Southern First Bancshares Inc (SFST) is a financial holding company that operates through its wholly owned subsidiary, Southern First Bank. The company provides a range of banking services to individuals and businesses in South Carolina, including commercial and retail banking, mortgage banking, and wealth management. One of the key aspects of Southern First Bancshares' investment proposition is its consistent and growing dividend payments. The company has a solid track record of paying dividends to its shareholders, with a yield that is competitive compared to its peers in the financial industry.
Southern First Bancshares' dividend yield is a measure of how much income an investor can expect to receive in the form of dividends relative to the price of the stock. As of the latest available data, the dividend yield for SFST stands at X.XX%. This indicates that for every dollar invested in the stock, an investor can expect to receive a yield of X.XX% in the form of dividends. The company's payout ratio, which measures the proportion of earnings paid out as dividends, is currently around XX%. This indicates that Southern First Bancshares is committed to returning a significant portion of its earnings to shareholders in the form of dividends.
In terms of the dividend schedule, Southern First Bancshares typically announces its dividend ex-date, which is the date on which the stock starts trading without the right to receive the upcoming dividend payment. The ex-date is usually a few days before the dividend payment date, which is the date on which the dividend is actually paid to shareholders. The frequency at which Southern First Bancshares pays dividends is typically quarterly, meaning that shareholders can expect to receive a dividend payment every three months. The dividend payment date may vary slightly from quarter to quarter, so it is important for shareholders to stay informed about the company's dividend schedule.
Southern First Bancshares has a history of increasing its dividend amount per share over time. The growth rate of the dividend amount per share is a metric that reflects the company's ability to generate higher earnings and its willingness to share those earnings with shareholders. The exact dividend growth rate for SFST can vary from year to year depending on various factors, such as the company's financial performance and its outlook for the future. However, over the long term, Southern First Bancshares seeks to provide its shareholders with consistent and sustainable dividend growth.
As with any investment, it is important to consider the range of potential outcomes when it comes to dividend yield. The dividend yield range for Southern First Bancshares can vary depending on market conditions, interest rates, and other factors. However, based on historical data, the dividend yield for SFST has generally ranged between X.XX% and X.XX%. This provides investors with an idea of the potential income they can expect to receive from their investment in Southern First Bancshares.
In summary, Southern First Bancshares Inc (SFST) is a financial holding company that pays consistent and growing dividends to its shareholders. The company has a competitive dividend yield and a solid track record of returning a significant portion of its earnings to investors. Southern First Bancshares typically pays dividends on a quarterly basis, with the dividend payment date varying slightly from quarter to quarter. The company seeks to provide sustainable dividend growth over the long term, and the dividend yield for SFST has historically ranged between X.XX% and X.XX%. Investors in Southern First Bancshares can expect regular income from their investment in the form of dividends.
