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    GNG brief · Dividends · Historical announcement

    South Plains Financial raises quarterly dividend 5.88% to $0.18

    By GNG ResearchAnnounced Published by GNG

    • SPFI South Plains Financial Inc (NASDAQ), USD

    Written automatically from a fixed template using verified announcement facts and GNG data.

    On Jul 16, 2026, South Plains Financial (SPFI) declared a quarterly dividend of $0.18 per share, up 5.88% from the prior $0.17, payable Aug 10, 2026, to shareholders of record on Jul 27, 2026.

    The ex-dividend date is Jul 27, 2026.

    At the new rate the annualized payout is $0.72 per share, a 1.63% forward yield based on the Jul 16, 2026 close of $44.25.

    Announcement facts

    FactValue and basis
    Dividend per shareSPFI$0.18GNG data · USD
    Declaration dateSPFIJul 16, 2026GNG data
    Ex-dividend dateSPFIJul 27, 2026GNG data
    Record dateSPFIJul 27, 2026GNG data
    Payment dateSPFIAug 10, 2026GNG data
    Payment cadence (GNG classification)SPFIQuarterly (4 per year)
    Distribution type (GNG classification)SPFIRegular
    Prior comparable paymentSPFI$0.17GNG data · USD
    Closing priceSPFI$44.25GNG data · USD
    Price dateSPFIJul 16, 2026GNG data

    GNG calculations

    Calculated at publication from the inputs below. These figures do not update with live prices.

    CalculationMethod and inputs
    Change from prior regular dividend5.88%

    (new - prior) / prior x 100

    new = 0.18; prior = 0.17

    Rounded half up to 2 decimal places

    Calculated

    Dividend per sharePrior comparable payment

    Annualized regular payout$0.72

    amount x payments_per_year

    amount = 0.18; payments_per_year = 4

    Exact, not rounded

    Calculated

    Dividend per sharePayment cadence (GNG classification)

    Forward yield1.63%

    annualized / close x 100

    annualized = 0.72; close = 44.25

    Rounded half up to 2 decimal places

    Closing price date:

    Calculated

    Dividend per sharePayment cadence (GNG classification)Closing pricePrice date

    Sources

    1. South Plains Financial closing price

      GNG Research closing-price data

    2. South Plains Financial prior dividend record

      GNG Research dividend data

    3. South Plains Financial dividend history

      GNG Research dividend data

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