Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) Shares Set to Pay Quarterly Dividend of $0.27

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) announced a quarterly dividend on Wednesday, October 21st. Investors of record on Friday, November 13th will be paid a dividend of $0.27 per share by the savings and loans company on Monday, November 30th. This represents a $1.08 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, November 13th.

Southern Missouri Bancorp has increased its dividend payment by an average of 0.1% per year 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 19.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Southern Missouri Bancorp to earn $7.03 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 15.4%.

Southern Missouri Bancorp Stock Up 2.6%

Southern Missouri Bancorp stock traded up $1.82 during trading on Thursday, hitting $72.28. 45,425 shares of the company were exchanged, compared to its average volume of 86,497. The business’s 50 day moving average is $72.60 and its 200 day moving average is $72.10. Southern Missouri Bancorp has a 52 week low of $50.45 and a 52 week high of $79.86. The company has a market capitalization of $796.02 million, a P/E ratio of 11.24 and a beta of 0.87. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.25.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its quarterly earnings data on Wednesday, October 21st. The savings and loans company reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.07. Southern Missouri Bancorp had a net margin of 22.63% and a return on equity of 12.59%. The firm had revenue of $53.09 million for the quarter, compared to the consensus estimate of $52.60 million. Analysts predict that Southern Missouri Bancorp will post 6.66 earnings per share for the current year.

About Southern Missouri Bancorp

Southern Missouri Bancorp, Inc is a bank holding company headquartered in Poplar Bluff, Missouri. Through its subsidiary, Southern Bank, the company provides community banking services to individuals, families, businesses and organizations.

Southern Bank offers deposit products, including checking, savings, money market and certificate of deposit accounts, along with residential mortgage, commercial real estate, construction, commercial and industrial, agricultural and consumer loans. Its services also include online and mobile banking, treasury management, debit cards and other financial services designed to support personal and business banking needs.

Southern Missouri Bancorp has built its operations through organic growth and acquisitions, expanding Southern Bank’s presence across Missouri and neighboring Midwestern and Southern markets.