SB Financial Group, Inc. provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans. The company also provides automatic teller machine, personal and corporate trust, commercial leasing, bank credit card, safe deposit box rental, internet banking, private client group, and other personalized banking products and services; and various trust and financial services comprising asset management services for individuals and corporate employee benefit plans, as well as brokerage services. In addition, it sells insurance products to retail and commercial customers. As of December 31, 2021, the company operated a network of 22 banking centers in the Ohio counties of Allen, Defiance, Franklin, Fulton, Hancock, Lucas, Paulding, Wood, and Williams; and one banking center in Allen County, Indiana. It also operated five loan production offices in Franklin and Lucas Counties, Ohio; Hamilton and Steuben Counties, Indiana; and Monroe County, Michigan. The company was formerly known as Rurban Financial Corp. and changed its name to SB Financial Group, Inc. in April 2013. SB Financial Group, Inc. was incorporated in 1983 and is headquartered in Defiance, Ohio.
SB Financial Dividend Announcement
• SB Financial announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-08
• SB Financial annual dividend for 2024 was $0.56
• SB Financial annual dividend for 2023 was $0.52
• SB Financial's trailing twelve-month (TTM) dividend yield is 2.56%
• SB Financial's payout ratio for the trailing twelve months (TTM) is 31.78%
• SB Financial's dividend growth over the last five years (2018-2023) was 10.20% year
• SB Financial's dividend growth over the last ten years (2013-2023) was 15.79% year
SB Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.14 | quarterly | 2024-11-22 |
2024-08-09 | $0.14 | quarterly | 2024-08-23 |
2024-05-09 | $0.14 | quarterly | 2024-05-24 |
2024-02-08 | $0.14 | quarterly | 2024-02-23 |
2023-11-09 | $0.14 | quarterly | 2023-11-24 |
2023-08-10 | $0.13 | quarterly | 2023-08-25 |
2023-05-11 | $0.13 | quarterly | 2023-05-26 |
2023-02-09 | $0.12 | quarterly | 2023-02-24 |
2022-11-09 | $0.12 | quarterly | 2022-11-25 |
2022-08-11 | $0.12 | quarterly | 2022-08-26 |
2022-05-12 | $0.12 | quarterly | 2022-05-27 |
2022-02-10 | $0.12 | quarterly | 2022-02-25 |
2021-11-10 | $0.12 | quarterly | 2021-11-26 |
2021-08-12 | $0.11 | quarterly | 2021-08-27 |
2021-05-13 | $0.11 | quarterly | 2021-05-28 |
2021-02-11 | $0.10 | quarterly | 2021-02-26 |
2020-11-05 | $0.10 | quarterly | 2020-11-20 |
2020-08-06 | $0.10 | quarterly | 2020-08-21 |
2020-05-07 | $0.10 | quarterly | 2020-05-22 |
2020-02-06 | $0.10 | quarterly | 2020-02-21 |
2019-11-07 | $0.10 | quarterly | 2019-11-20 |
2019-08-08 | $0.09 | quarterly | 2019-08-23 |
2019-05-09 | $0.09 | quarterly | 2019-05-24 |
2019-02-07 | $0.09 | quarterly | 2019-02-22 |
2018-11-08 | $0.09 | quarterly | 2018-11-23 |
2018-08-09 | $0.08 | quarterly | 2018-08-24 |
2018-05-10 | $0.08 | quarterly | 2018-05-25 |
2018-02-15 | $0.07 | quarterly | 2018-03-02 |
2017-11-09 | $0.07 | quarterly | 2017-11-24 |
2017-08-09 | $0.07 | quarterly | 2017-08-25 |
2017-05-10 | $0.07 | quarterly | 2017-05-26 |
2017-02-08 | $0.07 | quarterly | 2017-02-24 |
2016-11-08 | $0.07 | quarterly | 2016-11-25 |
2016-08-10 | $0.06 | quarterly | 2016-08-26 |
2016-05-11 | $0.06 | quarterly | 2016-05-27 |
2016-02-10 | $0.06 | quarterly | 2016-02-26 |
2015-11-10 | $0.06 | quarterly | 2015-11-27 |
2015-08-12 | $0.05 | quarterly | 2015-08-28 |
2015-05-13 | $0.05 | quarterly | 2015-05-29 |
2015-02-04 | $0.04 | quarterly | 2015-02-20 |
2014-11-05 | $0.04 | quarterly | 2014-11-21 |
2014-08-06 | $0.04 | quarterly | 2014-08-22 |
2014-05-07 | $0.04 | quarterly | 2014-05-23 |
2014-02-05 | $0.04 | quarterly | 2014-02-21 |
2013-10-30 | $0.04 | quarterly | 2013-11-15 |
2013-07-31 | $0.03 | quarterly | 2013-08-16 |
2013-05-08 | $0.03 | quarterly | 2013-05-24 |
2013-03-15 | $0.03 | quarterly | 2013-04-03 |
SB Financial Dividend per year
SB Financial Dividend growth
SB Financial Dividend Yield
SB Financial current trailing twelve-month (TTM) dividend yield is 2.56%. Interested in purchasing SB Financial stock? Use our calculator to estimate your expected dividend yield:
SB Financial Financial Ratios
SB Financial Dividend FAQ
Other factors to consider when evaluating SB Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: SB Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SB Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SB Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SB Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: SB Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SB Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SB Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of SB Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SB Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.