SMBK Smartfinancial dividend history, payout ratio & dates
Smartfinancial's most recent dividend of $0.08 per share was on Nov 12, 2024 (ex-date). At an annualized rate of $0.32 per share, the stock yields 0.89%.
Key dates
- SMBK last dividend date: Nov 12, 2024
SMBK dividend stats
vs. Financial Services sector
Dividend yield
Smartfinancial's dividend yield of 0.89% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 2.58%, Smartfinancial's dividend yield is 66% lower. The historical 5-year average of SMBK's dividend yield is 1.1%, which is higher than the current yield.
Dividend history
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 not changed for the last year. However since the stock price has gone up by 70% from a year ago, the dividend yield has decreased by 41%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 12, 2024 | $0.08 | 0.88% |
| 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
Payout ratio
Smartfinancial's payout ratio of 16.3% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 44%, Smartfinancial's payout ratio is 63% lower.
Total amount of dividends paid per financial year (from cash flow)
SMBK dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 4.92% | $1.51 | 103.4% |
| NRIM Northrim Bancorp Inc | 2.87% | $2.44 | 41.2% |
| SMBK Smartfinancial Inc | 0.89% | $0.32 | 16.3% |
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 Nov 12, 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 0.89%.
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 16.3%.
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.