■ Increase · August 21, 2026 · detected in DividendSmart market data
SBSI raises its quarterly dividend 2.78% to $0.37 per share
Southside Bancshares increases its quarterly dividend to $0.37 per share, a 2.78% raise, with ex-dividend date of August 20, 2026.
SBSI (Southside Bancshares, Inc.) has announced a quarterly dividend increase. The new dividend of $0.3700 per share represents a 2.78% raise from the previous $0.3600, with the ex-dividend date set for 2026-08-20.
The numbers
The company has paid a consistent $0.36 per share for the last several quarters, including payments on 2025-05-22, 2025-08-21, 2025-11-20, 2026-02-19, and 2026-05-18. The new $0.37 payment marks the first increase in at least a year. Based on the current price of $31.97, the trailing twelve-month dividend yield is 4.54%, with a TTM dividend per share of $1.45. Over the past five years, the dividend has grown at a compound annual growth rate of 2.1%, though the company has not recorded consecutive years of increases.
What it means for income investors
For investors holding 100 shares, the new quarterly rate implies an annualized dividend of $148.00, up from $144.00 previously. This increase adds $4.00 per year for every 100 shares owned. The ex-dividend date of 2026-08-20 is important for investors to note, as they must own shares before that date to receive the upcoming payment. For more details, see the full dividend history.
Reporting based on: DividendSmart market data. Figures verified against market data where available.