Sandy Spring Bancorp (Sandy Spring Bancorp) Dividend Payout Ratio : 0.57 (As of Dec. 2023)

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What is Sandy Spring Bancorp Dividend Payout Ratio?

Sandy Spring Bancorp's dividend payout ratio for the months ended in Dec. 2023 was 0.57.

The historical rank and industry rank for Sandy Spring Bancorp's Dividend Payout Ratio or its related term are showing as below:

SASR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.44 Max: 0.59
Current: 0.59

During the past 13 years, the highest Dividend Payout Ratio of Sandy Spring Bancorp was 0.59. The lowest was 0.24. And the median was 0.44.

SASR's Dividend Payout Ratio is ranked worse than
82% of 1089 companies
in the Banks industry
Industry Median: 0.34 vs SASR: 0.59

As of today (2024-04-26), the Dividend Yield % of Sandy Spring Bancorp is 6.30%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Sandy Spring Bancorp was 6.87%. The lowest was 2.06%. And the median was 3.07%.

Sandy Spring Bancorp's Dividends per Share for the months ended in Dec. 2023 was $0.34.

During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sandy Spring Bancorp was 152.00% per year. The lowest was -64.80% per year. And the median was 7.80% per year.

The growth rate is calculated with least square regression.

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

Sandy Spring Bancorp Dividend Payout Ratio Historical Data

The historical data trend for Sandy Spring Bancorp's Dividend Payout Ratio 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.

Sandy Spring Bancorp Dividend Payout Ratio Chart

Sandy Spring Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.34

0.43

0.24

0.38

0.46

Sandy Spring Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.29	0.57	0.55	0.57	0.69

Competitive Comparison of Sandy Spring Bancorp's Dividend Payout Ratio

For the Banks - Regional subindustry, Sandy Spring Bancorp's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Sandy Spring Bancorp's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sandy Spring Bancorp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Sandy Spring Bancorp's Dividend Payout Ratio falls into.

Sandy Spring Bancorp Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Sandy Spring Bancorp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.36	/	2.99
	=	0.45

Sandy Spring Bancorp'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 )
	=	0.34	/	0.6
	=	0.57

Sandy Spring Bancorp (NAS:SASR) Dividend Payout Ratio Explanation

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.

Sandy Spring Bancorp Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Sandy Spring Bancorp's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Sandy Spring Bancorp (Sandy Spring Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sandy Spring Bancorp Inc (NAS:SASR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

17801 Georgia Avenue, Olney, MD, USA, 20832

Website

https://www.sandyspringbank.com

Sandy Spring Bancorp Inc is a community-oriented banking organization that conducts a full-service commercial banking business in Central Maryland, Northern Virginia, and Washington D.C. It conducts business in two operating segments. The Community Banking segment, which is the key revenue driver, involves delivering a broad range of financial products and services, including loan and deposit products to individuals and businesses and The Investment Management segment provides financial planning including cash flow analysis, investment review, tax planning, retirement planning, insurance analysis, and estate planning.

Executives

Craig A Ruppert	director
Susan Lynne Pulford	officer: EVP, Consumer Banking	SANDY SPRING BANK, OLNEY MD 20832
Kenneth C Cook	officer: EVP, Division President	TWO HOPKINS PLAZA, BALTIMORE MD 21201
Gary John Fernandes	officer: EVP, Chief Human Resources Off	SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Daniel J Schrider	officer: Executive Vice President
James J Maiwurm	director
Mark E Friis	director	SANDY SPRING BANK, 17801 GEORGIA AVENUE, OLNEY MD 20832
Mark C Michael	director	C/O WASHINGTONFIRST BANKSHARES, INC., 11921 FREEDOM DRIVE, SUITE 250, RESTON VA 20190
Pamela A Little	director	SANDY SPRING BANK, 17801 GEORGIA AVENUE, OLNEY MD 20832
Christina B O'meara	director	SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNLEY MD 20832
Martz Walter Clayton Ii	director	SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Brian J Lemek	director	SANDY SPRING BANCORP, INC., 17801 GERGIA AVENUE, OLNEY MD 20832
Aaron Michael Kaslow	officer: EVP, Gen'l Counsel & Secretary	17801 GEORGIA AVENUE, OLNEY MD 20832
Ronda M Mcdowell	officer: EVP, Chief Credit Officer	SANDY SPRING BANCORP, INC., 17801 GEORGIA AVENUE, OLNEY MD 20832
Mark C Micklem	director	2101 BELLE HAVEN, ALEXANDRIA VA 22307