Summit Financial Group, Inc. Announces Q2 Dividend of $0.17 Per Share

Rhea-AI Summary

Summit Financial Group (NASDAQ: SMMF) has declared a dividend of $0.17 per share for the second quarter of 2021. This dividend is payable on June 30, 2021, to common shareholders on record as of June 15, 2021. Summit, a financial holding company with assets of $3.25 billion, primarily serves community banking needs in West Virginia, Virginia, and Kentucky through its subsidiary, Summit Community Bank, which operates 43 locations.

Positive

• Declared a dividend of $0.17 per share, enhancing shareholder value.
• Strong asset base of $3.25 billion indicates financial stability.

Negative

• None.

News Market Reaction

+0.76%

1 alert

+0.76% News Effect

On the day this news was published, SMMF gained 0.76%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MOOREFIELD, W.Va., May 28, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a second quarter 2021 dividend of $0.17 per share payable on June 30, 2021 to common shareholders of record as of the close of business on June 15, 2021.

Summit Financial Group, Inc. is a $3.25 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 for SMMF in Q2 2021?

The dividend amount for Summit Financial Group (SMMF) in Q2 2021 is $0.17 per share.

When will the SMMF dividend be paid?

The SMMF dividend will be paid on June 30, 2021.

What is the record date for the SMMF dividend?

The record date for the SMMF dividend is June 15, 2021.

How often does Summit Financial Group pay dividends?

Summit Financial Group has a history of declaring quarterly dividends.