Summit Financial Group, Inc.

NasdaqGS:SMMF Stock Report

Market Cap: US$377.4m

Summit Financial Group Dividend

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

22%

Payout ratio

Industry average yield2.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.880
Earnings per shareUS$3.90
Dividend yield forecast3.1%

Recent dividend updates

Recent updates

If EPS Growth Is Important To You, Summit Financial Group (NASDAQ:SMMF) Presents An Opportunity

Jun 08
If EPS Growth Is Important To You, Summit Financial Group (NASDAQ:SMMF) Presents An Opportunity

Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend Will Be Larger Than Last Year's

Aug 29
Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend Will Be Larger Than Last Year's

Summit Financial raises dividend by 11% to $0.20

Aug 25

Summit Financial Q2 GAAP EPS, revenue up Y/Y

Jul 28

Summit Financial Group (NASDAQ:SMMF) Will Pay A Dividend Of US$0.18

Jun 03
Summit Financial Group (NASDAQ:SMMF) Will Pay A Dividend Of US$0.18

Summit Financials: Reasonably Priced With Acquisition Upside

Jan 19

Summit Financial Group (NASDAQ:SMMF) Will Pay A Larger Dividend Than Last Year At US$0.18

Nov 23
Summit Financial Group (NASDAQ:SMMF) Will Pay A Larger Dividend Than Last Year At US$0.18

Summit Financial Group's (NASDAQ:SMMF) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 02
Summit Financial Group's (NASDAQ:SMMF) Shareholders Will Receive A Bigger Dividend Than Last Year

Summit Financial declares $0.17 dividend

May 28

Some Shareholders May find It Hard To Increase Summit Financial Group, Inc.'s (NASDAQ:SMMF) CEO Compensation This Year

May 14
Some Shareholders May find It Hard To Increase Summit Financial Group, Inc.'s (NASDAQ:SMMF) CEO Compensation This Year

If You Like EPS Growth Then Check Out Summit Financial Group (NASDAQ:SMMF) Before It's Too Late

May 07
If You Like EPS Growth Then Check Out Summit Financial Group (NASDAQ:SMMF) Before It's Too Late

How Does Summit Financial Group, Inc. (NASDAQ:SMMF) Stand Up To These Simple Dividend Safety Checks?

Apr 02
How Does Summit Financial Group, Inc. (NASDAQ:SMMF) Stand Up To These Simple Dividend Safety Checks?

Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend

Mar 07
Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend

Shareholders Of Summit Financial Group (NASDAQ:SMMF) Must Be Happy With Their 87% Return

Feb 22
Shareholders Of Summit Financial Group (NASDAQ:SMMF) Must Be Happy With Their 87% Return

Summit Financial reports Q4 results

Feb 01

Is Summit Financial Group, Inc. (NASDAQ:SMMF) Popular Amongst Insiders?

Jan 26
Is Summit Financial Group, Inc. (NASDAQ:SMMF) Popular Amongst Insiders?

What Can We Conclude About Summit Financial Group's (NASDAQ:SMMF) CEO Pay?

Dec 30
What Can We Conclude About Summit Financial Group's (NASDAQ:SMMF) CEO Pay?

Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend

Dec 09
Here's What We Like About Summit Financial Group's (NASDAQ:SMMF) Upcoming Dividend

Independent Director Gary Hinkle Just Bought 1.2% More Shares In Summit Financial Group, Inc. (NASDAQ:SMMF)

Dec 06
Independent Director Gary Hinkle Just Bought 1.2% More Shares In Summit Financial Group, Inc. (NASDAQ:SMMF)

Stability 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
How does SMMF dividend yield compare to the market?
SegmentDividend Yield
Company (SMMF)3.4%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Banks)2.9%
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.


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