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Southern States Bancshares (Southern States Bancshares) Total Payout Yield % : 1.21 (As of Apr. 26, 2024)


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What is Southern States Bancshares Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Southern States Bancshares's current Total Payout Yield % is 1.21%.


Southern States Bancshares Total Payout Yield % Historical Data

The historical data trend for Southern States Bancshares's Total Payout 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.

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Southern States Bancshares Total Payout Yield % Chart

Southern States Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Payout Yield %
- - -10.34 4.09 1.01

Southern States Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Payout 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 2.37 1.77 -0.36 1.24 -

Competitive Comparison of Southern States Bancshares's Total Payout Yield %

For the Banks - Regional subindustry, Southern States Bancshares's Total Payout Yield %, along with its competitors' market caps and Total Payout 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.


Southern States Bancshares's Total Payout Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southern States Bancshares's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Southern States Bancshares's Total Payout Yield % falls into.



Southern States Bancshares Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Southern States Bancshares's Total Payout Yield % for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (-0.979 + 1.563 + -3.193) / 258.874728
=1.01%

Southern States Bancshares's annualized Total Payout Yield % for the quarter that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (0 + -0.003 + -0.802) * 4 / 258.874728
=1.24%

* 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.


Southern States Bancshares Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


Southern States Bancshares Total Payout Yield % Related Terms

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Southern States Bancshares (Southern States Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
615 Quintard Avenue, Anniston, AL, USA, 36201
Southern States Bancshares Inc is a full service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in communities.
Executives
Jonathan Hinton director 615 QUINTARD AVENUE, ANNISTON AL 36201
Christine Hunsaker director 1333 S CLEARVIEW PARKWAY, JEFFERSON LA 70121
Cynthia S. Mccarty director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Lynn J Joyce officer: Chief Financial Officer 1630 4TH AVE NORTH, BESSEMER AL 35020
Daniel Andrew Cummings director 615 QUINTARD AVENUE, ANNISTON AL 36201
Gregory B. Smith officer: Chief Risk Officer 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Brent O. Hitson director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Smith J. Henry Iv director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Turner Henry A. Jr. director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Brian Stacey Holmes director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Hayes Alfred J. Jr. director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Lewis C. Beavers director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Jimmy A. Lafoy director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Robert T. Davie director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Stephen W. Whatley director, officer: Chief Executive Officer 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223