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South Atlantic Bancshares (South Atlantic Bancshares) Forward Dividend Yield % : 0.83% (As of May. 26, 2024)


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What is South Atlantic Bancshares Forward Dividend Yield %?

As of today (2024-05-26), the Forward Annual Dividend Yield of South Atlantic Bancshares is 0.83%.

As of today (2024-05-26), the Trailing Annual Dividend Yield of South Atlantic Bancshares is 0.83%.

SABK's Forward Dividend Yield % is ranked worse than
95.49% of 1175 companies
in the Banks industry
Industry Median: 4.11 vs SABK: 0.83

South Atlantic Bancshares's Dividends per Share for the three months ended in Mar. 2024 was $0.10.

The growth rate is calculated with least square regression.

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


Competitive Comparison of South Atlantic Bancshares's Forward Dividend Yield %

For the Banks - Regional subindustry, South Atlantic Bancshares'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.


South Atlantic Bancshares's Forward Dividend Yield % Distribution in the Banks Industry

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

* The bar in red indicates where South Atlantic Bancshares's Forward Dividend Yield % falls into.



South Atlantic Bancshares Forward Dividend Yield % Calculation

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

South Atlantic Bancshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1000002024-02-132024-02-142024-02-28Cash DividendannuallyUSD: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.

South Atlantic Bancshares's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/12.00
=0.83 %

Current Share Price is $12.00.
South Atlantic Bancshares's Dividends per Share for the forward twelve months is calculated as $0.1 * 1 = $0.1.

South Atlantic Bancshares's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/12.00
=0.83 %

Current Share Price is $12.00.
South Atlantic Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.1.

* 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.


South Atlantic Bancshares  (OTCPK:SABK) 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.


South Atlantic Bancshares Forward Dividend Yield % Related Terms

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South Atlantic Bancshares (South Atlantic Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
630 29th Avenue North, Myrtle Beach, SC, USA, 29577
South Atlantic Bancshares Inc is A United States-based bank holding company. The business activity of the bank is to provide banking services to domestic markets. Its product offering includes Personal and business checking, Savings, and Money market accounts, along with Residential mortgages, Commercial Loans, and Lines of credit. The bank also offers other services like mobile banking application, treasury, remote deposit capture, and merchant card services; telephone and online banking, and ATM services; and debit and credit cards.