STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$1.36
Forward Annual Dividend Rate
$1.36
Yield
Trailing Annual Dividend Yield
4.85%
Forward Annual Dividend Yield
1.22%
Dividend Date
Dividend Date
Feb 19, 2025
Ex-dividend Date
Feb 12, 2025
4.24 %
-132.06
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Jan 30, 2025 | 0.34 | Feb 12, 2025 | Feb 12, 2025 | Feb 19, 2025 |
| Oct 31, 2024 | 0.34 | Nov 14, 2024 | Nov 14, 2024 | Nov 21, 2024 |
| Aug 01, 2024 | 0.34 | Aug 14, 2024 | Aug 14, 2024 | Aug 21, 2024 |
| Apr 25, 2024 | 0.34 | May 07, 2024 | May 08, 2024 | May 15, 2024 |
| Jan 31, 2024 | 0.34 | Feb 13, 2024 | Feb 14, 2024 | Feb 21, 2024 |
| Oct 26, 2023 | 0.34 | Nov 07, 2023 | Nov 08, 2023 | Nov 15, 2023 |
| Jul 27, 2023 | 0.34 | Aug 08, 2023 | Aug 09, 2023 | Aug 16, 2023 |
| Apr 27, 2023 | 0.34 | May 09, 2023 | May 10, 2023 | May 17, 2023 |
| Jan 26, 2023 | 0.34 | Feb 07, 2023 | Feb 08, 2023 | Feb 15, 2023 |
| Oct 27, 2022 | 0.34 | Nov 08, 2022 | Nov 09, 2022 | Nov 16, 2022 |
| Jul 28, 2022 | 0.34 | Aug 09, 2022 | Aug 10, 2022 | Aug 17, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Dec 21, 2001 | 3:2 | +1.21% | +0.41% |
| Feb 24, 1998 | 2:1 | 0 | 0 |
| Apr 19, 1995 | 3:1 | 0 | 0 |
Frequently Asked Questions
Is Sandy Spring Bancorp, Inc. (SASR) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Sandy Spring Bancorp, Inc. is also among the companies that regularly pay dividends.
What is SASR's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. SASR's annual dividend yield for the trailing 12 months is 4.85.
When did SASR last pay a dividend?
SASR last paid dividends on 2025-02-19, with the ex-dividend date being 2025-02-12.
When was the last time SASR stock split?
SASR stock split took place on 21-12-2001.
How did SASR's stock split work?
Its last split took place on Dec 21, 2001, when Sandy Spring Bancorp, Inc. went through a 3:2 split leaving the shareholder with 3 share(s) who previously owned 2 SASR share(s).