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Sandy Spring Bancorp, Inc. operates as the bank holding company for Sandy Spring Bank that provides commercial and retail banking, mortgage, private banking, and trust services to individuals and businesses. It operates through three segments: Community Banking, Insurance, and Investment Management. The Community Banking segment offers financial products and services, including various loan and deposit products. Its loan products include commercial real estate loans, commercial construction loans, and other commercial loans; residential real estate loans; and consumer loans comprising home equity loans and lines, installment loans, and personal lines of credit. The Insurance segment provides general insurance agency services and annuities, such as commercial, personal, and medical liability lines. The Investment Management segment offers investment management and financial planning, including cash flow analysis, investment review, tax and retirement planning, insurance analysis, and estate planning to individuals, families, small businesses, and associations. It also provides personal trust and wealth management services. The company operates a network of approximately 50 locations in Maryland, Northern Virginia, and Washington D.C. Sandy Spring Bancorp, Inc. was founded in 1868 and is headquartered in Olney, Maryland.

Sandy Spring Bancorp Dividend Announcement

Sandy Spring Bancorp announced a quarterly dividend of $0.34 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-11-14
Sandy Spring Bancorp annual dividend for 2024 was $1.36
Sandy Spring Bancorp annual dividend for 2023 was $1.36
Sandy Spring Bancorp's trailing twelve-month (TTM) dividend yield is 3.51%
Sandy Spring Bancorp's payout ratio for the trailing twelve months (TTM) is 72.04%
Sandy Spring Bancorp's dividend growth over the last five years (2018-2023) was 4.33% year
Sandy Spring Bancorp's dividend growth over the last ten years (2013-2023) was 7.83% year

Sandy Spring Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-14$0.34quarterly2024-11-21
2024-08-14$0.34quarterly2024-08-21
2024-05-07$0.34quarterly2024-05-15
2024-02-13$0.34quarterly2024-02-21
2023-11-07$0.34quarterly2023-11-15
2023-08-08$0.34quarterly2023-08-16
2023-05-09$0.34quarterly2023-05-17
2023-02-07$0.34quarterly2023-02-15
2022-11-08$0.34quarterly2022-11-16
2022-08-09$0.34quarterly2022-08-17
2022-05-10$0.34quarterly2022-05-18
2022-02-17$0.34quarterly2022-02-28
2021-11-09$0.32quarterly2021-11-17
2021-08-10$0.32quarterly2021-08-18
2021-05-11$0.32quarterly2021-05-19
2021-02-16$0.32quarterly2021-02-24
2020-11-09$0.30quarterly2020-11-18
2020-08-11$0.30quarterly2020-08-19
2020-05-12$0.30quarterly2020-05-20
2020-02-11$0.30quarterly2020-02-19
2019-11-12$0.30quarterly2019-11-20
2019-08-13$0.30quarterly2019-08-21
2019-05-07$0.30quarterly2019-05-15
2019-02-12$0.28quarterly2019-02-20
2018-11-13$0.28quarterly2018-11-21
2018-08-07$0.28quarterly2018-08-15
2018-05-08$0.28quarterly2018-05-16
2018-02-13$0.26quarterly2018-02-21
2017-11-07$0.26quarterly2017-11-15
2017-08-07$0.26quarterly2017-08-16
2017-05-08$0.26quarterly2017-05-17
2017-02-07$0.26quarterly2017-02-15
2016-11-07$0.26quarterly2016-11-16
2016-08-08$0.24quarterly2016-08-17
2016-05-09$0.24quarterly2016-05-18
2016-02-08$0.24quarterly2016-02-17
2015-11-06$0.24quarterly2015-11-18
2015-08-10$0.22quarterly2015-08-19
2015-05-11$0.22quarterly2015-05-20
2015-02-09$0.22quarterly2015-02-18
2014-11-07$0.20quarterly2014-11-19
2014-08-11$0.20quarterly2014-08-20
2014-05-12$0.18quarterly2014-05-21
2014-02-10$0.18quarterly2014-02-19
2013-11-08$0.18quarterly2013-11-20
2013-08-12$0.16quarterly2013-08-21
2013-05-06$0.16quarterly2013-05-15
2013-02-11$0.14quarterly2013-02-20

