Dividend Worth Mentioning Today: Nov 16, 2016 is the day that Sandy Spring Bancorp, Inc. (NASDAQ:SASR) claims $0.26 dividends could be paid.

Dividend Worth Mentioning Today: Nov 16, 2016 is the day that Sandy Spring Bancorp, Inc. (NASDAQ:SASR) claims $0.26 dividends could be paid.

Sandy Spring Bancorp, Inc. (NASDAQ:SASR) is expected to pay $0.26 on Nov 16, 2016. The indicated annual dividend is $1.04. Shareholders owning the stock before Nov 7, 2016 will be eligible to receive the payout. Based on Sandy Spring Bancorp, Inc.’s current price of $31.10, the dividend is 0.84%. This dividend’s record date is Nov 9, 2016 and the announcement date is Oct 27, 2016. The stock decreased 0.26% or $0.08 on November 4, hitting $31.1. About 85,801 shares traded hands or 70.31% up from the average. Sandy Spring Bancorp Inc. (NASDAQ:SASR) has risen 14.25% since April 5, 2016 and is uptrending. It has outperformed by 12.30% the S&P500.

Sandy Spring Bancorp, Inc. is the bank holding firm for Sandy Spring Bank . The company has a market cap of $739.11 million. The Firm operates through three business divisions Community Banking, Insurance and Investment Management. It has a 15.79 P/E ratio. The Company’s Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial services and products, including various loan and deposit products to both individuals and businesses.

Insitutional Activity: The institutional sentiment increased to 1.29 in Q2 2016. Its up 0.03, from 1.26 in 2016Q1. The ratio improved, as 7 funds sold all Sandy Spring Bancorp Inc. shares owned while 24 reduced positions. 5 funds bought stakes while 35 increased positions. They now own 15.66 million shares or 1.54% more from 15.42 million shares in 2016Q1.
Metropolitan Life Insur Ny accumulated 19,558 shares or 0% of the stock. Alliancebernstein Ltd Partnership, a New York-based fund reported 66,061 shares. Goldman Sachs Group Inc has 592,040 shares for 0.01% of their US portfolio. Grp Inc accumulated 0% or 13,549 shares. Commonwealth Equity holds 0% of its portfolio in Sandy Spring Bancorp Inc. (NASDAQ:SASR) for 8,115 shares. California Pub Employees Retirement System holds 85,200 shares or 0% of its portfolio. Schwab Charles holds 80,821 shares or 0% of its portfolio. The Kansas-based Creative Planning has invested 0% in Sandy Spring Bancorp Inc. (NASDAQ:SASR). Blackrock Grp Incorporated accumulated 0% or 7,607 shares. Apg Asset Mgmt Nv accumulated 0.01% or 197,034 shares. The United Kingdom-based Legal And General Group Inc Public Limited Com has invested 0% in Sandy Spring Bancorp Inc. (NASDAQ:SASR). Los Angeles Capital & Equity Rech holds 0% or 11,804 shares in its portfolio. Vanguard Gp has 987,376 shares for 0% of their US portfolio. Tiaa Cref Investment Mgmt Lc owns 74,828 shares or 0% of their US portfolio. Advisory Service Ltd Liability Company accumulated 0.02% or 2,441 shares.

Insider Transactions: Since May 31, 2016, the stock had 1 buying transaction, and 0 insider sales for $7,492 net activity. $7,492 worth of shares were bought by MAIWURM JAMES J on Tuesday, May 31.

Sandy Spring Bancorp Inc. (NASDAQ:SASR) Ratings Coverage

Out of 3 analysts covering Sandy Spring Bancorp (NASDAQ:SASR), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. Sandy Spring Bancorp has been the topic of 4 analyst reports since July 20, 2015 according to StockzIntelligence Inc. The stock of Sandy Spring Bancorp Inc. (NASDAQ:SASR) has “Sell” rating given on Tuesday, August 25 by Zacks.

More recent Sandy Spring Bancorp Inc. (NASDAQ:SASR) news were published by: Nasdaq.com which released: “Sandy Spring Bancorp, Inc. (SASR) Ex-Dividend Date Scheduled for November 07, 2016” on November 04, 2016. Also Globenewswire.com published the news titled: “Sandy Spring Bancorp, Inc. to Webcast Third Quarter Earnings Conference Call …” on October 06, 2016. Globenewswire.com‘s news article titled: “Sandy Spring Bancorp Declares Quarterly Dividend of $0.24 Per Share” with publication date: July 28, 2016 was also an interesting one.

SASR Company Profile

Sandy Spring Bancorp, Inc., incorporated on January 27, 1992, is the bank holding firm for Sandy Spring Bank (the Bank). The Firm operates through three business divisions Community Banking, Insurance and Investment Management. The Company’s Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial services and products, including various loan and deposit products to both individuals and businesses. The Insurance segment operates through Sandy Spring Insurance Corporation, a subsidiary of the Bank, and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment operates through West Financial Services, Inc., a subsidiary of the Bank, which provides investment management and financial planning services. The Bank’s product portfolio includes loan and lease products, deposit activities, treasury activities and borrowing activities. The Bank operates over 45 community offices located in Central Maryland, Northern Virginia, and Washington D.C. The Firm is a community banking organization that focuses its lending and other services on businesses and clients in the local market area. Through its subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc., the Bank offers a menu of insurance and investment management services. Sandy Spring Insurance Corporation operates Sandy Spring Insurance, a general insurance agency located in Annapolis, Maryland, and Neff & Associates, an insurance agency located in Ocean City, Maryland.

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