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.
SouthState Dividend Announcement
• SouthState announced a quarterly dividend of $0.54 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-11-08
• SouthState annual dividend for 2024 was $2.12
• SouthState annual dividend for 2023 was $2.04
• SouthState's trailing twelve-month (TTM) dividend yield is 1.89%
• SouthState's payout ratio for the trailing twelve months (TTM) is 32.44%
• SouthState's dividend growth over the last five years (2018-2023) was 8.13% year
• SouthState's dividend growth over the last ten years (2013-2023) was 10.67% year
SouthState Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-08 | $0.54 | quarterly | 2024-11-15 |
| 2024-08-09 | $0.54 | quarterly | 2024-08-16 |
| 2024-05-09 | $0.52 | quarterly | 2024-05-17 |
| 2024-02-08 | $0.52 | quarterly | 2024-02-16 |
| 2023-11-09 | $0.52 | quarterly | 2023-11-17 |
| 2023-08-10 | $0.52 | quarterly | 2023-08-18 |
| 2023-05-11 | $0.50 | quarterly | 2023-05-19 |
| 2023-02-09 | $0.50 | quarterly | 2023-02-17 |
| 2022-11-09 | $0.50 | quarterly | 2022-11-18 |
| 2022-08-11 | $0.50 | quarterly | 2022-08-19 |
| 2022-05-12 | $0.49 | quarterly | 2022-05-20 |
| 2022-02-10 | $0.49 | quarterly | 2022-02-18 |
| 2021-11-10 | $0.49 | quarterly | 2021-11-19 |
| 2021-08-11 | $0.49 | quarterly | 2021-08-19 |
| 2021-05-13 | $0.47 | quarterly | 2021-05-21 |
| 2021-02-11 | $0.47 | quarterly | 2021-02-19 |
| 2020-11-12 | $0.47 | quarterly | 2020-11-20 |
| 2020-08-13 | $0.47 | quarterly | 2020-08-21 |
| 2020-05-07 | $0.47 | quarterly | 2020-05-15 |
| 2020-02-06 | $0.47 | quarterly | 2020-02-14 |
| 2019-11-07 | $0.46 | quarterly | 2019-11-15 |
| 2019-08-08 | $0.43 | quarterly | 2019-08-16 |
| 2019-05-09 | $0.40 | quarterly | 2019-05-17 |
| 2019-02-14 | $0.38 | quarterly | 2019-02-22 |
| 2018-11-08 | $0.36 | quarterly | 2018-11-16 |
| 2018-08-16 | $0.35 | quarterly | 2018-08-24 |
| 2018-05-10 | $0.34 | quarterly | 2018-05-18 |
| 2018-02-08 | $0.33 | quarterly | 2018-02-16 |
| 2017-11-09 | $0.33 | quarterly | 2017-11-17 |
| 2017-08-09 | $0.33 | quarterly | 2017-08-18 |
| 2017-05-10 | $0.33 | quarterly | 2017-05-19 |
| 2017-02-15 | $0.33 | quarterly | 2017-02-24 |
| 2016-11-08 | $0.32 | quarterly | 2016-11-18 |
| 2016-08-10 | $0.31 | quarterly | 2016-08-19 |
| 2016-05-11 | $0.30 | quarterly | 2016-05-20 |
| 2016-02-10 | $0.28 | quarterly | 2016-02-19 |
| 2015-11-10 | $0.26 | quarterly | 2015-11-20 |
| 2015-08-12 | $0.25 | quarterly | 2015-08-21 |
| 2015-05-20 | $0.24 | quarterly | 2015-05-29 |
| 2015-02-11 | $0.23 | quarterly | 2015-02-20 |
| 2014-11-12 | $0.22 | quarterly | 2014-11-21 |
| 2014-08-13 | $0.21 | quarterly | 2014-08-22 |
| 2014-05-14 | $0.20 | quarterly | 2014-05-23 |
| 2014-02-12 | $0.19 | quarterly | 2014-02-21 |
| 2013-11-13 | $0.19 | quarterly | 2013-11-22 |
| 2013-08-14 | $0.19 | quarterly | 2013-08-23 |
| 2013-05-15 | $0.18 | quarterly | 2013-05-24 |
| 2013-02-13 | $0.18 | quarterly | 2013-02-22 |
SouthState Dividend per year
SouthState Dividend growth
SouthState Dividend Yield
SouthState current trailing twelve-month (TTM) dividend yield is 1.89%. Interested in purchasing SouthState stock? Use our calculator to estimate your expected dividend yield:
SouthState Financial Ratios
P/E ratio17.17
PEG ratio0.21
P/B ratio1.45
ROE8.79%
Payout ratio32.44%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
SouthState Dividend FAQ
How much is the next SouthState dividend?
SouthState's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SouthState dividend. The next SouthState dividend will be released in February, May, August, or November.
When is SouthState dividend paid?
SouthState 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 SouthState pay?
The specific amount of SouthState 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 SouthState's dividend history.
Does SouthState stock pay dividends?
Yes, SouthState 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 SouthState's dividend history.
How much dividend does SouthState pay?
SouthState paid $2.12 in 2024, $2.04 in 2023, $1.98 in 2022, $1.92 in 2021, and $1.88 in 2020.
How often does SouthState pay dividends?
SouthState 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 SouthState's dividend yield?
The current dividend yield for SouthState is 1.89%. 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 SouthState's exact dividend yield.
When does SouthState go ex dividend?
SouthState's ex-dividend date for the latest dividend was on 2024-11-08. SouthState 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 SouthState dividend paid?
SouthState pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will SouthState 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 SouthState 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 SouthState dividend per share?
SouthState paid $2.12 per share in 2024 and $2.04 per share in 2023. The amount of dividend per share that SouthState 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 SouthState 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 SouthState 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 SouthState a dividend stock?
Yes, SouthState is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SouthState a good dividend stock?
Whether SouthState is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SouthState has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating SouthState 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.
Other factors to consider when evaluating SouthState 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 SouthState pay dividends monthly?
SouthState typically pays dividends on a quarterly basis.
Does SouthState pay dividends quarterly?
SouthState currently pays dividends on a quarterly basis.
Has SouthState ever paid a dividend?
Yes, SouthState has a history of paying dividends to its shareholders. SouthState is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SouthState dividend stocks?
To buy SouthState 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 SouthState 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.
Place an order: Use the brokerage's trading platform to place an order to buy SouthState 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 SouthState pay dividends 2024?
SouthState pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-15. 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 SouthState increase its dividend in 2024?
Decisions regarding SouthState 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 SouthState dividend overview you can look into the above table of dividend history.
How SouthState dividend works?
The SouthState 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 SouthState's dividend process works:
1. Determination of Dividend: SouthState'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, SouthState 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, SouthState 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 SouthState 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. Determination of Dividend: SouthState'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, SouthState 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, SouthState 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 SouthState 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 SouthState dividends paid?
SouthState dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: SouthState 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, SouthState distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SouthState 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.
1. Record Date: SouthState 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, SouthState distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SouthState 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 SouthState pay dividends?
SouthState 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 SouthState pay dividends?
The general pattern is that SouthState 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 SouthState dividend safe?
The safety of SouthState'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 SouthState'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 SouthState'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.
To assess the safety of SouthState'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 SouthState'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.