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Stock impact report

Here's What We Like About SouthState's (NYSE:SSB) Upcoming Dividend [Yahoo! Finance]

SouthState Corporation (SSB) 
NASDAQ:AMEX Investor Relations: southstatebank.com/rci_pt_bumper/5756
Company Research Source: Yahoo! Finance
The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. In other words, investors can purchase SouthState's shares before the 8th of November in order to be eligible for the dividend, which will be paid on the 15th of November. The company's next dividend payment will be US$0.54 per share. Last year, in total, the company distributed US$2.16 to shareholders. Based on the last year's worth of payments, SouthState has a trailing yield of 2.2% on the current stock price of US$97.42. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to check whether the dividend payments are covered, and if earnings ar Show less Read more
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