CSIMarket
 


Sandy Spring Bancorp Inc   (SASR)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial

 

SASR's Dividend Pay out ratio over the 12 Months Period

Cumulative by Quarter, Trailing twelve months


Sandy Spring Bancorp Inc 12 Months dividend pay out ratio, in the first quarter 2024, sequentially increased to 66.78% in the first quarter 2024, SASR's commitment to shareholders remain strong.

Within Financial sector 132 other companies have achieved higher 12 Months dividend pay out ratio. While in terms of ranking among all other companies, the company has moved form 174 in the forth quarter 2023, to 294.


Dividend in Glossary



Cumulative Dividend Pay out Ratio I. Quarter
(Mar 31 2024)
IV. Quarter
(Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
SASR's Pay out Ratio (TTM) 66.78 % 49.88 % 46.69 % 42.45 % 35.19 %
SASR's Dividend Pay out Ratio Total Ranking # 294 # 174 # 349 # 587 # 0

  News about Sandy Spring Bancorp Inc Dividends

Catchy Sandy Spring Bancorp: Rewarding Shareholders and Driving Economic Growth with Quarterly Dividend

Sandy Spring Bancorp Declares Quarterly Dividend Amidst Solid Performance and Robust Financial Results
OLNEY, Md., April 25, 2024 - Sandy Spring Bancorp, Inc. (Nasdaq- SASR), the renowned parent company of Sandy Spring Bank, has recently declared a quarterly common stock dividend of $0.34 per share, payable on May 15, 2024. The announcement was made following a series of impressive financial achievements, demonstrating the bank's commitment to delivering value to its shareholders.
This dividend payment is consistent with the previous quarter and the second quarter of 2023, clearly showing the company's consistent and reliable approach in rewarding its investors in an ever-evolving financial market.

Sandy Spring Bancorp Maintains Consistent Dividend amidst Promising Financial Performance



Sandy Spring Bancorp, Inc., the parent company of Sandy Spring Bank, recently declared a quarterly common stock dividend of $0.34 per share. This announcement reinforces the stability and consistent performance of the company within the financial sector. With its dividend payout ratio remaining below average, Sandy Spring Bancorp Inc has room for further growth and potential to outperform its peers.

1. Background and Key Announcement:
Sandy Spring Bancorp, Inc., the parent company of Sandy Spring Bank, has announced a quarterly common stock dividend of $0.34 per share. This dividend payment will be made on February 21, 2024, to shareholders of record on February 14, 2024. The decision to maintain the dividend at the same level as the previous quarter and the first quarter of 2023 reflects the company's stable financial performance and commitment to rewarding its shareholders.