SmartFinancial Approves Regular Quarterly Dividend
SmartFinancial has declared a quarterly cash dividend of $0.05 per share, set to be paid on August 24, 2020, for shareholders on record as of August 7, 2020.
Sentiment and the balance of points
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Rhea-AI Summary
SmartFinancial has declared a quarterly cash dividend of $0.05 per share, set to be paid on August 24, 2020, for shareholders on record as of August 7, 2020. This announcement reflects the company’s commitment to returning value to shareholders and its stable financial performance. SmartFinancial, based in Knoxville, operates as a bank holding company for SmartBank, which has expanded its reach across East and Middle Tennessee, Alabama, and the Florida Panhandle. The firm prioritizes client service and a disciplined lending approach.
Positive
- Quarterly cash dividend of $0.05 per share declared.
- Dividend payment reflects company's return to shareholder value.
- SmartFinancial shows stable financial performance amid operational growth.
Negative
- None.
Details
News Market Reaction – SMBK
The recorded move for SMBK in the trading session of this news was -1.41%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
KNOXVILLE, Tenn., July 24, 2020 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (“SmartFinancial”) (Nasdaq: SMBK), the parent company for SmartBank, announced today that its board of directors has approved a regular quarterly dividend.
On July 23, 2020, the board of directors of SmartFinancial declared a quarterly cash dividend of
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 36 branches spanning East and Middle Tennessee, Alabama and the Florida Panhandle. 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.
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
Media Contact
Kelley Fowler
Senior Vice President
Public Relations/Marketing
SmartFinancial, Inc.
Email: kelley.fowler@smartbank.com
Phone: 865.868.0611
FAQ
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