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SmartFinancial Approves Regular Quarterly Cash Dividend

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SmartFinancial, Inc. (NYSE: SMBK), the parent company of SmartBank, has announced a quarterly cash dividend of $0.08 per share. This dividend was declared by the company's board of directors on July 25, 2024. The dividend will be payable on August 26, 2024, to shareholders who are on record as of the close of business on August 9, 2024. This regular dividend demonstrates SmartFinancial's commitment to providing consistent returns to its shareholders and may indicate the company's financial stability and confidence in its future performance.

SmartFinancial, Inc. (NYSE: SMBK), la società madre di SmartBank, ha annunciato un dividendo in contante trimestrale di $0,08 per azione. Questo dividendo è stato dichiarato dal consiglio di amministrazione dell'azienda il 25 luglio 2024. Il dividendo sarà pagabile il 26 agosto 2024, agli azionisti registrati alla chiusura dell'attività del 9 agosto 2024. Questo dividendo regolare dimostra l'impegno di SmartFinancial nel garantire ritorni costanti ai suoi azionisti e può indicare la stabilità finanziaria dell'azienda e la fiducia nelle sue future prestazioni.

SmartFinancial, Inc. (NYSE: SMBK), la empresa matriz de SmartBank, ha anunciado un dividendo en efectivo trimestral de $0.08 por acción. Este dividendo fue declarado por la junta directiva de la compañía el 25 de julio de 2024. El dividendo será pagadero el 26 de agosto de 2024, a los accionistas que estén registrados al cierre de operaciones del 9 de agosto de 2024. Este dividendo regular demuestra el compromiso de SmartFinancial de proporcionar retornos consistentes a sus accionistas y puede indicar la estabilidad financiera de la empresa y la confianza en su desempeño futuro.

SmartFinancial, Inc. (NYSE: SMBK), SmartBank의 모회사,가 주당 $0.08의 분기 현금 배당금을 발표했습니다. 이 배당금은 2024년 7월 25일 이사회에 의해 선언되었습니다. 배당금은 2024년 8월 26일에 지급될 예정이며, 2024년 8월 9일 영업 마감 시점에 기록된 주주에게 지급됩니다. 이러한 정기적인 배당금은 SmartFinancial이 주주에게 지속적인 수익을 제공하겠다는 의지를 보여주며, 회사의 재정적 안정성과 미래 실적에 대한 자신감을 나타낼 수 있습니다.

SmartFinancial, Inc. (NYSE: SMBK), la société mère de SmartBank, a annoncé un dividende en espèces trimestriel de 0,08 $ par action. Ce dividende a été déclaré par le conseil d'administration de l'entreprise le 25 juillet 2024. Le dividende sera payable le 26 août 2024, aux actionnaires inscrits à la clôture des activités du 9 août 2024. Ce dividende régulier démontre l'engagement de SmartFinancial à fournir des rendements constants à ses actionnaires et peut indiquer la stabilité financière de l'entreprise ainsi que la confiance dans ses performances futures.

SmartFinancial, Inc. (NYSE: SMBK), das Mutterunternehmen von SmartBank, hat eine vierteljährliche Barausschüttung von $0,08 pro Aktie angekündigt. Diese Dividende wurde am 25. Juli 2024 vom Vorstand des Unternehmens beschlossen. Die Dividende wird am 26. August 2024 an Aktionäre ausgezahlt, die am Ende des Geschäftstags am 9. August 2024 registriert sind. Diese regelmäßige Dividende zeigt das Engagement von SmartFinancial, seinen Aktionären konstante Renditen zu bieten, und könnte auf die finanzielle Stabilität des Unternehmens sowie das Vertrauen in die zukünftige Leistung hinweisen.

Positive
  • Declared a quarterly cash dividend of $0.08 per share
  • Consistent dividend payout indicates financial stability
  • Demonstrates commitment to shareholder returns
Negative
  • None.

KNOXVILLE, Tenn., July 25, 2024 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial”) (NYSE: SMBK), the parent company for SmartBank, announced that on July 25, 2024, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.08 per share of SmartFinancial common stock payable on August 26, 2024, to shareholders of record as of the close of business on August 9, 2024.

About SmartFinancial, Inc.

SmartFinancial, Inc., based in Knoxville, Tennessee, is the publicly-traded bank holding company for SmartBank. SmartBank is a full-service commercial bank founded in 2007 with branches across Tennessee, Alabama, and Florida. Recruiting the best people, delivering exceptional client service, strategic branching, and a disciplined approach to lending have all contributed to the company’s success. More information about SmartFinancial can be found on its website: www.smartfinancialinc.com.

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of and subject to the safe harbor protections of the Private Securities Litigation Reform Act of 1995. In general, forward-looking statements can be identified by the use of words such as “may,” “depend,” “believe,” “expect,” “anticipate,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential”, or the negative of these terms or other comparable terminology. Forward-looking statements represent management’s beliefs with regard to the matters addressed, based upon information available at the time the statements are made; they are not guarantees of future performance, and they should they not be relied upon as representing management’s views as of any date subsequent to the date first made. Forward-looking statements are subject to numerous assumptions, risks and uncertainties that change over time and could cause actual results or financial condition to differ materially from those expressed in or implied by such statements.

Factors that could affect the forward-looking statements in this release can be found in the cautionary language included under the headings “Forward-Looking Statements” and “Risk Factors” in SmartFinancial’s Annual Report on Form 10-K for the year ended December 31, 2023, and other documents subsequently filed by SmartFinancial with the SEC. No forward-looking statement can be guaranteed. SmartFinancial expressly disclaims any obligation to update any factors or to announce publicly the result of revisions to any of the forward-looking statements included herein to reflect future events or developments.

Investor Contacts

Billy Carroll
President and Chief Executive Officer
SmartFinancial, Inc.
Email: billy.carroll@smartbank.com
Phone: 865.868.0613

Ron Gorczynski
Executive Vice President
Chief Financial Officer
SmartFinancial, Inc.
Email: ron.gorczynski@smartbank.com
Phone: 865.437.5724

Investor Relations

Nathan Strall
Vice President
Director of Strategy & Corporate Development
SmartFinancial, Inc.
Email: nathan.strall@smartbank.com
Phone: 865.868.2604


FAQ

What is the amount of SmartFinancial's (SMBK) quarterly dividend for Q3 2024?

SmartFinancial (SMBK) has declared a quarterly cash dividend of $0.08 per share for Q3 2024.

When will SmartFinancial (SMBK) pay its Q3 2024 dividend?

SmartFinancial (SMBK) will pay its Q3 2024 dividend on August 26, 2024.

What is the record date for SmartFinancial's (SMBK) Q3 2024 dividend?

The record date for SmartFinancial's (SMBK) Q3 2024 dividend is August 9, 2024, at the close of business.

How often does SmartFinancial (SMBK) pay dividends?

Based on the announcement of a quarterly cash dividend, SmartFinancial (SMBK) appears to pay dividends on a quarterly basis.

SmartFinancial, Inc.

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