Why Sierra Bancorp (BSRR) is a Great Dividend Stock Right Now

Company Overview - Sierra Bancorp (BSRR) is headquartered in Porterville and operates in the Finance sector, with a stock price change of 6.4% since the beginning of the year [3]. Dividend Information - The company currently pays a dividend of $0.24 per share, resulting in a dividend yield of 3.12%, which is higher than the Banks - West industry's yield of 2.68% and the S&P 500's yield of 1.48% [3]. - Sierra Bancorp's annualized dividend of$ 0.96 has increased by 2.1% from the previous year, with an average annual increase of 3.93% over the past five years [4]. - The company's payout ratio stands at 38%, indicating that it pays out 38% of its trailing 12-month earnings per share as dividends [4]. Earnings Growth - The Zacks Consensus Estimate for Sierra Bancorp's earnings in 2025 is projected to be $2.95 per share, reflecting a year-over-year earnings growth rate of 4.61% [5]. Investment Appeal - Sierra Bancorp is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 1 (Strong Buy) [7].