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SmartFinancial (SmartFinancial) 3-Year Dividend Growth Rate : 17.00% (As of Dec. 2023)


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What is SmartFinancial 3-Year Dividend Growth Rate?

SmartFinancial's Dividends per Share for the three months ended in Dec. 2023 was $0.08.

The historical rank and industry rank for SmartFinancial's 3-Year Dividend Growth Rate or its related term are showing as below:

SMBK' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -4.2   Med: 61.5   Max: 77.6
Current: 17

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SmartFinancial was 77.60% per year. The lowest was -4.20% per year. And the median was 61.50% per year.

SMBK's 3-Year Dividend Growth Rate is ranked better than
74.97% of 775 companies
in the Banks industry
Industry Median: 7.4 vs SMBK: 17.00

During the past 12 months, SmartFinancial's average Dividends Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

SmartFinancial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.20. As of today, SmartFinancial's Dividend Yield % is 1.55%.

Good Sign:

SmartFinancial Inc stock dividend yield is close to 5-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of SmartFinancial's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, SmartFinancial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SmartFinancial's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SmartFinancial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where SmartFinancial's 3-Year Dividend Growth Rate falls into.



SmartFinancial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


SmartFinancial  (NYSE:SMBK) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

SmartFinancial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.08/ 0.41
=0.20

During the past 13 years, the highest Dividend Payout Ratio of SmartFinancial was 0.17. The lowest was 0.03. And the median was 0.11.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

SmartFinancial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0802024-02-012024-02-022024-02-20Cash DividendquarterlyUSD: 1.000000
USD 0.0802023-11-102023-11-132023-11-27Cash DividendquarterlyUSD: 1.000000
USD 0.0802023-08-102023-08-112023-08-28Cash DividendquarterlyUSD: 1.000000
USD 0.0802023-05-112023-05-122023-05-29Cash DividendquarterlyUSD: 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

SmartFinancial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.32/20.66
=1.55 %

Current Share Price is $20.66.
SmartFinancial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.32.

During the past 13 years, the highest Dividend Yield of SmartFinancial was 1.66%. The lowest was 0.22%. And the median was 1.01%.

Good Sign:

SmartFinancial Inc stock dividend yield is close to 5-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SmartFinancial 3-Year Dividend Growth Rate Related Terms>


SmartFinancial (SmartFinancial) Business Description

Traded in Other Exchanges
N/A
Address
5401 Kingston Pike, Suite 600, Knoxville, TN, USA, 37919
SmartFinancial Inc operates as a bank holding company for SmartBank. It offers various banking and financial services to individuals and corporate customers. The principal business of the Bank consists of attracting deposits from the general public and investing those funds, together with funds generated from operations and from principal and interest payments on loans, primarily in commercial loans, commercial and residential real estate loans, consumer loans, and residential and commercial construction loans. The primary source of revenue is interest income from earning assets, namely loans and securities.
Executives
John M Presley director 770 NORTH WATER STREET, ATTENTION: CORPORATE SECRETARIES DEPT., MILWAUKEE WI 53202
Rhett D. Jordan officer: Chief Credit Officer & EVP 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Geoffrey Alan Wolpert director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Ted Charles Miller director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Keith Edward Whaley director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Wesley Miller Welborn director, officer: Chairman 6401 LEE HIGHWAY, STE B, CHATTANOOGA TN 37421
David Austin Ogle director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Carroll William Young Jr. director, officer: President and CEO 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Cathy G Ackermann director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Clifton N Miller director 5401 KINGSTON PIKE SUITE 600, KNOXVILLE TN 37919
Ronald J Gorczynski officer: Chief Financial Officer & EVP 3980 PREMIER DRIVE, SUITE 210, HIGH POINT NC 27265
Carroll William Young Sr. director, officer: Vice-Chairman 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
Monique Berke director 6401 LEE HIGHWAY, SUITE 119, CHATTANOOGA TN 37421
Ottis H Phillips director 5401 KINGSTON PIKE, SUITE 600, KNOXVILLE TN 37919
James Beaumont Wicks director 38 RIDGELAND, TUSCALOOSA AL 35406