South State Corporation (SSB) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 5.5 years, SSB has averaged an annual trailing twelve month dividend growth rate of 7.88%.
- SSB reports a compound annual dividend growth rate of 0.34% over the past 5.5 years.
- In terms of debt burden relative to earnings, SSB has an EBITDA to net debt ratio of 317,588,000, ranking above 92.74% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with SSB that may be suitable potential portfolio mates: BAH, HAPP, BF.B, AQN and XLNX.
SSB Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $100.21 | $63.62 | -22.46% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding SouthState Corp, the DDM model generated by StockNews estimates a return of negative 22.46% in comparison to its current price. To help understand and contextualize the model's evaluation of SSB, investors may wish to consider are:
- Beta is a measure of how volatile a stock is relative to the S&P 500; for SSB, its beta is lower than merely 21.33% of stocks in the small-sized revenue class.
- Based on dividend growth rate, SouthState Corp has been increasing its dividends at a faster rate than 94.18% of US-listed dividend-issuing stocks we observed.
- As other dividend issuers in the Financial Services sector, SouthState Corp has an equity discount rate lower than 34.05% of them.
SSB Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-08 | Dividend | $0.54 | -- |
| 2024-08-09 | Dividend | $0.54 | +3.85% |
| 2024-05-09 | Dividend | $0.52 | -- |
| 2024-02-08 | Dividend | $0.52 | -- |
| 2023-11-09 | Dividend | $0.52 | -- |
| 2023-08-10 | Dividend | $0.52 | +4.00% |
| 2023-05-11 | Dividend | $0.50 | -- |
| 2023-02-09 | Dividend | $0.50 | -- |
| 2022-11-09 | Dividend | $0.50 | -- |
| 2022-08-11 | Dividend | $0.50 | +2.04% |
| 2022-05-12 | Dividend | $0.49 | -- |
| 2022-02-10 | Dividend | $0.49 | -- |
| 2021-11-10 | Dividend | $0.49 | -- |
| 2021-08-11 | Dividend | $0.49 | +4.26% |
| 2021-05-13 | Dividend | $0.47 | -- |
| 2021-02-11 | Dividend | $0.47 | -- |
| 2020-11-12 | Dividend | $0.47 | -- |
| 2020-08-13 | Dividend | $0.47 | -- |
| 2020-05-07 | Dividend | $0.47 | -- |
| 2020-02-06 | Dividend | $0.47 | +2.17% |
| 2019-11-07 | Dividend | $0.46 | +6.98% |
| 2019-08-08 | Dividend | $0.43 | +7.50% |
| 2019-05-09 | Dividend | $0.40 | +5.26% |
| 2019-02-14 | Dividend | $0.38 | +5.56% |
| 2018-11-08 | Dividend | $0.36 | +2.86% |
| 2018-08-16 | Dividend | $0.35 | +2.94% |
| 2018-05-10 | Dividend | $0.34 | +3.03% |
| 2018-02-08 | Dividend | $0.33 | -- |
| 2017-11-09 | Dividend | $0.33 | -- |
| 2017-08-09 | Dividend | $0.33 | -- |
| 2017-05-10 | Dividend | $0.33 | -- |
| 2017-02-15 | Dividend | $0.33 | +3.13% |
| 2016-11-08 | Dividend | $0.32 | +3.23% |
| 2016-08-10 | Dividend | $0.31 | +3.33% |
| 2016-05-11 | Dividend | $0.30 | +7.14% |
| 2016-02-10 | Dividend | $0.28 | +7.69% |
| 2015-11-10 | Dividend | $0.26 | +4.00% |
| 2015-08-12 | Dividend | $0.25 | +4.17% |
| 2015-05-20 | Dividend | $0.24 | +4.35% |
| 2015-02-11 | Dividend | $0.23 | +4.55% |
| 2014-11-12 | Dividend | $0.22 | +4.76% |
| 2014-08-13 | Dividend | $0.21 | +5.00% |
| 2014-05-14 | Dividend | $0.20 | +5.26% |
| 2014-02-12 | Dividend | $0.19 | -- |
