SSB Dividend Dates 2023

Company Description

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies.

It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits.

The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans.

In addition, it provides debit card, mobile and funds transfer products, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services.

Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust and asset management services; and credit cards, letters of credit, and home equity lines of credit.

As of December 31, 2021, it served customers through 281 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. SouthState Corporation also serves its customers through online, mobile, and telephone banking platforms.

The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

For a company founded more than 50 years ago is considered to be fairly old in the share market. South State has 5,074 employees. For more information about this company, please visit their website.

Analysis

We believe using more recent dividend history can provide better dividend analysis for a company.

The most recent SSB dividend details are as follows:
The dividend will be payable on MAY 19, 2023, to stockholders of record on MAY 12, 2023, with an ex-dividend date of MAY 11, 2023. This dividend is $0.500.
There is no change from the prior dividend.

Based on our analysis, from NOV 14, 2012, SSB pays dividend 43 times.
Total dividend paid so far is $15.08. Average dividend is $0.35.
Maximum dividend is $0.50 while minimum dividend is $0.18.

Dividend Forecast

According to recent data, over last 11 years, SSB pays dividend consistently 43 times. In terms of dividend payment consistency, we rate it ten out of ten, which means the future dividend payment is fairly predictable and reliable. If investors are looking for dividend stocks, this could be one of the good indicators. On the other hand, frequent dividend payment during the year means investors don’t need to wait for too long to get dividend payment. It is good for someone lives on stock dividends as a source of income.

Compared with other stocks

Another way to look at a stock’s dividend is to compare it to a peer company’s dividend. If two stocks are in the same industry and have a similar market capitalisation, then they are considered similar.

Code MarketCap(M) Last Dividend
CATC 577 $0.670
SWX 5,780 $0.620
FAF 5,780 $0.520
SSB 5,780 $0.500
FIS 57,910 $0.470
FFIN 5,780 $0.170
SCVL 576 $0.090
ADT 5,770 $0.035
GMED 5,770 $0.000
VEDU 58 $0.000
AFRM 5,780 $0.000
BORR 580 $0.000

As can be seen from the comparison table above, SSB ranks number four in this group of twelve stocks with the latest dividend of $0.500.

Dividend History

Ex-Dividend Date Dividend Payment Date Record Date
11/05/2023 $0.5 19/05/2023 12/05/2023
09/02/2023 $0.5 17/02/2023 10/02/2023
09/11/2022 $0.5 18/11/2022 11/11/2022
11/08/2022 $0.5 19/08/2022 12/08/2022
12/05/2022 $0.49 20/05/2022 13/05/2022
10/02/2022 $0.49 18/02/2022 11/02/2022
10/11/2021 $0.49 19/11/2021 12/11/2021
11/08/2021 $0.49 19/08/2021 12/08/2021
13/05/2021 $0.47 21/05/2021 14/05/2021
11/02/2021 $0.47 19/02/2021 12/02/2021
12/11/2020 $0.47 20/11/2020 13/11/2020
13/08/2020 $0.47 21/08/2020 14/08/2020
07/05/2020 $0.47 15/05/2020 08/05/2020
06/02/2020 $0.47 14/02/2020 07/02/2020
07/11/2019 $0.46 15/11/2019 08/11/2019
08/08/2019 $0.43 16/08/2019 09/08/2019
09/05/2019 $0.4 17/05/2019 10/05/2019
14/02/2019 $0.38 22/02/2019 15/02/2019
08/11/2018 $0.36 16/11/2018 09/11/2018
16/08/2018 $0.35 24/08/2018 17/08/2018
10/05/2018 $0.34 18/05/2018 11/05/2018
08/02/2018 $0.33 16/02/2018 09/02/2018
09/11/2017 $0.33 17/11/2017 10/11/2017
09/08/2017 $0.33 18/08/2017 11/08/2017
10/05/2017 $0.33 19/05/2017 12/05/2017

SSB Dividend Growth Chart

A picture is better than thousands of words. The following chart shows you SSB dividend growth over the years.