SSBI STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
SSBI Dividend History
SSBI Stock Split History
Frequently Asked Questions
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Summit State Bank is also among the companies that regularly pay dividends.
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. SSBI's annual dividend yield for the trailing 12 months is 6.00.
SSBI last paid dividends on 2024-10-10, with the ex-dividend date being 2024-10-03.
SSBI stock split took place on 2021-10-28.
Its last split took place on Oct 28, 2021, when Summit State Bank went through a 11:10 split leaving the shareholder with 11 share(s) who previously owned 10 SSBI share(s).