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South Atlantic Bancshares (South Atlantic Bancshares) Dividend Yield % : 0.83% (As of May. 25, 2024)


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What is South Atlantic Bancshares Dividend Yield %?

As of today (2024-05-25), the Trailing Annual Dividend Yield of South Atlantic Bancshares is 0.83%.

The historical rank and industry rank for South Atlantic Bancshares's Dividend Yield % or its related term are showing as below:

SABK' s Dividend Yield % Range Over the Past 10 Years
Min: 0.76   Med: 0.91   Max: 1.01
Current: 0.83

During the past 12 years, the highest Dividend Yield of South Atlantic Bancshares was 1.01%. The lowest was 0.76%. And the median was 0.91%.

SABK's Dividend Yield % is ranked worse than
94.89% of 1193 companies
in the Banks industry
Industry Median: 4 vs SABK: 0.83

South Atlantic Bancshares's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.39.

During the past 12 years, the highest Dividend Payout Ratio of South Atlantic Bancshares was 0.09. The lowest was 0.08. And the median was 0.08.

As of today (2024-05-25), the Forward Dividend Yield % of South Atlantic Bancshares is 0.83%.

South Atlantic Bancshares's Dividends per Share for the three months ended in Mar. 2024 was $0.10.

The growth rate is calculated with least square regression.

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


South Atlantic Bancshares Dividend Yield % Historical Data

The historical data trend for South Atlantic Bancshares's Dividend Yield % 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.

South Atlantic Bancshares Dividend Yield % Chart

South Atlantic Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.78

South Atlantic Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 1.00 0.98 0.78 0.92

Competitive Comparison of South Atlantic Bancshares's Dividend Yield %

For the Banks - Regional subindustry, South Atlantic Bancshares's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Atlantic Bancshares's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, South Atlantic Bancshares's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where South Atlantic Bancshares's Dividend Yield % falls into.



South Atlantic Bancshares Dividend Yield % Calculation

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

South Atlantic Bancshares Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1000002024-02-132024-02-142024-02-28Cash DividendannuallyUSD: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.

South Atlantic Bancshares's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.1/12.00
=0.83 %

Current Share Price is $12.00.
South Atlantic Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.1.

South Atlantic Bancshares's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.1/12.00
=0.83 %

Current Share Price is $12.00.
South Atlantic Bancshares's Dividends per Share for the forward twelve months is calculated as $0.1 * 1 = $0.1.

* 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.


South Atlantic Bancshares  (OTCPK:SABK) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


South Atlantic Bancshares Dividend Yield % Related Terms

Thank you for viewing the detailed overview of South Atlantic Bancshares's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


South Atlantic Bancshares (South Atlantic Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
630 29th Avenue North, Myrtle Beach, SC, USA, 29577
South Atlantic Bancshares Inc is A United States-based bank holding company. The business activity of the bank is to provide banking services to domestic markets. Its product offering includes Personal and business checking, Savings, and Money market accounts, along with Residential mortgages, Commercial Loans, and Lines of credit. The bank also offers other services like mobile banking application, treasury, remote deposit capture, and merchant card services; telephone and online banking, and ATM services; and debit and credit cards.