SmartFinancial, Inc. (SMBK) To Go Ex-Dividend on July 31st

SmartFinancial, Inc. (NASDAQ:SMBK) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Friday, July 31st will be paid a dividend of 0.09 per share by the bank on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, July 31st.

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

SmartFinancial Stock Performance

Shares of SMBK stock opened at $53.19 on Wednesday. The company has a fifty day moving average price of $45.41 and a two-hundred day moving average price of $42.12. SmartFinancial has a one year low of $32.63 and a one year high of $53.25. The stock has a market cap of $909.36 million, a P/E ratio of 24.85 and a beta of 0.70. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.90 and a quick ratio of 0.90.

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.