SmarterDividends
SPFI

South Plains Financial, Inc.

SPFI

Financial Services · Stock · quarterly payer

Forward Yield

1.66%

Annual Dividend

$0.68

Payout Ratio

18%

5-Yr Growth

38.9%

Ex-Date

Apr 27, 2026

Frequency

Quarterly

SPFI Dividend Safety Score

81/ 100
Grade A

Very Safe

Dividend-growth streak5 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage18% of earnings paid out
Yield vs its historyYield in line with its history

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

Is SPFI a good dividend stock?

Yes

South Plains Financial, Inc. (SPFI) pays a quarterly dividend yielding 1.66% ($0.68/yr), with 6 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
  • Comfortable payout ratio (18%)
  • Strong 38.9% 5-yr dividend growth
  • 77% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.66%
Payout Ratio
18%
Annual Dividend
$0.68
5-Yr Avg Growth
38.9%
Ex-Dividend Date
Apr 27, 2026
Years of Growth
6
Frequency
quarterly
Beta
0.47
Market Cap
$786.3M
P/E Ratio
11.5
5-Yr Total Return
77%
52-Week Range
$33.66 – $45.09
Dividend Safety
A · 81/100
Ever Cut?
No
SPFI ex-dividend date & scheduleNext ex-date Apr 27, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.68 / yr per share

Per payment (quarterly)$17.00
Annual$68.00
Monthly avg$5.67