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Solvay Bank (Solvay Bank) Forward Dividend Yield % : 6.43% (As of May. 12, 2024)


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What is Solvay Bank Forward Dividend Yield %?

As of today (2024-05-12), the Forward Annual Dividend Yield of Solvay Bank is 6.43%.

As of today (2024-05-12), the Trailing Annual Dividend Yield of Solvay Bank is 6.32%.

SOBS's Forward Dividend Yield % is not ranked
in the Banks industry.
Industry Median: 4.07 vs SOBS: 6.43

Solvay Bank's Dividends per Share for the three months ended in Sep. 2010 was $0.19.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Solvay Bank's Forward Dividend Yield %

For the Banks - Regional subindustry, Solvay Bank'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.


Solvay Bank's Forward Dividend Yield % Distribution in the Banks Industry

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

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



Solvay Bank Forward Dividend Yield % Calculation

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

Solvay Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4300002024-04-042024-04-052024-04-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.4200002023-12-282023-12-292024-01-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.4200002023-09-282023-09-292023-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.4200002023-06-292023-06-302023-07-28Cash 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.

Solvay Bank's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.72/26.73
=6.43 %

Current Share Price is $26.73.
Solvay Bank's Dividends per Share for the forward twelve months is calculated as $0.43 * 4 = $1.72.

Solvay Bank's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.69/26.73
=6.32 %

Current Share Price is $26.73.
Solvay Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.69.

* 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.


Solvay Bank  (OTCPK:SOBS) 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.


Solvay Bank Forward Dividend Yield % Related Terms

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Solvay Bank (Solvay Bank) Business Description

Traded in Other Exchanges
N/A
Address
1537 Milton Avenue, Solvay, NY, USA, 13209
Solvay Bank is a United States based community bank. It offers personal and business banking services. The bank provides business loans, deposit accounts, small business administration, commercial real estate, special lending programs, electronic services, merchant services and other banking services. The objectives of the Company's security portfolio are to provide liquidity for future funding needs, a safe and lower-risk investment alternative for idle funds, and a stable source of core earnings.

Solvay Bank (Solvay Bank) Headlines