Back to SMBK overview

SMBK Smartfinancial dividend history, payout ratio & dates

Smartfinancial's most recent quarterly dividend of $0.07 per share was on Aug 11, 2022 (ex-date). At an annualized rate of $0.27 per share, the stock yields 1.09%.

Key dates

  • SMBK last dividend date: Aug 11, 2022
  • SMBK next dividend date: Not announced
SMBK dividend stats
DPS
$0.27
Dividend yield
1.09%
Payout ratio
12.9%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Smartfinancial current dividend yield

Smartfinancial's dividend yield of 1.09% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 2.95%, Smartfinancial's dividend yield is 63% lower.

Dividend history

What is SMBK dividend payout history and dates

Smartfinancial has a dividend history dating as far as 2003, but when it comes to recent years the company has recorded three 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 17% for the last year. And since the stock price has gone down by 5% from a year ago, the dividend yield has increased by 24%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 11, 2022 Aug 29, 2022 Jul 28, 2022 $0.07 normal
May 12, 2022 May 31, 2022 Apr 28, 2022 $0.07 normal
Feb 10, 2022 Feb 28, 2022 Jan 27, 2022 $0.07 normal
Nov 10, 2021 Nov 29, 2021 Oct 28, 2021 $0.06 normal
Aug 5, 2021 Aug 23, 2021 Jul 23, 2021 $0.06 normal
May 6, 2021 May 21, 2021 Apr 22, 2021 $0.06 normal
Feb 11, 2021 Mar 1, 2021 Jan 28, 2021 $0.06 normal
Nov 6, 2020 Nov 23, 2020 Oct 23, 2020 $0.05 normal
Aug 6, 2020 Aug 24, 2020 Jul 23, 2020 $0.05 normal
May 7, 2020 May 25, 2020 Apr 23, 2020 $0.05 normal
Feb 6, 2020 Feb 21, 2020 Jan 23, 2020 $0.05 normal
Nov 20, 2019 Dec 6, 2019 Nov 6, 2019 $0.05 normal

Smartfinancial dividend payout ratio

What is Smartfinancial dividend payout ratio compared to the sector

Payout ratio

Smartfinancial's payout ratio of 12.9% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 30.2%, Smartfinancial's payout ratio is 57% lower.

Total amount of dividends paid per financial year (from cash flow)

SMBK dividend vs peer dividends

How does SMBK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NBTB Nbt Bancorp Inc 3% $1.14 32.5%
NBHC National Bank Holdings Corp 2.46% $0.91 34.1%
SMBK Smartfinancial Inc 1.09% $0.27 12.9%

Frequently asked questions

Does Smartfinancial pay a dividend?

Yes, Smartfinancial has been paying dividends for the last three years.

When is Smartfinancial's next dividend?

SMBK hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in November 2022.

When was SMBK's last dividend?

Smartfinancial's last regular dividend was on Aug 11, 2022 (ex-date) with the amount of $0.07 per share.

How much dividend does Smartfinancial pay (per share)?

SMBK's annualized dividend per share is $0.27.

What is Smartfinancial's dividend yield?

Smartfinancial's current dividend yield is 1.09%.

How often does Smartfinancial pay dividends?

Smartfinancial has a quarterly dividend frequency.

What is Smartfinancial's dividend payout ratio?

The dividend payout ratio of Smartfinancial is 12.9%.

Does Smartfinancial pay a good dividend?

Smartfinancial's dividend yield is lower than the Financial Services sector average.