SmartFinancial, Inc. (SMBK) Dividends
Dividend Yield and Dividend History Highlights
- SMBK has issued more total dividends (as measured in absolute US dollars) over the past six years than 3.83% of other US stocks currently paying dividends.
- SMBK has a compound annual growth rate of its cash flow of 0.54%, higher than about 93.25% stocks in our dividend set.
- In terms trailing twelve months of dividends issued, SMBK has returned $3,191,000 US dollars -- more than 9.98% of public US dividend stocks.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with SMBK's price: PINC, RGLD, UFAB, BAH and WEN.
SMBK Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $19.90 | $10.36 | -59.62% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for SMBK, the DDM model generated by StockNews estimates a return of negative 59.62% in comparison to its current price. Digging deeper, the aspects of Smartfinancial Inc's dividend discount model that we found most interesting were:
- Given its market cap of around 437 million US dollars, its dividend yield of 1.09 is greater than only 11.73% of its fellow stocks in the small market cap class.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, the expected return of -59.62%, based on the stock's current share price and target price based on a dividend discount model, is greater than only 16.15% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Smartfinancial Inc bears a discount rate, according to our calculations, lower than only 16.15% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- A stock's beta generally indicates its volatility relative to the broader equity market; as for SMBK, approximately 62.38% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
SMBK Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-01 | Dividend | $0.08 | -- |
| 2023-11-10 | Dividend | $0.08 | -- |
| 2023-08-10 | Dividend | $0.08 | -- |
| 2023-05-11 | Dividend | $0.08 | -- |
| 2023-02-09 | Dividend | $0.08 | +14.29% |
| 2022-11-10 | Dividend | $0.07 | -- |
| 2022-08-11 | Dividend | $0.07 | -- |
| 2022-05-12 | Dividend | $0.07 | -- |
| 2022-02-10 | Dividend | $0.07 | +16.67% |
| 2021-11-10 | Dividend | $0.06 | -- |
| 2021-08-05 | Dividend | $0.06 | -- |
| 2021-05-06 | Dividend | $0.06 | -- |
| 2021-02-11 | Dividend | $0.06 | +20.00% |
| 2020-11-06 | Dividend | $0.05 | -- |
| 2020-08-06 | Dividend | $0.05 | -- |
| 2020-05-07 | Dividend | $0.05 | -- |
| 2020-02-06 | Dividend | $0.05 | -- |
| 2019-11-20 | Dividend | $0.05 | +66.67% |
| 2015-09-23 | Split | 1-4-for-1 Stock Split | N/A |
| 2009-06-10 | Dividend | $0.03 | -57.14% |
| 2009-03-11 | Dividend | $0.07 | -- |
| 2008-12-17 | Dividend | $0.07 | -- |
| 2008-09-17 | Dividend | $0.07 | -- |
| 2008-06-11 | Dividend | $0.07 | -- |
| 2008-03-12 | Dividend | $0.07 | -- |
| 2007-12-12 | Dividend | $0.07 | +40.00% |
| 2007-09-14 | Dividend | $0.05 | -- |
| 2007-06-14 | Dividend | $0.05 | -- |
| 2007-03-14 | Dividend | $0.05 | +100.00% |
| 2006-12-19 | Split | 2-1-for-1 Stock Split | N/A |
| 2006-12-13 | Dividend | $0.05 | -16.67% |
| 2006-09-13 | Dividend | $0.06 | -- |
| 2006-06-08 | Dividend | $0.06 | -- |
| 2006-03-13 | Dividend | $0.06 | -- |
| 2005-12-15 | Dividend | $0.06 | -25.00% |
| 2005-06-16 | Dividend | $0.08 | -20.00% |
| 2004-12-22 | Dividend | $0.10 | -- |
| 2004-09-23 | Split |
SMBK Dividends vs. Peers
SMBK's dividend yield currently ranks #40 of 62 vs. its peers in the Southeast Regional Banks category.