Seacoast Banking dividend yield – Investors: Is Seacoast Banking Corporation of Florida a Good Choice for Dividend Yields?

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Investors looking for strong dividend yields should definitely consider Seacoast Banking ($NASDAQ:SBCF) Corporation of Florida (SEACOAST BANKING). An established and respected banking institution, SEACOAST BANKING has an impressive history of paying steady dividends. In recent years, its dividend yields have been consistently high, making it a great option for those looking to receive regular income from their investments. SEACOAST BANKING is a publicly-traded financial institution that specializes in providing services to businesses, consumers, and governments in the southeastern United States. SEACOAST BANKING stock is listed on both the New York Stock Exchange and the Nasdaq Stock Market. The company has an impressive track record when it comes to dividends.

Over the past few years, SEACOAST BANKING has consistently paid out high dividends to its investors. This has enabled investors to enjoy a steady stream of income from their investments in the company. At present, SEACOAST BANKING is expected to continue its dividend payouts in the near future, making it an attractive option for dividend-seeking investors. With its consistent dividend payouts and solid track record of delivering strong returns, SEACOAST BANKING offers investors the potential to receive regular income from their investments. For these reasons, investors should definitely look into SEACOAST BANKING for its upcoming dividends.

Dividends – Seacoast Banking dividend yield

Over the past three years it has issued an annual dividend per share of 0.7 USD, 0.64 USD and 0.39 USD. Looking ahead to 2021 to 2023, the Bank is offering dividend yields of 2.49%, 1.85% and 1.14%, respectively, for an average dividend yield of 1.83%.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Seacoast Banking. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Seacoast Banking. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Seacoast Banking. More…

Key Ratios Snapshot

Some of the financial key ratios for Seacoast Banking are shown below. More…

Stock Price

On Monday, SEACOAST BANKING stock opened at $26.2 and closed at $26.4, up by 0.4% from its previous closing price of 26.2. This is an indication that the stock is performing well and has potential for dividend yield. Seacoast Banking Corporation of Florida has a solid track record of returning capital to its shareholders through dividends and share repurchases. This is a relatively attractive dividend yield, and the stock has also seen an increase in share price over the past year. This is likely to provide a cushion should the market experience volatility.

Its stock has seen positive returns over the past year, and it has maintained a healthy balance sheet and low non-performing assets. Investors should consider this stock as an option when looking for dividend investments. Live Quote…

Analysis – Seacoast Banking Stock Intrinsic Value

At GoodWhale, we recently conducted an analysis of SEACOAST BANKING‘s well-being. After careful consideration, we have determined that the intrinsic value of SEACOAST BANKING share is approximately $34.0. We arrived at this conclusion by using our proprietary Valuation Line. Currently, SEACOAST BANKING stock is traded at $26.4, which means that the stock is currently undervalued by 22.3%. This presents an excellent opportunity for investors to acquire SEACOAST BANKING at a discounted price. More…

Peers

Seacoast Banking Corp of Florida, Capital City Bank Group Inc, Mid-Southern Bancorp Inc, and Itau Corpbanca are all financial institutions that offer banking services to their customers. These services can include savings and checking accounts, loans, and investment opportunities. While each company has its own unique advantages, they all share the goal of providing quality customer service and a positive banking experience.

– Capital City Bank Group Inc ($NASDAQ:CCBG)

Capital City Bank Group Inc is a financial holding company that operates through its subsidiaries. The Company’s primary business is commercial banking. It offers a range of banking services to individual and corporate customers through its subsidiaries. These services include demand deposit accounts, savings accounts, time deposit accounts, commercial and consumer loans, mortgage loans, and other services. The Company operates in Florida, Georgia, and Alabama.

– Mid-Southern Bancorp Inc ($NASDAQ:MSVB)

Mid-Southern Bancorp Inc is a bank holding company. As of December 31, 2020, the Company had $2.9 billion in assets, $2.1 billion in loans, $2.3 billion in deposits and $311.4 million in shareholders’ equity. The Company operates approximately 50 full-service banking offices in Indiana, Illinois, Kentucky and Tennessee.

– Itau Corpbanca ($NYSE:ITCB)

Itau Corpbanca is a leading financial institution in Chile with a market cap of 1.91B as of 2022. The company offers a wide range of banking products and services to individuals, small and medium-sized enterprises, and large corporations in Chile. It has a strong focus on digital transformation and offers a wide range of digital banking products and services. It is also one of the largest issuers of credit cards in Chile.

Summary

Seacoast Banking Corporation of Florida is an attractive dividend stock option for investors. The company has a track record of consistent dividend payments and has increased its dividend payments over the last three years. Additionally, it has a strong balance sheet with low debt levels, ample liquidity, and good profitability. Furthermore, the company is expected to benefit from a strong growth outlook for the banking sector in the US.