Smartfinancial's most recent dividend of $0.08 per share was on Aug 9, 2024 (ex-date). At an annualized rate of $0.32 per share, the stock yields 1.12%.
Smartfinancial's dividend yield of 1.12% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 2.91%, Smartfinancial's dividend yield is 62% lower. The historical 5-year average of SMBK's dividend yield is 1.1%, which is similar to the current yield.
Smartfinancial has a dividend history dating as far as 2003, but when it comes to recent years the company has recorded five consecutive years of dividend payments. Our records of SMBK show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 3.2% for the last year. However since the stock price has gone up by 36% from a year ago, the dividend yield has decreased by 24%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 9, 2024 | $0.08 | 1.2% |
May 9, 2024 | $0.08 | 1.41% |
Feb 1, 2024 | $0.08 | 1.4% |
Nov 10, 2023 | $0.08 | 1.51% |
Aug 10, 2023 | $0.08 | 1.27% |
May 11, 2023 | $0.08 | 1.5% |
Feb 9, 2023 | $0.08 | 1.07% |
Nov 10, 2022 | $0.07 | 0.94% |
Aug 11, 2022 | $0.07 | 1.03% |
May 12, 2022 | $0.07 | 1.07% |
Feb 10, 2022 | $0.07 | 0.95% |
Nov 10, 2021 | $0.06 | 0.9% |
Aug 5, 2021 | $0.06 | 0.93% |
May 6, 2021 | $0.06 | 0.91% |
Feb 11, 2021 | $0.06 | 1.01% |
Nov 6, 2020 | $0.05 | 1.35% |
Aug 6, 2020 | $0.05 | 1.38% |
May 7, 2020 | $0.05 | 1.1% |
Feb 6, 2020 | $0.05 | 0.45% |
Nov 20, 2019 | $0.05 | 0.23% |
Smartfinancial's payout ratio of 20.9% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 43.2%, Smartfinancial's payout ratio is 52% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NKSH National Bankshares Inc | 5.22% | $1.51 | 97.4% |
NRIM Northrim Bancorp Inc | 3.63% | $2.44 | 41.9% |
SMBK Smartfinancial Inc | 1.12% | $0.32 | 20.9% |
Yes, Smartfinancial has been paying dividends for the last five years.
Smartfinancial's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $0.08 per share.
SMBK's annualized dividend per share is $0.32.
Smartfinancial's current dividend yield is 1.12%.
Smartfinancial has a quarterly dividend frequency.
The dividend payout ratio of Smartfinancial is 20.9%.
Smartfinancial's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.