Supporting Shareholders through Changes: SB Finl Gr Ensures Stable Distribution amidst Decreased Profits

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By the end of today, February 23, 2024, SB Finl Gr SBFG is set to deliver a dividend payout of $0.14 per share, equating to an annualized dividend yield of 3.59%. Shareholders who owned the stock prior to the ex-dividend date on February 08, 2024 will receive this payout.

SB Finl Gr Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2024-02-08 4 $0.14 3.59% 2024-01-17 2024-02-09 2024-02-23
2023-11-09 4 $0.14 4.22% 2023-10-20 2023-11-10 2023-11-24
2023-08-10 4 $0.13 3.85% 2023-07-25 2023-08-11 2023-08-25
2023-05-11 4 $0.13 3.69% 2023-04-21 2023-05-12 2023-05-26
2023-02-09 4 $0.12 3.03% 2023-01-24 2023-02-10 2023-02-24
2022-11-09 4 $0.12 2.92% 2022-10-21 2022-11-10 2022-11-25
2022-08-11 4 $0.12 2.82% 2022-07-25 2022-08-12 2022-08-26
2022-05-12 4 $0.12 2.42% 2022-04-26 2022-05-13 2022-05-27
2022-02-10 4 $0.12 2.33% 2022-01-21 2022-02-11 2022-02-25
2021-11-10 4 $0.11 2.5% 2021-10-22 2021-11-12 2021-11-26
2021-08-12 4 $0.1 2.31% 2021-07-26 2021-08-13 2021-08-27
2021-05-13 4 $0.1 2.45% 2021-05-12 2021-05-14 2021-05-28

When comparing SB Finl Gr's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Territorial Bancorp TBNK having the highest annualized dividend yield at 6.18%.

Analyzing SB Finl Gr Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

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YoY Growth in Dividend Per Share

Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $0.38 to $0.52, indicating the company's dedication to enhancing shareholder value through increased dividends.

YoY Earnings Growth For SB Finl Gr

The earnings chart above reveals a decrease in SB Finl Gr's earnings per share, declining from $1.97 in 2020 to $1.68 in 2023. This could raise concerns for income-seeking investors, as it suggests a decline in the company's profitability. It is crucial to closely monitor the situation and assess the factors contributing to this decrease, as it may have implications for future cash dividend payouts.

Recap

This article provides an in-depth analysis of SB Finl Gr's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.14 per share, resulting in an annualized dividend yield of 3.59%.

When comparing SB Finl Gr's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Territorial Bancorp having the highest annualized dividend yield at 6.18%.

Considering the increase in dividend per share from 2020 to 2023 alongside a decrease in earnings per share, SB Finl Gr appears to be focusing on maintaining dividend payments even with a decline in profitability.

Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.

[See current stock movements SB Finl Gr on Benzinga.](https://www.benzinga.com/quote/SB Finl Gr (NASDAQ: SBFG))

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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