bank provides a broad array of financial services to small to medium-sized businesses and their owners and employees, entrepreneurs, high-net-worth families, foundations, estates, and individual consumers. Its lending activities are primarily focused on commercial real estate, construction, and business loans to targeted clientele. The bank also has loan production offices in California (Roseville, Irvine, and Tustin), Arizona (Scottsdale), Texas (Montgomery), and Washington (Mukilteo).