Simmons First National Corporation (SFNC) to Issue Quarterly Dividend of $0.22 on July 1st

Simmons First National Corporation (NASDAQ:SFNC) declared a quarterly dividend on Thursday, May 28th. Shareholders of record on Monday, June 15th will be given a dividend of 0.215 per share by the bank on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Monday, June 15th.

Simmons First National has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 14 years. Simmons First National has a dividend payout ratio of 46.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Simmons First National to earn $2.19 per share next year, which means the company should continue to be able to cover its $0.86 annual dividend with an expected future payout ratio of 39.3%.

Simmons First National Trading Down 0.1%

SFNC opened at $21.45 on Friday. The business has a 50 day simple moving average of $20.60 and a two-hundred day simple moving average of $19.90. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of -8.38 and a beta of 0.92. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.90 and a quick ratio of 0.90. Simmons First National has a one year low of $17.00 and a one year high of $22.17.

Simmons First National (NASDAQ:SFNC) last released its quarterly earnings results on Thursday, April 16th. The bank reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. The business had revenue of $241.37 million during the quarter, compared to analyst estimates of $243.02 million. Simmons First National had a positive return on equity of 7.81% and a negative net margin of 25.44%.Simmons First National’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.26 EPS. Analysts predict that Simmons First National will post 2.08 EPS for the current year.

Simmons First National Company Profile

Simmons First National Corporation (NASDAQ:SFNC) is a bank holding company headquartered in Pine Bluff, Arkansas. Through its primary operating subsidiary, Simmons Bank, the company maintains a network of more than 200 branches across Arkansas, Tennessee, Missouri, Mississippi, Texas, Oklahoma and North Carolina. Simmons First National offers a full suite of financial services to individuals, small businesses and commercial clients, emphasizing relationship-driven community banking.

The company’s core business activities span deposit-taking, lending and payment services.