Cash Dividend On The Way From Summit State Bank (SSBI)

Looking at the universe of stocks we cover at Dividend Channel, on 5/14/15, Summit State Bank (SSBI) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 5/26/15. As a percentage of SSBI's recent stock price of $13.54, this dividend works out to approximately 0.89%, so look for shares of Summit State Bank to trade 0.89% lower — all else being equal — when SSBI shares open for trading on 5/14/15.

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Below is a dividend history chart for SSBI, showing historical dividends prior to the most recent $0.12 declared by Summit State Bank:

SSBI+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SSBI is likely to continue, and whether the current estimated yield of 3.55% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of SSBI shares, versus its 200 day moving average:

Summit State Bank 200 Day Moving Average Chart

Looking at the chart above, SSBI's low point in its 52 week range is $10.89 per share, with $14.26 as the 52 week high point — that compares with a last trade of $13.55.

In Tuesday trading, Summit State Bank shares are currently up about 1% on the day.

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