South Plains Financial, Inc. (SPFI) Dividend Coverage Ratio (2018 - 2026)
South Plains Financial's (SPFI) Dividend Coverage Ratio came in at 5.83 for Q2 2026, down 2.7% from 6.00 a year earlier but up 11.2% from the prior quarter.
South Plains Financial, Inc. (SPFI) Dividend Coverage Ratio (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Dividend Coverage Ratio at South Plains Financial was 5.80, up 2.4% year-over-year; for FY2025, it came in at 5.79, up 6.6% from FY2024.
- In prior years, South Plains Financial's Dividend Coverage Ratio was 5.43 in FY2024 (-24.3%), 7.17 in FY2023 (-1.3%), 7.27 in FY2022 (-33.2%) and 10.88 in FY2021 (-39.3%).
- Quarterly Dividend Coverage Ratio has run from a low of 4.19 in Q1 2023 to a high of 13.43 in Q2 2023 over five years.
- On a year-over-year basis, Dividend Coverage Ratio increased in four of the last eight quarters, with growth averaging 7.2%.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q2 2023, with growth of 63.9%; the weakest was Q3 2021, with a decline of 69.6%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was 5.25 (Q1 2026), 5.87 (Q4 2025) and 6.28 (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.83 |
| Mar 31, 2026 | 5.25 |
| Dec 31, 2025 | 5.87 |
| Sep 30, 2025 | 6.28 |
| Jun 30, 2025 | 6.00 |
| Mar 31, 2025 | 4.98 |
| Dec 31, 2024 | 6.73 |
| Sep 30, 2024 | 4.91 |
| Jun 30, 2024 | 4.86 |
| Mar 31, 2024 | 5.11 |
| Dec 31, 2023 | 4.83 |
| Sep 30, 2023 | 6.16 |
| Jun 30, 2023 | 13.43 |
| Mar 31, 2023 | 4.19 |
| Dec 31, 2022 | 6.19 |
| Sep 30, 2022 | 7.42 |
| Jun 30, 2022 | 8.19 |
| Mar 31, 2022 | 7.32 |
| Dec 31, 2021 | 9.13 |
| Sep 30, 2021 | 9.39 |
South Plains Financial, Inc. Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=SPFI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "SPFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=SPFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();