SmartFinancial, Inc. operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers. It operates through Commercial Real Estate, Consumer Real Estate, Construction and Land Development, Commercial and Industrial, and Consumer and Other segments. The company offers noninterest-bearing and interest-bearing checking, interest-bearing demand, savings, money market, time deposit, individual retirement accounts, as well as certificates of deposit. It also provides commercial and residential real estate, consumer real estate, and construction and land development loans; commercial and financial loans; mortgage loans; and direct consumer installment loans, educational, and other revolving credit loans; and overdraft facilities. In addition, the company offers wealth management, insurance, mortgage origination, and Internet and mobile banking services. As of March 1, 2022, it had 41 full-service branches and 2 loan production offices in East and Middle Tennessee, Alabama, and the Florida Panhandle. The company is headquartered in Knoxville, Tennessee.
SmartFinancial Dividend Announcement
• SmartFinancial announced a quarterly dividend of $0.08 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-12
• SmartFinancial annual dividend for 2024 was $0.32
• SmartFinancial annual dividend for 2023 was $0.32
• SmartFinancial's trailing twelve-month (TTM) dividend yield is 0.87%
• SmartFinancial's payout ratio for the trailing twelve months (TTM) is 16.59%
SmartFinancial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-12 | $0.08 | quarterly | 2024-11-27 |
2024-08-09 | $0.08 | quarterly | 2024-08-26 |
2024-05-09 | $0.08 | quarterly | 2024-05-28 |
2024-02-01 | $0.08 | quarterly | 2024-02-20 |
2023-11-10 | $0.08 | quarterly | 2023-11-27 |
2023-08-10 | $0.08 | quarterly | 2023-08-28 |
2023-05-11 | $0.08 | quarterly | 2023-05-29 |
2023-02-09 | $0.08 | quarterly | 2023-02-27 |
2022-11-10 | $0.07 | quarterly | 2022-11-29 |
2022-08-11 | $0.07 | quarterly | 2022-08-29 |
2022-05-12 | $0.07 | quarterly | 2022-05-31 |
2022-02-10 | $0.07 | quarterly | 2022-02-28 |
2021-11-10 | $0.06 | quarterly | 2021-11-29 |
2021-08-05 | $0.06 | quarterly | 2021-08-23 |
2021-05-06 | $0.06 | quarterly | 2021-05-21 |
2021-02-11 | $0.06 | quarterly | 2021-03-01 |
2020-11-06 | $0.05 | quarterly | 2020-11-23 |
2020-08-06 | $0.05 | quarterly | 2020-08-24 |
2020-05-07 | $0.05 | quarterly | 2020-05-25 |
2020-02-06 | $0.05 | quarterly | 2020-02-21 |
2019-11-20 | $0.05 | quarterly | 2019-12-06 |
2009-06-10 | $0.03 | quarterly | 2009-07-03 |
2009-03-11 | $0.07 | quarterly | 2009-04-03 |
2008-12-17 | $0.07 | quarterly | 2009-01-05 |
2008-09-18 | $0.07 | quarterly | 2008-10-03 |
2008-06-11 | $0.07 | quarterly | 2008-07-03 |
2008-03-12 | $0.07 | quarterly | 2008-04-04 |
2007-12-12 | $0.07 | quarterly | 2008-01-04 |
2007-09-14 | $0.05 | quarterly | 2007-10-05 |
2007-06-14 | $0.05 | quarterly | 2007-07-06 |
2007-03-14 | $0.05 | quarterly | 2007-04-09 |
2006-12-13 | $0.05 | quarterly | 2007-01-08 |
2006-09-13 | $0.06 | quarterly | 2006-10-06 |
2006-06-08 | $0.06 | quarterly | 2006-07-07 |
2006-03-13 | $0.06 | quarterly | 2006-04-10 |
2005-12-15 | $0.06 | quarterly | 2006-01-09 |
2005-06-16 | $0.08 | quarterly | 2005-07-11 |
2004-12-22 | $0.10 | quarterly | 2005-01-18 |
SmartFinancial Dividend per year
SmartFinancial Dividend growth
SmartFinancial Dividend Yield
SmartFinancial current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing SmartFinancial stock? Use our calculator to estimate your expected dividend yield:
SmartFinancial Financial Ratios
SmartFinancial Dividend FAQ
Other factors to consider when evaluating SmartFinancial 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: SmartFinancial'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, SmartFinancial 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, SmartFinancial 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 SmartFinancial 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: SmartFinancial 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, SmartFinancial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SmartFinancial 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 SmartFinancial'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 SmartFinancial'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.