Summit Financial Group, Inc. Announces Q3 Common Dividend of $0.18 per Share

Summit Financial Group, Inc. (NASDAQ: SMMF) announced a third-quarter 2021 dividend of $0.18 per share, payable on September 30, 2021, to shareholders recorded by September 15, 2021.

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)How Sentiment works

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.

How Sentiment works How the balance works

Rhea-AI Summary

Summit Financial Group, Inc. (NASDAQ: SMMF) announced a third-quarter 2021 dividend of $0.18 per share, payable on September 30, 2021, to shareholders recorded by September 15, 2021. Headquartered in Moorefield, West Virginia, Summit Financial Group operates community banking services with assets totaling $3.27 billion through its subsidiary, Summit Community Bank, Inc., which runs 46 full-service locations across West Virginia, Virginia, and Kentucky.

Positive

Declared a dividend payment of $0.18 per share, enhancing shareholder returns.
Operating in multiple regions with 46 banking locations, showcasing strong community presence.

Negative

None.

Argus Session date unavailable

+1.48% session move Open Argus

Details

News Market Reaction – SMMF

The recorded move for SMMF in the trading session of this news was +1.48%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

08/27/2021 - 01:16 PM EDT

MOOREFIELD, W.Va., Aug. 27, 2021 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a third quarter 2021 dividend of $0.18 per share payable on September 30, 2021 to common shareholders of record as of the close of business on September 15, 2021.

Summit Financial Group, Inc. is a $3.27 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-six full-service banking locations.

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Summit Financial Group in Q3 2021?

Summit Financial Group declared a dividend of $0.18 per share for Q3 2021.

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

The dividend will be paid on September 30, 2021.

What is the record date for the Q3 2021 dividend of Summit Financial Group?

The record date for the dividend is September 15, 2021.

How many banking locations does Summit Community Bank operate?

Summit Community Bank operates 46 full-service banking locations.

Summit Financial Group, Inc. Announces Q3 Common Dividend of $0.18 per Share