Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Announces Quarterly Dividend of $0.25

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) declared a quarterly dividend on Wednesday, January 21st. Stockholders 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) annualized dividend and a dividend yield of 1.6%. 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 increased its dividend every year for the last 13 years. Southern Missouri Bancorp has a dividend payout ratio of 18.0% indicating that its dividend is sufficiently covered by earnings. Equities research 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 Price Performance

Shares of NASDAQ:SMBC opened at $63.72 on Thursday. The firm has a market cap of $713.66 million, a price-to-earnings ratio of 11.67 and a beta of 0.98. The business has a 50-day simple moving average of $59.05 and a two-hundred day simple moving average of $56.11. Southern Missouri Bancorp has a fifty-two week low of $45.10 and a fifty-two week high of $63.84. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.99 and a current ratio of 0.99.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its earnings results on Monday, January 26th. The savings and loans company reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. The business had revenue of $49.65 million during the quarter, compared to the consensus estimate of $49.79 million. Southern Missouri Bancorp had a net margin of 19.86% and a return on equity of 11.57%. On average, analysts expect that Southern Missouri Bancorp will post 5.06 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on SMBC shares. Keefe, Bruyette & Woods upped their price objective on Southern Missouri Bancorp from $61.00 to $63.00 and gave the company a “market perform” rating in a research report on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Southern Missouri Bancorp in a research report on Monday, December 29th. Finally, Piper Sandler set a $60.50 price objective on shares of Southern Missouri Bancorp and gave the stock a “neutral” rating in a research note on Monday, October 27th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $62.83.

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.