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SMBK Smartfinancial dividend history, payout ratio & dates

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%.

Key dates

  • SMBK last dividend date: Aug 9, 2024
SMBK dividend stats
DPS
$0.32
Dividend yield
1.12%
Payout ratio
20.9%
vs. Financial Services sector
Dividend yield
2.91%
Payout ratio
43.2%

Dividend yield

What is Smartfinancial current dividend yield

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.

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 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%.

Recent dividends

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 dividend payout ratio

What is Smartfinancial dividend payout ratio compared to the sector

Payout ratio

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.

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
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%

Frequently asked questions

Does Smartfinancial pay a dividend?

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

When was SMBK's last dividend?

Smartfinancial's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $0.08 per share.

How much dividend does Smartfinancial pay (per share)?

SMBK's annualized dividend per share is $0.32.

What is Smartfinancial's dividend yield?

Smartfinancial's current dividend yield is 1.12%.

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 20.9%.

Does Smartfinancial pay a good dividend?

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.