Southern Missouri Bancorp, Inc. (SMBC) to Issue Quarterly Dividend of $0.25 on February 27th

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) declared a quarterly dividend on Tuesday, January 20th. Shareholders of record on Friday, February 13th will be given a dividend of 0.25 per share by the savings and loans company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, February 13th.

Southern Missouri Bancorp has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 13 consecutive years. Southern Missouri Bancorp has a payout ratio of 18.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Southern Missouri Bancorp to earn $5.70 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 17.5%.

Southern Missouri Bancorp Trading Down 1.1%

Shares of SMBC opened at $64.57 on Wednesday. The company’s fifty day simple moving average is $61.31 and its 200-day simple moving average is $56.75. The company has a market cap of $723.31 million, a P/E ratio of 11.17 and a beta of 0.99. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22. Southern Missouri Bancorp has a twelve month low of $45.10 and a twelve month high of $66.56.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its quarterly earnings results on Friday, February 6th. The savings and loans company reported $1.61 EPS for the quarter. Southern Missouri Bancorp had a net margin of 20.80% and a return on equity of 11.92%. The company had revenue of $49.65 million for the quarter. As a group, analysts expect that Southern Missouri Bancorp will post 5.06 EPS for the current year.

Insider Buying and Selling

In other Southern Missouri Bancorp news, Director William E. Young sold 1,500 shares of Southern Missouri Bancorp stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $53.87, for a total transaction of $80,805.00. Following the completion of the sale, the director directly owned 93,552 shares of the company’s stock, valued at $5,039,646.24. The trade was a 1.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 15.81% of the stock is owned by insiders.

Hedge Funds Weigh In On Southern Missouri Bancorp

Several institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Southern Missouri Bancorp by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,681 shares of the savings and loans company’s stock valued at $296,000 after acquiring an additional 234 shares in the last quarter. Rhumbline Advisers increased its position in Southern Missouri Bancorp by 3.5% during the 2nd quarter. Rhumbline Advisers now owns 15,136 shares of the savings and loans company’s stock valued at $829,000 after purchasing an additional 518 shares during the period. SG Americas Securities LLC raised its holdings in shares of Southern Missouri Bancorp by 11.0% in the 4th quarter. SG Americas Securities LLC now owns 5,537 shares of the savings and loans company’s stock valued at $327,000 after purchasing an additional 550 shares in the last quarter. Private Trust Co. NA bought a new stake in shares of Southern Missouri Bancorp in the 2nd quarter valued at about $32,000. Finally, Russell Investments Group Ltd. lifted its position in shares of Southern Missouri Bancorp by 2.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 31,840 shares of the savings and loans company’s stock worth $1,674,000 after purchasing an additional 801 shares during the period. Hedge funds and other institutional investors own 49.49% of the company’s stock.

Southern Missouri Bancorp Company Profile

Southern Missouri Bancorp, Inc (NASDAQ: SMBC) is a bank holding company headquartered in West Plains, Missouri, serving as the parent of Southern Bank. The company focuses on delivering community banking services to individual and commercial customers across southern Missouri and northern Arkansas. It operates branch offices in local markets and provides a comprehensive suite of deposit and lending products tailored to both urban and rural communities.

Through its subsidiary, Southern Bank, the company offers deposit products such as checking and savings accounts, money market accounts and certificates of deposit, alongside digital and mobile banking platforms.