South State Corporation (SSB) has announced a quarterly cash dividend of $0.600 per share, marking an increase compared to the average of the last ten dividends, which is $0.533 per share. The announcement was made on Jul 24, 2025, with the ex-dividend date set for Aug 8, 2025, and the dividend payment scheduled for Aug 15, 2025. The previous dividend, disbursed on May 16, 2025, was $0.540 per share, also classified as a cash dividend. This increase underscores the company's commitment to returning value to its shareholders.
Recently,
has been in the spotlight due to several key developments. Over the past week, the company reported its second-quarter results for 2025, highlighting an increase in the quarterly cash dividend, which reflects positively on its financial health and operational success. A director at
, Stacy G. Smith, made a bold move by purchasing 2,500 shares on Aug 1, 2025, at a price of $92.30 per share. This significant insider activity suggests confidence in the company's future prospects.
In addition, South State's share performance has been under scrutiny, as the stock has seen a decline to $92.76 over the last six months, representing an 11.7% loss. This contrasts with the broader market trends, including the S&P 500's 3.3% gain. Analysts indicated that despite this downturn, the company's fundamentals remain robust, as it continues to enhance shareholder value through strategic actions.
In conclusion, South State Corporation has demonstrated a proactive approach to its dividend strategy and corporate governance, with key personnel showing confidence in its trajectory. Investors should note that Aug 8, 2025, is the ex-dividend date, marking the last opportunity to purchase shares and qualify for the upcoming dividend payout. Any acquisitions after this date will not be eligible for the dividend distribution scheduled for Aug 15, 2025.
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