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Stellar Bancorp (Stellar Bancorp) 3-Year Dividend Growth Rate : 9.10% (As of Mar. 2024)


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What is Stellar Bancorp 3-Year Dividend Growth Rate?

Stellar Bancorp's Dividends per Share for the three months ended in Mar. 2024 was $0.13.

The historical rank and industry rank for Stellar Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

STEL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 9.1   Med: 23.3   Max: 100
Current: 9.1

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Stellar Bancorp was 100.00% per year. The lowest was 9.10% per year. And the median was 23.30% per year.

STEL's 3-Year Dividend Growth Rate is ranked better than
57.12% of 765 companies
in the Banks industry
Industry Median: 7.6 vs STEL: 9.10

During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.10% 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.

Stellar Bancorp's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.27. As of today, Stellar Bancorp's Dividend Yield % is 2.27%.

Good Sign:

Stellar Bancorp Inc stock dividend yield is close to 3-year high.

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


Competitive Comparison of Stellar Bancorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, Stellar Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Stellar Bancorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Stellar Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Stellar Bancorp's 3-Year Dividend Growth Rate falls into.



Stellar Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

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.


Stellar Bancorp  (NYSE:STEL) 3-Year Dividend Growth Rate Explanation

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

Stellar Bancorp's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.13/ 0.482
=0.27

During the past 9 years, the highest Dividend Payout Ratio of Stellar Bancorp was 0.27. The lowest was 0.04. And the median was 0.19.

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

Stellar Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1300002024-03-152024-03-182024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.1300002023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.1300002023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.1300002023-06-142023-06-152023-06-30Cash 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.

Stellar Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.52/22.90
=2.27 %

Current Share Price is $22.90.
Stellar Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.52.

During the past 9 years, the highest Dividend Yield of Stellar Bancorp was 2.66%. The lowest was 0.17%. And the median was 1.70%.

Good Sign:

Stellar Bancorp Inc 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.


Stellar Bancorp 3-Year Dividend Growth Rate Related Terms>


Stellar Bancorp (Stellar Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
9 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Stellar Bancorp Inc is a U.S. based bank holding company. It mainly focuses on providing commercial banking solutions to local small and mid-sized businesses and professionals. The services provided by the company include business and personal deposits account, personal and business lending, mobile and online banking, merchant banking, and others.
Executives
Okan I. Akin officer: Senior Executive VP, CRO 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
Paul P Egge officer: Senior Executive VP, CFO 8847 W. SAM HOUSTON PARKWAY, N., STE 200, HOUSTON TX 77040
Cynthia A Dopjera director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Joe Sr Penland director 6550 TRAM ROAD, BEAUMONT TX 77713
Williams John E Jr director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Wilson William E Jr director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Joe B Swinbank director 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
George Martinez director 38 WINCREST FALLS DR, CYPRESS TX 774295154
John Beckworth director 8847 W.SAM HOUSTON PARKWAY N., SUITE 200, HOUSTON TX 77040
Jon-al Duplantier director C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Justin M Long officer: SEVP, GC & Secretary 3714 STEVENSON AVE., AUSTIN TX 78703
Cambrea R Merriwether officer: EVP Executive Director of HR 9 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Fred S. Robertson director 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040
Shanna R. Kuzdzal officer: Sr. EVP, GC, Secretary 8847 W. SAM HOUSTON PARKWAY, N., STE 200, HOUSTON TX 77040
Vitulli, Iii Ramon A. officer: President 8847 W. SAM HOUSTON PARKWAY N., STE. 200, HOUSTON TX 77040