Summit Financial Group Dividend
Dividend criteria checks 2/6
Summit Financial Group is a dividend paying company with a current yield of 4.1% that is well covered by earnings. Next payment date is on 30 Jun 2023 with an ex-dividend date of 14 Jun 2023.
|Industry average yield||3.7%|
|Next dividend pay date||30 Jun 23|
|Ex dividend date||14 Jun 23|
|Dividend per share||US$0.80|
|Earnings per share||US$4.28|
|Dividend yield forecast in 3Y||4.1%|
Recent dividend updates
Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend Will Be Larger Than Last Year'sAug 29
Summit Financial raises dividend by 11% to $0.20Aug 25
Summit Financial Q2 GAAP EPS, revenue up Y/YJul 28
Summit Financial Group (NASDAQ:SMMF) Will Pay A Dividend Of US$0.18Jun 03
Summit Financials: Reasonably Priced With Acquisition UpsideJan 19
Summit Financial Group (NASDAQ:SMMF) Will Pay A Larger Dividend Than Last Year At US$0.18Nov 23
Summit Financial Group's (NASDAQ:SMMF) Shareholders Will Receive A Bigger Dividend Than Last YearSep 02
Summit Financial declares $0.17 dividendMay 28
Some Shareholders May find It Hard To Increase Summit Financial Group, Inc.'s (NASDAQ:SMMF) CEO Compensation This YearMay 14
If You Like EPS Growth Then Check Out Summit Financial Group (NASDAQ:SMMF) Before It's Too LateMay 07
How Does Summit Financial Group, Inc. (NASDAQ:SMMF) Stand Up To These Simple Dividend Safety Checks?Apr 02
Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming DividendMar 07
Shareholders Of Summit Financial Group (NASDAQ:SMMF) Must Be Happy With Their 87% ReturnFeb 22
Summit Financial reports Q4 resultsFeb 01
Is Summit Financial Group, Inc. (NASDAQ:SMMF) Popular Amongst Insiders?Jan 26
What Can We Conclude About Summit Financial Group's (NASDAQ:SMMF) CEO Pay?Dec 30
Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming DividendDec 09
Independent Director Gary Hinkle Just Bought 1.2% More Shares In Summit Financial Group, Inc. (NASDAQ:SMMF)Dec 06
Upcoming Dividend Payment
Dividend Yield vs Market
|Summit Financial Group Dividend Yield vs Market|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||5.2%|
|Industry Average (Banks)||3.7%|
|Analyst forecast in 3 Years (SMMF)||4.1%|
Notable Dividend: SMMF's dividend (4.08%) is higher than the bottom 25% of dividend payers in the US market (1.71%).
High Dividend: SMMF's dividend (4.08%) is low compared to the top 25% of dividend payers in the US market (5.15%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
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 8 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.2%), 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.