Summit Financial Group Dividends and Buybacks
Dividend criteria checks 2/6
Summit Financial Group is a dividend paying company with a current yield of 3.42% that is well covered by earnings.
Key information
3.4%
Dividend yield
-0.06%
Buyback Yield
Total Shareholder Yield | 3.4% |
Future Dividend Yield | 3.1% |
Dividend Growth | 5.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.880 |
Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
If EPS Growth Is Important To You, Summit Financial Group (NASDAQ:SMMF) Presents An Opportunity
Jun 08Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend Will Be Larger Than Last Year's
Aug 29Summit Financial raises dividend by 11% to $0.20
Aug 25Summit Financial Q2 GAAP EPS, revenue up Y/Y
Jul 28Summit Financial Group (NASDAQ:SMMF) Will Pay A Dividend Of US$0.18
Jun 03Summit Financials: Reasonably Priced With Acquisition Upside
Jan 19Summit Financial Group (NASDAQ:SMMF) Will Pay A Larger Dividend Than Last Year At US$0.18
Nov 23Summit Financial Group's (NASDAQ:SMMF) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 02Summit Financial declares $0.17 dividend
May 28Some Shareholders May find It Hard To Increase Summit Financial Group, Inc.'s (NASDAQ:SMMF) CEO Compensation This Year
May 14If You Like EPS Growth Then Check Out Summit Financial Group (NASDAQ:SMMF) Before It's Too Late
May 07How Does Summit Financial Group, Inc. (NASDAQ:SMMF) Stand Up To These Simple Dividend Safety Checks?
Apr 02Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend
Mar 07Shareholders Of Summit Financial Group (NASDAQ:SMMF) Must Be Happy With Their 87% Return
Feb 22Summit Financial reports Q4 results
Feb 01Is Summit Financial Group, Inc. (NASDAQ:SMMF) Popular Amongst Insiders?
Jan 26What Can We Conclude About Summit Financial Group's (NASDAQ:SMMF) CEO Pay?
Dec 30Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend
Dec 09Independent Director Gary Hinkle Just Bought 1.2% More Shares In Summit Financial Group, Inc. (NASDAQ:SMMF)
Dec 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SMMF has been paying a dividend for less than 10 years.
Growing Dividend: SMMF's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Summit Financial Group Dividend Yield vs Market |
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Segment | Dividend Yield |
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Company (SMMF) | 3.4% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.5% |
Industry Average (Banks) | 2.7% |
Analyst forecast (SMMF) (up to 3 years) | 3.1% |
Notable Dividend: SMMF's dividend (3.42%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: SMMF's dividend (3.42%) is low compared to the top 25% of dividend payers in the US market (4.75%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (22%), SMMF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/05/03 12:00 |
End of Day Share Price | 2024/05/03 00:00 |
Earnings | 2024/03/31 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Summit Financial Group, Inc. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Cary Morris | BB&T Capital Markets |
Russell Elliott Gunther | D.A. Davidson & Co. |
Stephen Moss | Janney Montgomery Scott LLC |