Bank holding company ServisFirst Bancshares, Inc. (ISIN: US81768T1088, NASDAQ: SFBS) will pay a quarterly dividend of $0.23 to its investors, it was reported on Wednesday. The payment for the second quarter will be made on July 8, 2022 (record date: July 1, 2022).
Extrapolated for the year, 0.92 US dollars are paid out. At the current share price of $76.55 (as of June 22, 2022), this equates to a current dividend yield of 1.20 percent.
Founded in 2005 in Birmingham, Alabama, ServisFirst Bancshares is a holding company of ServisFirst Bank. There are branches in states such as Alabama, Florida, Tennessee, Georgia and South Carolina. In the first quarter ended March 31 of fiscal 2022, the company generated net income of $57.61 million, up from $51.46 million in the prior year, as reported on April 18.
Since the beginning of 2022, the share, which is traded on the NASDAQ, has been down 9.88 percent. The current market cap is $4.16 billion (as of June 22, 2022).
Saskia Haaker, Editor at MyDividends.de