SB Financial Group, Inc. (SBFG) To Go Ex-Dividend on November 14th

SB Financial Group, Inc. (NASDAQ:SBFG) declared a quarterly dividend on Wednesday, October 15th. Investors of record on Friday, November 14th will be paid a dividend of 0.155 per share by the financial services provider on Friday, November 28th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, November 14th. This is a 3.3% increase from SB Financial Group’s previous quarterly dividend of $0.15.

SB Financial Group has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 12 years. SB Financial Group has a payout ratio of 28.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect SB Financial Group to earn $2.18 per share next year, which means the company should continue to be able to cover its $0.62 annual dividend with an expected future payout ratio of 28.4%.

SB Financial Group Price Performance

Shares of SBFG stock traded up $0.84 during mid-day trading on Wednesday, reaching $21.61. The stock had a trading volume of 7,595 shares, compared to its average volume of 23,572. The company has a market cap of $136.78 million, a P/E ratio of 11.81 and a beta of 0.32. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.41. SB Financial Group has a 12-month low of $17.10 and a 12-month high of $24.48. The business has a 50-day simple moving average of $20.05 and a 200 day simple moving average of $19.67.

SB Financial Group (NASDAQ:SBFG) last posted its earnings results on Thursday, November 6th. The financial services provider reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.06. The firm had revenue of $16.58 million during the quarter, compared to the consensus estimate of $12.30 million. SB Financial Group had a net margin of 13.78% and a return on equity of 9.57%. On average, sell-side analysts anticipate that SB Financial Group will post 2 earnings per share for the current year.

About SB Financial Group

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.