South State Corporation(NASDAQ:SSB) Declares Dividend of $0.3100.

South State Corporation (NASDAQ:SSB) had declared a cash dividend of $0.3100 on Jul 22, 2016. The shares will quote ex-dividend on Aug 10, 2016 and the record date has been fixed for Aug 12, 2016. On Jul 22, 2016 share price, the yield comes out to be 1.7656%. The dividend payable date has been fixed on Aug 19, 2016.

In a different note, Keefe Bruyette & Woods said it Initiates Coverage on South State Corporation, according to a research note issued on Jun 20, 2016. The shares have been rated ‘Outperform’ by the firm.

South State Corporation (SSB) shares turned negative on Thursdays trading session with the shares closing down -0.41 points or -0.55% at a volume of 44,237. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $74.61. The peak price level was also seen at $74.61 while the days lowest was $73.925. Finally the shares closed at $74.38. The 52-week high of the shares is $81.798 while the 52-week low is $59.185. According to the latest information available, the market cap of the company is $1,799 M.

South State Corporation(SSB) last announced its earnings results on Jul 22, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $113.52M. Analysts had an estimated revenue of $115.80M. Earnings per share were $1.18. Analysts had estimated an EPS of $1.11.

Several Insider Transactions has been reported to the SEC. On Mar 7, 2016, Joe E Burns (CHIEF CREDIT OFFICER) sold 500 shares at $64.80 per share price.Also, On Feb 25, 2016, Luther J Iii Battiste (director) sold 352 shares at $61.10 per share price.On Feb 16, 2016, Jimmy Evan Addison (director) purchased 1,500 shares at $61.90 per share price, according to the Form-4 filing with the securities and exchange commission.

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