SSB (SouthState) Dividend Payout Ratio : 0.28 (As of Sep. 2024)

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What is SouthState 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. SouthState's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.28.

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

SSB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.27 Max: 0.49
Current: 0.3

During the past 13 years, the highest Dividend Payout Ratio of SouthState was 0.49. The lowest was 0.22. And the median was 0.27.

SSB's Dividend Payout Ratio is ranked better than
62.16% of 1147 companies
in the Banks industry
Industry Median: 0.34 vs SSB: 0.30

As of today (2024-12-14), the Dividend Yield % of SouthState is 1.95%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SouthState was 4.06%. The lowest was 1.12%. And the median was 2.06%.

SouthState's Dividends per Share for the months ended in Sep. 2024 was $0.54.

During the past 12 months, SouthState's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SouthState was 17.80% per year. The lowest was 0.40% per year. And the median was 8.45% 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.

SouthState Dividend Payout Ratio Historical Data

The historical data trend for SouthState'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.

SouthState Dividend Payout Ratio Chart

SouthState Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.30

0.49

0.25

0.28

0.30

SouthState 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															0.32	0.31	0.33	0.29	0.28

Competitive Comparison of SouthState's Dividend Payout Ratio

For the Banks - Regional subindustry, SouthState'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.

SouthState's Dividend Payout Ratio Distribution in the Banks Industry

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

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

SouthState Dividend Payout Ratio Calculation

SouthState'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 )
	=	2.04	/	6.86
	=	0.30

SouthState'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 )
	=	0.54	/	1.9
	=	0.28

SouthState (NYSE:SSB) 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.

SouthState Dividend Payout Ratio Related Terms

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

SouthState Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SouthState Corp (NYSE:SSB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

FJ5:Germany

Address

1101 First Street South, Suite 202, Winter Haven, FL, USA, 33880

Website

https://www.southstatebank.com

SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit cards servicing, ATM processing, and wealth management and trust services.

Executives

Renee R Brooks	officer: CHIEF ADMINISTRATIVE OFFICER	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Jean E Davis	director
Daniel E Bockhorst	officer: Chief Credit Officer	42745 U.S. HIGHWAY 27, DAVENPORT FL 33837
Matthews William E V	officer: Chief Financial Officer
Richard Iv Murray	officer: President	PO BOX 10686, BIRMINGHAM AL 35202
Greg A Lapointe	officer: President of SSB	520 GERVAIS STREET, COLUMBIA SC 29201
Page G Ruffner Jr	director
Douglas Lloyd Williams	officer: President, Atlanta Banking Grp	3280 PEACHTREE ROAD NE, SUITE 1600, ATLANTA GA 30305
John C Pollok	officer: Executive Vice President	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Hill Robert R Jr	officer: President & CEO	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Robert R Horger	director, officer: Chairman	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Ronald M. Cofield	director	1101 FIRST STREET SOUTH, WINTER HAVEN FL 33880
Shantella E. Cooper	director	241 RALPH MCGILL BLVD., NW, ATLANTA GA 30308
Douglas J. Hertz	director	3280 PEACHTREE ROAD NE, SUITE 1600, ATLANTA GA 30305
Ernest S Pinner	director