Looking at the universe of stocks we cover at Dividend Channel, on 8/15/17, Summit State Bank (SSBI) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 8/25/17. As a percentage of SSBI's recent stock price of $12.71, this dividend works out to approximately 0.94%, so look for shares of Summit State Bank to trade 0.94% lower — all else being equal — when SSBI shares open for trading on 8/15/17.Below is a dividend history chart for SSBI, showing historical dividends prior to the most recent $0.12 declared by Summit State Bank : 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 3.78% 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: Looking at the chart above, SSBI's low point in its 52 week range is $10.48 per share, with $15.28 as the 52 week high point — that compares with a last trade of $12.71. In Friday trading, Summit State Bank shares are currently trading flat on the day.
HOST // Robert Powell
Retirement Planning Event
More from Stocks
No News Isn't Good News for Tesla Stock in Elon Musk's Fight With the SEC
The swashbuckling CEO's lawyers want permission to make additional arguments, but the judge has been silent so far.
Ford to Make Electric Vehicles at Michigan Plant as Part of $11B Investment
Ford will expand production capacity for next generation electric vehicles at a second North American plant in southeast Michigan.
Facebook Is More Than Just a Social Network, and Should Be Valued Accordingly
Facebook is cheaply valued and focused on growing its commerce business.
Bulls vs. Bears: Price Action Will Determine the Winner
Maybe the Fed is doing the wrong thing, but you don't argue with the guy that prints money.