South Plains (SPFI) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $0.68
- Forward yield
- 1.60%
- Payout ratio
- 18.5%
- Growth streak
- 5 years
South Plains pays a quarterly dividend, most recently $0.18 per share. That payment had an ex-date of July 27, 2026 and was paid on August 10, 2026. Over the trailing twelve months, it paid $0.68 per share, a yield of 1.59% at a share price of $42.76.
The dividend has risen often. Since late 2021 the rate has moved up eight times, from $0.09 to $0.18 per share, so it has doubled. The first step was two cents, from $0.09 to $0.11 in early 2022. Every raise since has been one cent, between about 5.9% and 9.1%. Raises have not followed a single calendar slot: they came in January and July 2022, January 2023, April and October 2024, July 2025, and February and July 2026. Payments by calendar year rose from $0.46 in 2022 to $0.52 in 2023, $0.56 in 2024 and $0.62 in 2025. The company has increased its dividend for five consecutive calendar years.
Ex-dates usually fall in late January or early February, late April, late July and late October, with payment about two weeks later. If the pattern holds, the next payment would go ex-dividend in late October 2026 and be paid in mid-November.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 16, 2026 | Jul 27, 2026 | Aug 10, 2026 | $0.18 |
| Apr 15, 2026 | Apr 27, 2026 | May 11, 2026 | $0.17 |
| Jan 22, 2026 | Feb 2, 2026 | Feb 17, 2026 | $0.17 |
| Oct 16, 2025 | Oct 27, 2025 | Nov 10, 2025 | $0.16 |
| Jul 17, 2025 | Jul 28, 2025 | Aug 11, 2025 | $0.16 |
| Apr 17, 2025 | Apr 28, 2025 | May 12, 2025 | $0.15 |
| Jan 23, 2025 | Feb 3, 2025 | Feb 18, 2025 | $0.15 |
| Oct 17, 2024 | Oct 28, 2024 | Nov 12, 2024 | $0.15 |
| Jul 18, 2024 | Jul 29, 2024 | Aug 12, 2024 | $0.14 |
| Apr 18, 2024 | Apr 26, 2024 | May 13, 2024 | $0.14 |
| Jan 18, 2024 | Jan 26, 2024 | Feb 12, 2024 | $0.13 |
| Oct 19, 2023 | Oct 27, 2023 | Nov 13, 2023 | $0.13 |
| Jul 20, 2023 | Jul 28, 2023 | Aug 14, 2023 | $0.13 |
| Apr 20, 2023 | Apr 28, 2023 | May 15, 2023 | $0.13 |
| Jan 19, 2023 | Jan 27, 2023 | Feb 13, 2023 | $0.13 |
| Oct 20, 2022 | Oct 28, 2022 | Nov 15, 2022 | $0.12 |
| Jul 20, 2022 | Jul 29, 2022 | Aug 15, 2022 | $0.12 |
| Apr 21, 2022 | Apr 29, 2022 | May 16, 2022 | $0.11 |
| Jan 20, 2022 | Jan 28, 2022 | Feb 14, 2022 | $0.11 |
| Oct 21, 2021 | Oct 29, 2021 | Nov 16, 2021 | $0.09 |
Frequently asked questions
Does South Plains (SPFI) pay a dividend?
Yes. South Plains pays a quarterly dividend; the most recent payment was $0.18 per share.
What is SPFI's dividend yield?
South Plains paid $0.68 per share over the trailing twelve months, a yield of 1.60% at the last price of $42.54. Click here to learn more
When is SPFI's most recent ex-dividend date?
South Plains's most recent ex-dividend date is Jul 27, 2026, payable on Aug 10, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has SPFI been raising its dividend?
Yes — South Plains has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.