Summit State Bank

Bank & Financial Stocks Best Dividend Stocks Highest Dividend Yield

$12.92

+0.00 (+0.00%)

As of Aug 18, 10:16 PM ET ·

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$12.92

Dividend Income Calculator

If you invest $10,000 in SSBI at $12.92/share

Monthly

$18.00

Quarterly

$54.01

Annually

$216.05

773 shares Based on current price of $12.92 per share

To earn $100/month in dividends

You would need 4,294 shares

$55,478.48

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%	$23.21
IBN ICICI Bank Limited	0.86%	$9.96	13.8%	$29.62
JPM JPMorgan Chase & Co	1.65%	$6.05	29.1%	$363.25
BAC Bank of America Corp	2.00%	$1.29	31.3%	$64.23
RY Royal Bank Of Canada	2.35%	$6.25	43.2%	$212.99
TD Toronto-Dominion Bank	2.52%	$4.46	37.3%	$121.97
WFC Wells Fargo & Co	2.27%	$2.03	30.4%	$87.40
C Citigroup Inc	1.93%	$2.96	37.6%	$137.65
BMO Bank Of Montreal	2.67%	$7.00	57.8%	$182.57
CM Can Imperial Bk Of Commerce	2.51%	$4.27	47.4%	$121.64