Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) to Issue Quarterly Dividend of $0.25

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) announced a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Friday, May 15th will be paid a dividend of 0.25 per share by the savings and loans company on Friday, May 29th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, May 15th.

Southern Missouri Bancorp has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 13 consecutive years. Southern Missouri Bancorp has a payout ratio of 18.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Southern Missouri Bancorp to earn $6.80 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 14.7%.

Southern Missouri Bancorp Stock Performance

Shares of NASDAQ:SMBC opened at $65.66 on Thursday. The business has a 50-day moving average of $64.01 and a two-hundred day moving average of $59.90. The firm has a market capitalization of $729.48 million, a PE ratio of 11.36 and a beta of 0.92. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.99 and a quick ratio of 0.99. Southern Missouri Bancorp has a 12 month low of $47.60 and a 12 month high of $68.90.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings data on Wednesday, April 22nd. The savings and loans company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.08. Southern Missouri Bancorp had a return on equity of 11.92% and a net margin of 20.80%.The business had revenue of $50.25 million for the quarter, compared to analyst estimates of $49.98 million. As a group, research analysts forecast that Southern Missouri Bancorp will post 6.2 earnings per share for the current year.

Southern Missouri Bancorp Company Profile

Southern Missouri Bancorp, Inc (NASDAQ: SMBC) is a bank holding company headquartered in West Plains, Missouri, serving as the parent of Southern Bank. The company focuses on delivering community banking services to individual and commercial customers across southern Missouri and northern Arkansas. It operates branch offices in local markets and provides a comprehensive suite of deposit and lending products tailored to both urban and rural communities.

Through its subsidiary, Southern Bank, the company offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, alongside digital and mobile banking platforms.