SLBK (Skyline Bankshares) Dividend Payout Ratio : 0.67 (As of Sep. 2024)

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What is Skyline Bankshares Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Skyline Bankshares's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.67.

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

SLBK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.21 Max: 0.31
Current: 0.31

During the past 9 years, the highest Dividend Payout Ratio of Skyline Bankshares was 0.31. The lowest was 0.17. And the median was 0.21.

SLBK's Dividend Payout Ratio is ranked better than
59.81% of 1147 companies
in the Banks industry
Industry Median: 0.34 vs SLBK: 0.31

As of today (2024-12-14), the Dividend Yield % of Skyline Bankshares is 3.81%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Skyline Bankshares was 4.36%. The lowest was 0.71%. And the median was 2.18%.

Skyline Bankshares's Dividends per Share for the months ended in Sep. 2024 was $0.23.

During the past 12 months, Skyline Bankshares's average Dividends Per Share Growth Rate was 9.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 14.10% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Skyline Bankshares was 17.60% per year. The lowest was 10.10% per year. And the median was 13.90% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Skyline Bankshares Dividend Payout Ratio Historical Data

The historical data trend for Skyline Bankshares'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.

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Skyline Bankshares Dividend Payout Ratio Chart

Skyline Bankshares Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.21

0.27

0.17

0.24

Skyline Bankshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.57	-	0.62	-	0.67

Competitive Comparison of Skyline Bankshares's Dividend Payout Ratio

For the Banks - Regional subindustry, Skyline Bankshares'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.

Skyline Bankshares's Dividend Payout Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Skyline Bankshares's Dividend Payout Ratio falls into.

Skyline Bankshares Dividend Payout Ratio Calculation

Skyline Bankshares'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 )
	=	0.42	/	1.74
	=	0.24

Skyline Bankshares's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.23	/	0.343
	=	0.67

Skyline Bankshares (OTCPK:SLBK) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Skyline Bankshares Dividend Payout Ratio Related Terms

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

Skyline Bankshares Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Skyline Bankshares Inc (OTCPK:SLBK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Jacksonville Circle, Floyd, VA, USA, 24091

Website

https://www.skylinenationalbank.bank

Skyline Bankshares Inc is a bank holding company. The company's product and service portfolio includes regular savings, demand, NOW, money market deposits, individual retirement accounts, and small denomination certificates of deposit. It also offers a variety of secured loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer and other loans.