Sandy Spring Bancorp Dividend per year

Sandy Spring Bancorp Dividend growth

Sandy Spring Bancorp Dividend Yield

Sandy Spring Bancorp current trailing twelve-month (TTM) dividend yield is 3.51%. Interested in purchasing Sandy Spring Bancorp stock? Use our calculator to estimate your expected dividend yield:

Sandy Spring Bancorp Financial Ratios

P/E ratio20.39
PEG ratio2.79
P/B ratio1.07
ROE5.34%
Payout ratio72.04%
Current ratio0.27
Quick ratio0.27
Cash Ratio0.25

Sandy Spring Bancorp Dividend FAQ

How much is the next Sandy Spring Bancorp dividend?
Sandy Spring Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sandy Spring Bancorp dividend. The next Sandy Spring Bancorp dividend will be released in February, May, August, or November.
When is Sandy Spring Bancorp dividend paid?
Sandy Spring Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sandy Spring Bancorp pay?
The specific amount of Sandy Spring Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sandy Spring Bancorp's dividend history.
Does Sandy Spring Bancorp stock pay dividends?
Yes, Sandy Spring Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sandy Spring Bancorp's dividend history.
How much dividend does Sandy Spring Bancorp pay?
Sandy Spring Bancorp paid $1.36 in 2024, $1.36 in 2023, $1.36 in 2022, $1.28 in 2021, and $1.2 in 2020.
How often does Sandy Spring Bancorp pay dividends?
Sandy Spring Bancorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Sandy Spring Bancorp's dividend yield?
The current dividend yield for Sandy Spring Bancorp is 3.51%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sandy Spring Bancorp's exact dividend yield.
When does Sandy Spring Bancorp go ex dividend?
Sandy Spring Bancorp's ex-dividend date for the latest dividend was on 2024-11-14. Sandy Spring Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sandy Spring Bancorp dividend paid?
Sandy Spring Bancorp pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Sandy Spring Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sandy Spring Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sandy Spring Bancorp dividend per share?
Sandy Spring Bancorp paid $1.36 per share in 2024 and $1.36 per share in 2023. The amount of dividend per share that Sandy Spring Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sandy Spring Bancorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Sandy Spring Bancorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Sandy Spring Bancorp a dividend stock?
Yes, Sandy Spring Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sandy Spring Bancorp a good dividend stock?
Whether Sandy Spring Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sandy Spring Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sandy Spring Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Sandy Spring Bancorp pay dividends monthly?
Sandy Spring Bancorp typically pays dividends on a quarterly basis.
Does Sandy Spring Bancorp pay dividends quarterly?
Sandy Spring Bancorp currently pays dividends on a quarterly basis.
Has Sandy Spring Bancorp ever paid a dividend?
Yes, Sandy Spring Bancorp has a history of paying dividends to its shareholders. Sandy Spring Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sandy Spring Bancorp dividend stocks?
To buy Sandy Spring Bancorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Sandy Spring Bancorp stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Sandy Spring Bancorp pay dividends 2024?
Sandy Spring Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sandy Spring Bancorp increase its dividend in 2024?
Decisions regarding Sandy Spring Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sandy Spring Bancorp dividend overview you can look into the above table of dividend history.
How Sandy Spring Bancorp dividend works?
The Sandy Spring Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sandy Spring Bancorp's dividend process works:

1. Determination of Dividend: Sandy Spring Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Sandy Spring Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Sandy Spring Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Sandy Spring Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Sandy Spring Bancorp dividends paid?
Sandy Spring Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Sandy Spring Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Sandy Spring Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Sandy Spring Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Sandy Spring Bancorp pay dividends?
Sandy Spring Bancorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sandy Spring Bancorp pay dividends?
The general pattern is that Sandy Spring Bancorp pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sandy Spring Bancorp dividend safe?
The safety of Sandy Spring Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Sandy Spring Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Sandy Spring Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.