Ballston Spa Bancorp, Inc.
BSPAFinancial Services · Stock · quarterly payer
Forward Yield
1.61%
Annual Dividend
$1.32
Payout Ratio
60%
5-Yr Growth
0.0%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Summary
As of September 2026, Ballston Spa Bancorp, Inc. (BSPA) yields 1.61% ($1.32 per share annually), with a blended fair-value estimate of $131.72 — +61% upside, so it screens as undervalued. Dividend safety grade: A (92/100).
Is BSPA a good dividend stock?
YesBallston Spa Bancorp, Inc. (BSPA) pays a quarterly dividend yielding 1.61% ($1.32/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- 71% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.61%
- Payout Ratio
- 60%
- Annual Dividend
- $1.32
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.13
- Market Cap
- $60.9M
- P/E Ratio
- 37.4
- 5-Yr Total Return
- 71%
- 52-Week Range
- $65.08 – $82.92
- Dividend Safety
- A · 92/100
- Ever Cut?
- No
Frequently Asked Questions
BSPA Price — Last 12 Months
Daily close
Price Return
1 Year
+7%
3 Years
+60%
5 Years
+71%
52-Week Range
$65.08 – $82.92
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BSPA worth?
Undervaluedlow confidenceOur blended fair-value estimate for Ballston Spa Bancorp, Inc. is $131.72 per share, versus a market price of $82.00. That implies 61% of upside — a margin of safety of about 38%.
Fair Value
$131.72
Current Price
$82.00
Upside
+61%
Margin of Safety
38%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 0.0% stage-1 growth, 2.5% terminal growth, $2.19 EPS, $1.32 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BSPA Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 1, 2026 | — | $0.3300 | regular |
| Jun 1, 2026 | — | $0.3300 | regular |
| Mar 3, 2026 | — | $0.3300 | regular |
| Dec 2, 2025 | — | $0.3300 | regular |
| Sep 3, 2025 | — | $0.3300 | regular |
| Jun 3, 2025 | — | $0.3300 | regular |
| Mar 3, 2025 | — | $0.3300 | regular |
| Dec 2, 2024 | — | $0.3300 | regular |
| Sep 3, 2024 | — | $0.3300 | regular |
| Jun 3, 2024 | — | $0.3300 | regular |
| Mar 1, 2024 | — | $0.3300 | regular |
| Dec 1, 2023 | — | $0.3300 | regular |
| Sep 1, 2023 | — | $0.3300 | regular |
| Jun 2, 2023 | — | $0.3300 | regular |
Income Calculator
At $1.32 / yr per share
