Summit State Bank

Bank & Financial Stocks Best Dividend Stocks Highest Dividend Yield

$13.50

-0.14 (-1.03%)

Dividend Overview

3.74%

Dividend Yield

+2.44% vs S&P 500 avg

$0.28

Annual Dividend

Per Payment$0.07

Frequencyquarterly

Payout Ratio18.9%

Ex-Dividend—

Pay Date—

Stock Price$13.50

Dividend Income Calculator

If you invest $10,000 in SSBI at $13.50/share

Monthly

$17.24

Quarterly

$51.71

Annually

$206.83

740 shares Based on current price of $13.50 per share

To earn $100/month in dividends

You would need 4,294 shares

$57,969.00

investment needed

Dividend Safety

Safe 18.9% payout ratio

Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Banking

Stock	Yield	Annual Div	Payout Ratio	Price
HDB HDFC Bank Limited	1.38%	$12.95	20.9%	$24.58
IBN ICICI Bank Limited	0.86%	$9.96	13.8%	$25.71
JPM JPMorgan Chase & Co	2.00%	$6.05	29.1%	$301.71
RY Royal Bank Of Canada	2.60%	$6.25	43.2%	$183.53
BAC Bank of America Corp	2.25%	$1.29	31.3%	$50.70
TD Toronto-Dominion Bank	2.87%	$4.46	37.3%	$107.91
WFC Wells Fargo & Co	2.27%	$2.03	30.4%	$74.55
C Citigroup Inc	1.92%	$2.96	37.6%	$119.97
BMO Bank Of Montreal	3.18%	$7.00	57.8%	$154.10
CM Can Imperial Bk Of Commerce	2.79%	$4.27	47.4%	$112.23