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SSB (SouthState) Dividend Yield % : 1.92% (As of Dec. 12, 2024)


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What is SouthState Dividend Yield %?

As of today (2024-12-12), the Trailing Annual Dividend Yield of SouthState is 1.92%.

Warning Sign:

SouthState Corp stock dividend yield is close to 5-year low.

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

SSB' s Dividend Yield % Range Over the Past 10 Years
Min: 1.12   Med: 2.06   Max: 4.06
Current: 1.92

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

SSB's Dividend Yield % is ranked worse than
82.89% of 1233 companies
in the Banks industry
Industry Median: 3.69 vs SSB: 1.92

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

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.

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

SouthState's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for SouthState'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.

SouthState Dividend Yield % Chart

SouthState 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 1.93 2.60 2.40 2.59 2.42

SouthState Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.00 2.42 2.42 2.72 2.16

Competitive Comparison of SouthState's Dividend Yield %

For the Banks - Regional subindustry, SouthState'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.


SouthState's Dividend Yield % Distribution in the Banks Industry

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

* The bar in red indicates where SouthState's Dividend Yield % falls into.



SouthState Dividend Yield % Calculation

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

SouthState Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5400002024-11-082024-11-082024-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5400002024-08-092024-08-092024-08-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.5200002024-05-092024-05-102024-05-17Cash DividendquarterlyUSD:USD 1.000000
USD 0.5200002024-02-082024-02-092024-02-16Cash DividendquarterlyUSD: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.

SouthState's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.12/109.77
=1.93 %

Current Share Price is $109.77.
SouthState's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.12.

SouthState's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.16/109.77
=1.97 %

Current Share Price is $109.77.
SouthState's Dividends per Share for the forward twelve months is calculated as $0.54 * 4 = $2.16.

* 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.


SouthState  (NYSE:SSB) 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.


SouthState Dividend Yield % Related Terms

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


SouthState Business Description

Traded in Other Exchanges
Address
1101 First Street South, Suite 202, Winter Haven, FL, USA, 33880
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