South Plains Financial (STU:4S4) Dividend Payout Ratio : 0.20 (As of Mar. 2024)

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What is South Plains Financial Dividend Payout Ratio?

South Plains Financial's dividend payout ratio for the months ended in Mar. 2024 was 0.20.

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

STU:4S4' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.1 Max: 0.25
Current: 0.24

During the past 7 years, the highest Dividend Payout Ratio of South Plains Financial was 0.25. The lowest was 0.04. And the median was 0.10.

STU:4S4's Dividend Payout Ratio is ranked better than
73.67% of 1094 companies
in the Banks industry
Industry Median: 0.35 vs STU:4S4: 0.24

As of today (2024-05-22), the Dividend Yield % of South Plains Financial is 1.95%.

During the past 7 years, the highest Trailing Annual Dividend Yield of South Plains Financial was 2.39%. The lowest was 0.14%. And the median was 1.05%.

South Plains Financial's Dividends per Share for the months ended in Mar. 2024 was €0.12.

During the past 12 months, South Plains Financial's average Dividends Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 54.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of South Plains Financial was 97.20% per year. The lowest was 54.90% per year. And the median was 76.05% per year.

The growth rate is calculated with least square regression.

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

South Plains Financial Dividend Payout Ratio Historical Data

The historical data trend for South Plains Financial'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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South Plains Financial Dividend Payout Ratio Chart

South Plains Financial Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.03

0.10

0.14

0.25

South Plains Financial 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															0.24	0.70	0.17	0.21	0.20

Competitive Comparison of South Plains Financial's Dividend Payout Ratio

For the Banks - Regional subindustry, South Plains Financial'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.

South Plains Financial's Dividend Payout Ratio Distribution in the Banks Industry

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

* The bar in red indicates where South Plains Financial's Dividend Payout Ratio falls into.

South Plains Financial Dividend Payout Ratio Calculation

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

South Plains Financial'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 )
	=	0.477	/	1.908
	=	0.25

South Plains Financial'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 )
	=	0.12	/	0.589
	=	0.20

South Plains Financial (STU:4S4) 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.

South Plains Financial Dividend Payout Ratio Related Terms

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

South Plains Financial (STU:4S4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » South Plains Financial Inc (STU:4S4) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SPFI:USA

Address

5219 City Bank Parkway, Lubbock, TX, USA, 79407

Website

https://www.spfi.bank

South Plains Financial Inc operates as a bank holding company. The company provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals. The principal business activities include commercial and retail banking, along with insurance, investment, trust, and mortgage services. The company has two reportable segments: banking and insurance.

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