SmartFinancial, Inc. (SMBK) To Go Ex-Dividend on May 15th

SmartFinancial, Inc. (NASDAQ:SMBK) declared a quarterly dividend on Thursday, April 30th. Investors of record on Friday, May 15th will be given a dividend of 0.09 per share by the bank on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, May 15th. This is a 12.5% increase from SmartFinancial’s previous quarterly dividend of $0.08.

SmartFinancial has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 3 years.

SmartFinancial Stock Performance

Shares of SMBK stock opened at $40.96 on Wednesday. SmartFinancial has a 52-week low of $30.68 and a 52-week high of $43.90. The stock’s 50-day moving average price is $40.24 and its 200 day moving average price is $38.93. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $700.27 million, a PE ratio of 19.14 and a beta of 0.73.

About SmartFinancial

SmartFinancial, Inc is a bank holding company headquartered in Knoxville, Tennessee, operating through its primary subsidiary, SmartBank. Incorporated in 2006, the company provides a full suite of banking and financial services to individuals, small and middle-market businesses and public entities across its regional footprint. SmartFinancial’s network of branch offices and digital platforms combines community-banking relationships with modern technology to serve its customers’ evolving needs.

Through SmartBank, the company offers a broad range of deposit products, including checking, savings and certificate of deposit accounts, alongside consumer and commercial lending solutions.