Summit Financial Group, Inc. (SMMF) Dividends
Dividend Yield and Dividend History Highlights
- In terms of compounded growth rate of annual dividends, SMMF's growth rate has been 0.26% over the past 5.5 years.
- SMMF's free cash flow has decreased for the 7th consecutive quarter.
- As for stocks whose price is uncorrelated with SMMF's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: PKI, AMT, NTCO, PAAS and TG.
SMMF Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $25.70 | $26.52 | 2.6% |
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 SMMF, the DDM model generated by StockNews estimates a return of positive 2.6% in comparison to its current price. To help understand and contextualize the model's evaluation of SMMF, investors may wish to consider are:
- Summit Financial Group Inc's market cap of $334 million US dollars puts it in the small-sized market cap class; here, it has a lower equity discount rate than 37.62% of stocks.
- Amongst its dividend-issuing peers in the small-sized market cap category, SMMF has a beta lower than 36.13% of them.
- Based on dividend growth rate, SMMF boasts a higher growth rate in terms of its annual cash distributed to its owners than 83.42% of the dividend issuers in our set.
SMMF Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-03-14 | Dividend | $0.22 | -- |
| 2023-12-14 | Dividend | $0.22 | -- |
| 2023-09-14 | Dividend | $0.22 | +10.00% |
| 2023-06-14 | Dividend | $0.20 | -- |
| 2023-03-14 | Dividend | $0.20 | -- |
| 2022-12-14 | Dividend | $0.20 | -- |
| 2022-09-14 | Dividend | $0.20 | +11.11% |
| 2022-06-14 | Dividend | $0.18 | -- |
| 2022-03-14 | Dividend | $0.18 | -- |
| 2021-12-14 | Dividend | $0.18 | -- |
| 2021-09-14 | Dividend | $0.18 | +5.88% |
| 2021-06-14 | Dividend | $0.17 | -- |
| 2021-03-12 | Dividend | $0.17 | -- |
| 2020-12-14 | Dividend | $0.17 | -- |
| 2020-09-14 | Dividend | $0.17 | -- |
| 2020-06-12 | Dividend | $0.17 | -- |
| 2020-03-13 | Dividend | $0.17 | +13.33% |
| 2019-12-13 | Dividend | $0.15 | -- |
| 2019-09-13 | Dividend | $0.15 | -- |
| 2019-06-13 | Dividend | $0.15 | +7.14% |
| 2019-03-14 | Dividend | $0.14 | -- |
| 2018-12-13 | Dividend | $0.14 | +7.69% |
| 2018-09-13 | Dividend | $0.13 | -- |
| 2018-06-14 | Dividend | $0.13 | -- |
| 2018-03-14 | Dividend | $0.13 | +18.18% |
| 2017-12-14 | Dividend | $0.11 | -- |
| 2017-09-14 | Dividend | $0.11 | -- |
| 2017-06-13 | Dividend | $0.11 | -- |
| 2017-03-13 | Dividend | $0.11 | +10.00% |
| 2016-12-13 | Dividend | $0.10 | -- |
| 2016-09-13 | Dividend | $0.10 | -- |
| 2016-06-13 | Dividend | $0.10 | -- |
| 2016-03-11 | Dividend | $0.10 | +25.00% |
| 2015-12-11 | Dividend | $0.08 | -- |
| 2015-09-11 | Dividend | $0.08 | -- |
| 2015-06-11 | Dividend | $0.08 | -- |
| 2015-03-12 | Dividend | $0.08 | +33.33% |
| 2009-05-28 | Dividend | $0.06 | -66.67% |
| 2008-11-26 | Dividend | $0.18 | -- |
| 2008-05-29 | Dividend | $0.18 | +5.88% |
| 2007-11-29 | Dividend | $0.17 | -- |
| 2007-05-30 | Dividend | $0.17 | +6.25% |
| 2006-11-29 | Dividend | $0.16 | -- |
| 2006-05-30 | Dividend | $0.16 | -- |
| 2005-11-29 | Dividend | $0.16 | +14.29% |
| 2005-05-27 | Dividend | $0.14 | +3.70% |
| 2004-12-16 | Split | 2-1-for-1 Stock Split | N/A |
| 2004-11-29 | Dividend | $0.27 | +8.00% |
| 2004-05-27 | Dividend | $0.25 | +8.70% |
| 2003-11-26 | Dividend | $0.23 | +15.00% |
| 2003-05-29 | Dividend | $0.20 | +5.26% |
| 2003-03-18 | Split | 2-1-for-1 Stock Split | N/A |
| 2002-11-27 | Dividend | $0.38 | +2.70% |
| 2002-05-30 | Dividend | $0.37 | +5.71% |
| 2001-11-28 | Dividend | $0.35 | -- |
| 2001-08-27 | Split | 2-1-for-1 Stock Split | N/A |
| 2001-05-30 | Dividend | $0.70 | -- |
| 2000-11-29 | Dividend | $0.70 | +40.00% |
| 2000-05-30 | Dividend | $0.50 | -- |
SMMF Dividends vs. Peers
SMMF's dividend yield currently ranks #32 of 66 vs. its peers in the Mid-Atlantic Regional Banks category.
Looking for More Information on SMMF dividends?
Want to do more research on Summit Financial Group Inc's dividends? Try the links below:Summit Financial Group Inc Common Stock (SMMF) Dividend History | Nasdaq
Dividend History for Summit Financial Group Inc (SMMF) - Dividend Investor
Summit Financial Group Inc (SMMF) Dividend History - Seeking Alpha