SouthState Bank Corporation
SSBFinancial Services · Stock · quarterly payer
Forward Yield
2.49%
Annual Dividend
$2.64
Payout Ratio
25%
5-Yr Growth
3.9%
Ex-Date
Aug 7, 2026
Frequency
Quarterly
Summary
As of July 2026, SouthState Bank Corporation (SSB) yields 2.49% ($2.64 per share annually), with a blended fair-value estimate of $194.68 — +84% upside, so it screens as undervalued. Dividend safety grade: A (98/100). 14 years of dividend growth.
Is SSB a good dividend stock?
YesSouthState Bank Corporation (SSB) pays a quarterly dividend yielding 2.49% ($2.64/yr), with 14 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
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (25%)
- 55% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.49%
- Payout Ratio
- 25%
- Annual Dividend
- $2.64
- 5-Yr Avg Growth
- 3.9%
- Ex-Dividend Date
- Aug 7, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.70
- Market Cap
- $10.3B
- P/E Ratio
- 11.1
- 5-Yr Total Return
- 55%
- 52-Week Range
- $84.48 – $108.46
- Dividend Safety
- A · 98/100
- Ever Cut?
- No
Frequently Asked Questions
SSB Price — Last 12 Months
Daily close
Price Return
1 Year
+4%
3 Years
+47%
5 Years
+55%
52-Week Range
$84.48 – $108.46
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SSB worth?
Undervaluedlow confidenceOur blended fair-value estimate for SouthState Bank Corporation is $194.68 per share, versus a market price of $106.00. That implies 84% of upside — a margin of safety of about 46%.
Fair Value
$194.68
Current Price
$106.00
Upside
+84%
Margin of Safety
46%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.8% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $9.52 EPS, $2.64 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SSB 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 |
|---|---|---|---|
| May 8, 2026 | — | $0.6000 | regular |
| Feb 6, 2026 | — | $0.6000 | regular |
| Nov 7, 2025 | — | $0.6000 | regular |
| Aug 8, 2025 | — | $0.6000 | regular |
| May 9, 2025 | — | $0.5400 | regular |
| Feb 7, 2025 | — | $0.5400 | regular |
| Nov 8, 2024 | — | $0.5400 | regular |
| Aug 9, 2024 | — | $0.5400 | regular |
| May 9, 2024 | — | $0.5200 | regular |
| Feb 8, 2024 | — | $0.5200 | regular |
| Nov 9, 2023 | — | $0.5200 | regular |
| Aug 10, 2023 | — | $0.5200 | regular |
| May 11, 2023 | — | $0.5000 | regular |
| Feb 9, 2023 | — | $0.5000 | regular |
Income Calculator
At $2.64 / yr per share
