Summit Financial Group Stock Dividends
SMMF pays dividends quarterly. Last paid amount was $0.220 at Mar 29, 2024. As of today, dividend yield (TTM) is 3.47%.
Dividend Yield Range
AI Analysis of SMMF
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.47% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 10.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.220 |
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Summit Financial Group has not yet announced its next dividend date. Last payment date was: Mar 29, 2024.
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SMMF Dividend Payout History
To ensure a understanding of SMMF's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 23, 2024 | Mar 14, 2024 | Mar 29, 2024 | $0.220 | 0.81% |
| 2 | Nov 23, 2023 | Dec 14, 2023 | Dec 29, 2023 | $0.220 | 0.717% |
| 3 | Aug 25, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.220 | 0.98% |
| 4 | May 25, 2023 | Jun 14, 2023 | Jun 30, 2023 | $0.200 | 0.97% |
| 5 | Feb 23, 2023 | Mar 14, 2023 | Mar 31, 2023 | $0.200 | 0.96% |
| 6 | Nov 17, 2022 | Dec 14, 2022 | Dec 30, 2022 | $0.200 | 0.80% |
| 7 | Aug 25, 2022 | Sep 14, 2022 | Sep 30, 2022 | $0.200 | 0.742% |
| 8 | May 31, 2022 | Jun 14, 2022 | Jun 30, 2022 | $0.180 | 0.648% |
| 9 | Feb 25, 2022 | Mar 14, 2022 | Mar 31, 2022 | $0.180 | 0.703% |
| 10 | Nov 18, 2021 | Dec 14, 2021 | Dec 31, 2021 | $0.180 | 0.656% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
SMMF Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SMMF dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in SMMF stock here.
Comparing SMMF to Sector and Country
SMMF pays a solid dividend yield of 3.47%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.85%). SMMF’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.
SMMF Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| WhiteHorse Finance | 301.463M | $0.385 | 12.11% | 136.93% | |
| Horizon Technology Finance Corporation | 406.942M | $0.110 | 11.17% | 328.65% | |
| Summit Financial Group | 396.46M | $0.220 | 3.47% | 22.08% |
