Sierra Bancorp operates as the bank holding company for Bank of the Sierra that provides retail and commercial banking services to individuals and businesses in California. The company accepts various deposit products, such as checking accounts, savings accounts, money market demand accounts, time deposits, retirement accounts, and sweep accounts. Its loan products include agricultural, commercial, consumer, real estate, construction, and mortgage loans. The company also offers automated teller machines; electronic point-of-sale payment alternatives; online and automated telephone banking services; and remote deposit capture and automated payroll services for business customers. As of December 31, 2021, it operated 35 full-service branches, an online branch, a loan production office, an agricultural credit center, and an SBA center. Sierra Bancorp was founded in 1977 and is headquartered in Porterville, California.
Sierra Bancorp Dividend Announcement
• Sierra Bancorp announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-10-31
• Sierra Bancorp annual dividend for 2024 was $0.94
• Sierra Bancorp annual dividend for 2023 was $0.92
• Sierra Bancorp's trailing twelve-month (TTM) dividend yield is 4.17%
• Sierra Bancorp's payout ratio for the trailing twelve months (TTM) is 37.02%
• Sierra Bancorp's dividend growth over the last five years (2018-2023) was 7.53% year
• Sierra Bancorp's dividend growth over the last ten years (2013-2023) was 13.47% year
Sierra Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | $0.24 | quarterly | 2024-11-12 |
2024-07-31 | $0.24 | quarterly | 2024-08-15 |
2024-04-29 | $0.23 | quarterly | 2024-05-13 |
2024-01-30 | $0.23 | quarterly | 2024-02-12 |
2023-10-30 | $0.23 | quarterly | 2023-11-14 |
2023-07-28 | $0.23 | quarterly | 2023-08-14 |
2023-04-28 | $0.23 | quarterly | 2023-05-12 |
2023-01-30 | $0.23 | quarterly | 2023-02-13 |
2022-10-28 | $0.23 | quarterly | 2022-11-14 |
2022-07-29 | $0.23 | quarterly | 2022-08-15 |
2022-04-29 | $0.23 | quarterly | 2022-05-12 |
2022-01-28 | $0.23 | quarterly | 2022-02-14 |
2021-10-28 | $0.22 | quarterly | 2021-11-11 |
2021-07-29 | $0.22 | quarterly | 2021-08-12 |
2021-04-28 | $0.21 | quarterly | 2021-05-12 |
2021-01-28 | $0.21 | quarterly | 2021-02-12 |
2020-10-29 | $0.20 | quarterly | 2020-11-12 |
2020-07-30 | $0.20 | quarterly | 2020-08-13 |
2020-04-29 | $0.20 | quarterly | 2020-05-13 |
2020-01-29 | $0.20 | quarterly | 2020-02-13 |
2019-10-30 | $0.19 | quarterly | 2019-11-14 |
2019-07-31 | $0.19 | quarterly | 2019-08-15 |
2019-05-01 | $0.18 | quarterly | 2019-05-16 |
2019-01-30 | $0.18 | quarterly | 2019-02-14 |
2018-10-31 | $0.16 | quarterly | 2018-11-15 |
2018-08-01 | $0.16 | quarterly | 2018-08-16 |
2018-05-02 | $0.16 | quarterly | 2018-05-17 |
2018-01-31 | $0.16 | quarterly | 2018-02-15 |
2017-11-01 | $0.14 | quarterly | 2017-11-16 |
2017-08-01 | $0.14 | quarterly | 2017-08-17 |
2017-05-02 | $0.14 | quarterly | 2017-05-18 |
2017-01-31 | $0.14 | quarterly | 2017-02-16 |
2016-11-01 | $0.12 | quarterly | 2016-11-17 |
2016-08-02 | $0.12 | quarterly | 2016-08-18 |
2016-05-03 | $0.12 | quarterly | 2016-05-19 |
2016-02-02 | $0.12 | quarterly | 2016-02-18 |
2015-10-27 | $0.11 | quarterly | 2015-11-12 |
2015-07-28 | $0.11 | quarterly | 2015-08-13 |
2015-04-28 | $0.10 | quarterly | 2015-05-14 |
2015-01-27 | $0.10 | quarterly | 2015-02-12 |
2014-10-28 | $0.09 | quarterly | 2014-11-13 |
2014-07-29 | $0.09 | quarterly | 2014-08-14 |
2014-04-29 | $0.08 | quarterly | 2014-05-15 |
2014-01-28 | $0.08 | quarterly | 2014-02-13 |
2013-10-29 | $0.07 | quarterly | 2013-11-14 |
2013-07-30 | $0.07 | quarterly | 2013-08-15 |
2013-04-30 | $0.06 | quarterly | 2013-05-16 |
2013-01-29 | $0.06 | quarterly | 2013-02-14 |
Sierra Bancorp Dividend per year
Sierra Bancorp Dividend growth
Sierra Bancorp Dividend Yield
Sierra Bancorp current trailing twelve-month (TTM) dividend yield is 4.17%. Interested in purchasing Sierra Bancorp stock? Use our calculator to estimate your expected dividend yield:
Sierra Bancorp Financial Ratios
Sierra Bancorp Dividend FAQ
Other factors to consider when evaluating Sierra 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.
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1. Determination of Dividend: Sierra 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, Sierra 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, Sierra 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 Sierra 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.
1. Record Date: Sierra 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, Sierra 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: Sierra 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.
To assess the safety of Sierra 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 Sierra 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.