Summit Financial Group, Inc. Announces Q1 Dividend of $0.17 Per Share

Rhea-AI Summary

Summit Financial Group, Inc. (NASDAQ: SMMF) declared a Q1 2021 dividend of $0.17 per share, payable on March 31, 2021, to shareholders on record as of March 15, 2021. Headquartered in Moorefield, West Virginia, Summit is a $3.11 billion financial holding company providing community banking services across regions in West Virginia, Virginia, and Kentucky through its subsidiary, Summit Community Bank, offering 43 banking locations.

Positive

• Declaration of a dividend of $0.17 per share, demonstrating consistent shareholder returns.
• The company has a strong market presence with a total asset value of $3.11 billion.

Negative

• None.

News Market Reaction

+5.06%

1 alert

+5.06% News Effect

On the day this news was published, SMMF gained 5.06%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MOOREFIELD, W.Va., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a first quarter 2021 dividend of $0.17 per share payable on March 31, 2021 to common shareholders of record as of the close of business on March 15, 2021.

Summit Financial Group, Inc. is a $3.11 billion financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia, the Northern, Shenandoah Valley and Southwestern regions of Virginia and the Central region of Kentucky, through its bank subsidiary, Summit Community Bank, Inc., which operates forty-three banking locations.

Contact:	Teresa Ely, Director of Shareholder Relations
Telephone:	(304) 530-0526
Email:	tely@summitfgi.com

FAQ

What is the dividend amount declared by Summit Financial Group for Q1 2021?

The dividend amount declared is $0.17 per share.

When will the dividend be paid by Summit Financial Group?

The dividend will be paid on March 31, 2021.

What is the record date for the dividend payment by Summit Financial Group?

The record date is March 15, 2021.

What regions does Summit Financial Group serve?

Summit Financial Group provides services primarily in West Virginia, Virginia, and Kentucky.