Today’s Dividend Flows: Dec 1, 2016 is the day that Southside Bancshares, Inc. (NASDAQ:SBSI) claims $0.30 dividends could be paid.

Today's Dividend Flows: Dec 1, 2016 is the day that Southside Bancshares, Inc. (NASDAQ:SBSI) claims $0.30 dividends could be paid.

Southside Bancshares, Inc. (NASDAQ:SBSI) is expected to pay $0.30 on Dec 1, 2016. The indicated annual dividend is $1.00. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on Southside Bancshares, Inc.’s current price of $37.46, the dividend is 0.80%. This dividend’s record date is Nov 17, 2016 and the announcement date is Nov 4, 2016. The stock increased 5.79% or $2.05 on November 11, hitting $37.46. Southside Bancshares, Inc. (NASDAQ:SBSI) has risen 45.48% since April 12, 2016 and is uptrending. It has outperformed by 40.49% the S&P500.

Southside Bancshares, Inc. is a bank holding firm for Southside Bank (the Bank). The company has a market cap of $1.04 billion. The Firm is a community-focused financial institution that offers a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations in the communities. It has a 20.07 P/E ratio. The Firm operates through approximately 60 banking centers, over 20 of which are located in grocery stores, and 25 motor bank facilities.

Insitutional Activity: The institutional sentiment increased to 4.09 in Q2 2016. Its up 2.66, from 1.43 in 2016Q1. The ratio is positive, as 4 funds sold all Southside Bancshares, Inc. shares owned while 18 reduced positions. 12 funds bought stakes while 78 increased positions. They now own 22.49 million shares or 107.16% more from 10.86 million shares in 2016Q1.
Fuller Thaler Asset Management Inc last reported 1,155 shares in the company. Great West Life Assurance Com Can holds 0% or 2,779 shares in its portfolio. Moreover, Envestnet Asset Mngmt has 0% invested in Southside Bancshares, Inc. (NASDAQ:SBSI) for 3,991 shares. Putnam Investments Ltd Limited Liability Company holds 0.01% or 172,182 shares in its portfolio. Bankshares Of Montreal Can accumulated 1,029 shares or 0% of the stock. Price T Rowe Associate Md reported 11,509 shares or 0% of all its holdings. Aperio Grp Ltd Liability Corp holds 13,781 shares or 0% of its portfolio. Tiaa Cref Investment Ltd Liability Corp has 102,445 shares for 0% of their US portfolio. Aqr Mngmt Ltd Liability Corp holds 0% or 6,816 shares in its portfolio. Royal Bankshares Of Canada accumulated 0% or 315 shares. Smith Asset Mgmt Grp Lp accumulated 0% or 732 shares. Profund Advsrs Limited Liability Com has 0.01% invested in the company for 7,900 shares. Teacher Retirement System Of Texas has 0% invested in the company for 3,719 shares. Qs Investors Ltd Limited Liability Company has 1,212 shares for 0% of their US portfolio. Credit Suisse Ag holds 42,480 shares or 0% of its portfolio.

Insider Transactions: Since June 2, 2016, the stock had 2 buys, and 2 insider sales for $88,292 net activity. $62,412 worth of Southside Bancshares, Inc. (NASDAQ:SBSI) was sold by Carter Tim on Thursday, August 11. Shares for $2,982 were bought by Garrett John Robert. On Thursday, June 2 the insider CADE ALTON JR sold $31,890.

Southside Bancshares, Inc. (NASDAQ:SBSI) Ratings Coverage

Out of 2 analysts covering Southside Bancshares (NASDAQ:SBSI), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Southside Bancshares has been the topic of 2 analyst reports since July 28, 2015 according to StockzIntelligence Inc.

More important recent Southside Bancshares, Inc. (NASDAQ:SBSI) news were published by: Nasdaq.com which released: “Ex-Dividend Reminder: Southside Bancshares, Realogy Holdings and Skyworks …” on November 11, 2016, also Globenewswire.com published article titled: “Southside Bancshares, Inc. Increases the Cash Dividend and Declares Special …”, Globenewswire.com published: “Southside Bancshares, Inc. Increases the Cash Dividend and Declares Cash …” on May 05, 2016. More interesting news about Southside Bancshares, Inc. (NASDAQ:SBSI) was released by: Globenewswire.com and their article: “Southside Bancshares, Inc. Announces Q2 Earnings Call” with publication date: July 19, 2016.

SBSI Company Profile

Southside Bancshares, Inc. (Southside), incorporated on August 11, 1982, is a bank holding firm for Southside Bank (the Bank). The Firm is a community-focused financial institution that offers a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations in the communities. The Firm operates through approximately 60 banking centers, 20 of which are located in grocery stores, and 25 motor bank facilities. The Company’s services include consumer and commercial loans, deposit accounts, trust services, safe deposit services and brokerage services.

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