Southern Missouri Bancorp, Inc. Plans Quarterly Dividend of $0.25 (NASDAQ:SMBC)

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) declared a quarterly dividend on Wednesday, January 21st. Stockholders of record on Friday, February 13th will be given a dividend of 0.25 per share by the savings and loans company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, February 13th.

Southern Missouri Bancorp has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 13 years. Southern Missouri Bancorp has a payout ratio of 18.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Southern Missouri Bancorp to earn $5.70 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 17.5%.

Southern Missouri Bancorp Stock Up 5.2%

NASDAQ:SMBC opened at $63.72 on Thursday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.22. Southern Missouri Bancorp has a 12-month low of $45.10 and a 12-month high of $63.84. The stock’s fifty day simple moving average is $59.05 and its 200-day simple moving average is $56.11. The firm has a market capitalization of $713.66 million, a P/E ratio of 11.67 and a beta of 0.98.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its earnings results on Wednesday, January 21st. The savings and loans company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.06. The firm had revenue of $49.65 million for the quarter, compared to analyst estimates of $49.79 million. Southern Missouri Bancorp had a return on equity of 11.57% and a net margin of 19.86%. Equities research analysts expect that Southern Missouri Bancorp will post 5.06 earnings per share for the current year.

Insider Activity at Southern Missouri Bancorp

In related news, Director William E. Young sold 1,500 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $53.87, for a total value of $80,805.00. Following the sale, the director directly owned 93,552 shares of the company’s stock, valued at approximately $5,039,646.24. The trade was a 1.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 15.81% of the stock is currently owned by insiders.

Institutional Trading of Southern Missouri Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of SMBC. Clayton Financial Group LLC acquired a new position in shares of Southern Missouri Bancorp during the fourth quarter worth about $16,579,000. SG Americas Securities LLC lifted its stake in Southern Missouri Bancorp by 11.0% in the 4th quarter. SG Americas Securities LLC now owns 5,537 shares of the savings and loans company’s stock valued at $327,000 after acquiring an additional 550 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in Southern Missouri Bancorp during the 4th quarter worth approximately $1,152,000. JPMorgan Chase & Co. boosted its position in Southern Missouri Bancorp by 7.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 63,467 shares of the savings and loans company’s stock worth $3,336,000 after acquiring an additional 4,525 shares during the last quarter. Finally, Tudor Investment Corp ET AL bought a new position in shares of Southern Missouri Bancorp during the 3rd quarter worth approximately $257,000. Institutional investors and hedge funds own 49.49% of the company’s stock.

About Southern Missouri Bancorp

Southern Missouri Bancorp, Inc (NASDAQ: SMBC) is a bank holding company headquartered in West Plains, Missouri, serving as the parent of Southern Bank. The company focuses on delivering community banking services to individual and commercial customers across southern Missouri and northern Arkansas. It operates branch offices in local markets and provides a comprehensive suite of deposit and lending products tailored to both urban and rural communities.

Through its subsidiary, Southern Bank, the company offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, alongside digital and mobile banking platforms.