Summit Financial Group, Inc. Announces Q2 Dividend of $0.17 Per Share
Summit Financial Group (NASDAQ: SMMF) has declared a dividend of $0.17 per share for the second quarter of 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – SMMF
The recorded move for SMMF in the trading session of this news was +0.76%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
Summit Financial Group, Inc. is a
| Contact: | Teresa Ely, Director of Shareholder Relations |
| Telephone: | (304) 530-0526 |
| Email: | tely@summitfgi.com |
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