| 2013-11-13 | Dividend | $0.19 | -- |
| 2013-08-14 | Dividend | $0.19 | +5.56% |
| 2013-05-15 | Dividend | $0.18 | -- |
| 2013-02-13 | Dividend | $0.18 | -- |
| 2012-11-14 | Dividend | $0.18 | +5.88% |
| 2012-08-15 | Dividend | $0.17 | -- |
| 2012-05-16 | Dividend | $0.17 | -- |
| 2012-02-15 | Dividend | $0.17 | -- |
| 2011-11-16 | Dividend | $0.17 | -- |
| 2011-08-17 | Dividend | $0.17 | -- |
| 2011-05-18 | Dividend | $0.17 | -- |
| 2011-02-16 | Dividend | $0.17 | -- |
| 2010-11-03 | Dividend | $0.17 | -- |
| 2010-08-11 | Dividend | $0.17 | -- |
| 2010-05-12 | Dividend | $0.17 | -- |
| 2010-02-10 | Dividend | $0.17 | -- |
| 2009-11-04 | Dividend | $0.17 | -- |
| 2009-08-05 | Dividend | $0.17 | -- |
| 2009-05-13 | Dividend | $0.17 | -- |
| 2009-02-04 | Dividend | $0.17 | -- |
| 2008-10-29 | Dividend | $0.17 | -- |
| 2008-07-30 | Dividend | $0.17 | -- |
| 2008-05-07 | Dividend | $0.17 | -- |
| 2008-01-30 | Dividend | $0.17 | -- |
| 2007-10-31 | Dividend | $0.17 | -- |
| 2007-08-01 | Dividend | $0.17 | -- |
| 2007-05-09 | Dividend | $0.17 | -- |
| 2007-01-31 | Dividend | $0.17 | -- |
| 2006-11-01 | Dividend | $0.17 | -- |
| 2006-08-02 | Dividend | $0.17 | -- |
| 2006-05-11 | Dividend | $0.17 | -- |
| 2006-02-01 | Dividend | $0.17 | -- |
| 2005-11-02 | Dividend | $0.17 | -- |
| 2005-08-03 | Dividend | $0.17 | -- |
| 2005-05-11 | Dividend | $0.17 | -- |
| 2005-02-02 | Dividend | $0.17 | -- |
| 2004-11-03 | Dividend | $0.17 | -- |
| 2004-07-28 | Dividend | $0.17 | -- |
| 2004-05-12 | Dividend | $0.17 | -- |
| 2004-01-28 | Dividend | $0.17 | -- |
| 2003-10-29 | Dividend | $0.17 | -- |
| 2003-07-30 | Dividend | $0.17 | +6.25% |
| 2003-04-30 | Dividend | $0.16 | -- |
| 2003-02-05 | Dividend | $0.16 | -- |
| 2002-10-30 | Dividend | $0.16 | -- |
| 2002-07-31 | Dividend | $0.16 | -- |
| 2002-05-01 | Dividend | $0.16 | +6.67% |
| 2002-01-30 | Dividend | $0.15 | -- |
| 2001-10-31 | Dividend | $0.15 | +7.14% |
| 2001-08-01 | Dividend | $0.14 | -- |
| 2001-05-02 | Dividend | $0.14 | -- |
| 2001-01-31 | Dividend | $0.14 | -- |
| 2000-11-01 | Dividend | $0.14 | -- |
| 2000-08-02 | Dividend | $0.14 | +7.69% |
| 2000-05-10 | Dividend | $0.13 | -17.56% |
| 2000-05-03 | Dividend | $0.16 | +21.31% |
| 2000-02-02 | Dividend | $0.13 | -- |
| 1999-11-10 | Dividend | $0.13 | +21.28% |
| 1999-07-28 | Dividend | $0.11 | -- |
| 1999-04-28 | Dividend | $0.11 | -- |
| 1999-02-03 | Dividend | $0.11 | +9.99% |
| 1998-10-21 | Dividend | $0.10 | -- |
| 1998-07-22 | Dividend | $0.10 | +18.18% |
| 1998-04-22 | Dividend | $0.08 | -- |
| 1998-01-21 | Dividend | $0.08 | -- |
| 1997-10-22 | Dividend | $0.08 | +10.01% |
| 1997-07-23 | Dividend | $0.07 | +100.00% |
| 1997-06-02 | Split | 2-1-for-1 Stock Split | N/A |
| 1997-04-23 | Dividend | $0.07 | -- |
SSB Dividends vs. Peers
SSB's dividend yield currently ranks #55 of 66 vs. its peers in the Mid-Atlantic Regional Banks category.
Looking for More Information on SSB dividends?
Want to see what other sources are saying about SOUTH STATE Corp's dividends? Try the links below:SOUTH STATE Corp Common Stock (SSB) Dividend History | Nasdaq
Dividend History for SOUTH STATE Corp (SSB) - Dividend Investor
SOUTH STATE Corp (SSB) Dividend History - Seeking Alpha