Summit State Bank (SSBI) Dividend History

Summit State Bank (SSBI) is a community-focused financial institution based in California, offering personal and business banking services. Established to serve local residents and businesses, the bank provides a range of financial products including checking and savings accounts, loans, and mortgages. Known for its personalized service and commitment to fostering local economic growth, Summit State Bank emphasizes relationship banking and community involvement.

Dividend Yield: 3.35%

Dividend Frequency: Quarterly

Dividend History

Pay Date	Amount	Ex Dividend Date	Record Date
October 10, 2024	$0.04	10/03/2024	10/03/2024
May 23, 2024	$0.12	05/15/2024	05/16/2024
February 15, 2024	$0.12	02/07/2024	02/08/2024
November 16, 2023	$0.12	11/08/2023	11/09/2023
August 17, 2023	$0.12	08/09/2023	08/10/2023
May 18, 2023	$0.12	05/10/2023	05/11/2023
February 16, 2023	$0.12	02/08/2023	02/09/2023
November 17, 2022	$0.12	11/09/2022	11/10/2022
August 18, 2022	$0.12	08/10/2022	08/11/2022
May 19, 2022	$0.12	05/11/2022	05/12/2022
February 17, 2022	$0.12	02/09/2022	02/10/2022
November 18, 2021	$0.12	11/09/2021	11/11/2021
August 20, 2021	$0.12	08/12/2021	08/13/2021
May 21, 2021	$0.12	05/13/2021	05/14/2021
February 19, 2021	$0.12	02/11/2021	02/12/2021
November 20, 2020	$0.12	11/12/2020	11/13/2020
August 21, 2020	$0.12	08/13/2020	08/14/2020
May 22, 2020	$0.12	05/14/2020	05/15/2020
February 21, 2020	$0.12	02/13/2020	02/14/2020
November 22, 2019	$0.12	11/14/2019	11/15/2019
August 23, 2019	$0.12	08/15/2019	08/16/2019
May 24, 2019	$0.12	05/16/2019	05/17/2019
February 26, 2019	$0.12	02/15/2019	02/19/2019
November 27, 2018	$0.12	11/19/2018	11/20/2018
August 24, 2018	$0.12	08/16/2018	08/17/2018
May 24, 2018	$0.12	05/17/2018	05/18/2018
February 23, 2018	$0.12	02/15/2018	02/16/2018
November 22, 2017	$0.12	11/14/2017	11/15/2017
August 25, 2017	$0.12	08/15/2017	08/17/2017
May 24, 2017	$0.12	05/16/2017	05/18/2017
February 24, 2017	$0.12	02/15/2017	02/17/2017
November 23, 2016	$0.12	11/14/2016	11/16/2016
August 26, 2016	$0.12	08/16/2016	08/18/2016
May 24, 2016	$0.12	05/16/2016	05/18/2016
February 24, 2016	$0.12	02/16/2016	02/18/2016
November 25, 2015	$0.12	11/13/2015	11/17/2015
August 25, 2015	$0.12	08/13/2015	08/17/2015
May 26, 2015	$0.12	05/14/2015	05/18/2015
February 24, 2015	$0.12	02/13/2015	02/18/2015
November 25, 2014	$0.11	11/13/2014	11/17/2014
August 25, 2014	$0.11	08/13/2014	08/15/2014
May 23, 2014	$0.11	05/13/2014	05/15/2014
February 24, 2014	$0.11	02/13/2014	02/18/2014
November 25, 2013	$0.11	11/13/2013	11/15/2013
August 23, 2013	$0.11	08/13/2013	08/15/2013
May 23, 2013	$0.11	05/13/2013	05/15/2013
February 23, 2013	$0.09	02/13/2013	02/15/2013
November 23, 2012	$0.09	11/13/2012	11/15/2012
August 23, 2012	$0.09	08/13/2012	08/15/2012
May 23, 2012	$0.09	05/11/2012	05/15/2012
February 23, 2012	$0.09	02/13/2012	02/15/2012
November 23, 2011	$0.09	11/10/2011	11/15/2011
August 23, 2011	$0.09	08/09/2011	08/11/2011
May 23, 2011	$0.09	05/09/2011	05/11/2011
February 24, 2011	$0.09	02/11/2011	02/15/2011
November 23, 2010	$0.09	11/08/2010	11/11/2010
August 23, 2010	$0.09	08/09/2010	08/11/2010
May 21, 2010	$0.09	05/07/2010	05/11/2010
February 22, 2010	$0.09	02/09/2010	02/11/2010
November 20, 2009	$0.09	11/06/2009	11/11/2009
August 21, 2009	$0.09	08/07/2009	08/11/2009
May 21, 2009	$0.09	05/08/2009	05/11/2009
February 23, 2009	$0.09	02/10/2009	02/12/2009
November 21, 2008	$0.09	11/07/2008	11/12/2008
August 21, 2008	$0.09	08/08/2008	08/12/2008
May 21, 2008	$0.09	05/08/2008	05/12/2008
February 21, 2008	$0.09	02/07/2008	02/11/2008
November 21, 2007	$0.09	11/08/2007	11/13/2007
August 21, 2007	$0.09	08/21/2007	08/10/2007
May 21, 2007	$0.09	05/08/2007	05/10/2007
February 21, 2007	$0.09	02/07/2007	02/09/2007
November 21, 2006	$0.09	11/08/2006	11/10/2006
August 21, 2006	$0.09	08/08/2006	08/10/2006

Dividends Summary

Summit State Bank has issued 73 dividend payments over the past 18 years
The most recent dividend was paid 313 days ago, on October 10, 2024
The first recorded dividend was paid on August 21, 2006
The highest dividend payout was $0.12 per share
The average dividend over this 18 year span is $0.11 per share
Summit State Bank has decreased its dividend payments by 55.56% since 2006

Company News

Summit State Bank Declares Quarterly Cash Dividend

Summit State Bank has reduced its quarterly cash dividend to common shareholders from $0.04 per share to a lower amount, citing the current rate environment and its impact on earnings. The bank aims to improve capital ratios, increase liquidity, and position itself better for long-term value creation during economic uncertainty.

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Page data last updated 08/19/2025 16:54:13 UTC Dividend yield is calculated using only dividends that have already been paid. Future or declared dividends are not included