Summit Financial Group, Inc. Announces Q2 Common Dividend of $0.18 Per Share

Rhea-AI Summary

Summit Financial Group, Inc. (NASDAQ: SMMF) has declared a second quarter 2022 dividend of $0.18 per share, payable on June 30, 2022. Shareholders of record as of the close of business on June 15, 2022 will receive this payment. As a financial holding company with assets of $3.64 billion, Summit focuses on commercial lending and a range of financial services through its digital platforms and 45 branch locations, serving clients in West Virginia, Virginia, Kentucky, and the Washington, D.C. region.

Positive

• Declared a second quarter dividend of $0.18 per share, affirming shareholder returns.
• Financial holding company with $3.64 billion in assets indicates stability.

Negative

• None.

News Market Reaction

+0.44%

1 alert

+0.44% News Effect

On the day this news was published, SMMF gained 0.44%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MOOREFIELD, W.Va., May 31, 2022 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a second quarter 2022 dividend of $0.18 per share payable on June 30, 2022 to common shareholders of record as of the close of business on June 15, 2022.

Summit Financial Group, Inc. is the $3.64 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, and Kentucky. Summit’s focus on in-market commercial lending and providing other business banking services in dynamic markets is designed to leverage its highly efficient operations and core deposits in strong legacy locations. Residential and consumer lending, trust and wealth management, and other retail financial services are offered through convenient digital and mobile banking platforms, including MySummit.bank, and 45 full-service branch locations. More information on Summit Financial Group, Inc. (NASDAQ: SMMF), headquartered in West Virginia’s Eastern Panhandle in Moorefield, is available at SummitFGI.com.

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 Q2 2022?

Summit Financial Group declared a dividend of $0.18 per share for Q2 2022.

When will the dividend be paid to Summit Financial Group shareholders?

The dividend will be paid on June 30, 2022.

When is the record date for the Summit Financial Group Q2 2022 dividend?

The record date for the dividend is June 15, 2022.

What services does Summit Financial Group provide?

Summit Financial Group offers commercial and consumer lending, trust and wealth management, and retail financial services.