Ex-Div Reminder for Summit State Bank (SSBI)

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.

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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 3.78% 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:

Summit State Bank  200 Day Moving Average Chart

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.

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