ServisFirst Bancshares, Inc.’s (NYSE:SFBS) dividend will be increasing from last year’s payment of the same period to $0.30 on 8th of January. Despite this raise, the dividend yield of 1.7% is only a modest boost to shareholder returns.
While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Investors will be pleased to see that ServisFirst Bancshares’ stock price has increased by 33% in the last 3 months, which is good for shareholders and can also explain a decrease in the dividend yield.
See our latest analysis for ServisFirst Bancshares
ServisFirst Bancshares’ Payment Expected To Have Solid Earnings Coverage
While yield is important, another factor to consider about a company’s dividend is whether the current payout levels are feasible.
Having paid out dividends for 9 years,…
