Simmons First National Corporation (NASDAQ:SFNC) to Issue Quarterly Dividend of $0.21

Simmons First National Corporation (NASDAQ:SFNC) declared a quarterly dividend on Thursday, August 20th. Investors of record on Tuesday, September 15th will be given a dividend of 0.215 per share by the bank on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Tuesday, September 15th.

Simmons First National has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 14 consecutive years. Simmons First National has a payout ratio of 46.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Simmons First National to earn $2.20 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 39.1%.

Simmons First National Trading Down 0.3%

NASDAQ SFNC opened at $22.98 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.36. The stock’s 50-day simple moving average is $23.03 and its two-hundred day simple moving average is $21.48. Simmons First National has a twelve month low of $17.00 and a twelve month high of $24.32. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of -9.08 and a beta of 0.91.

Simmons First National (NASDAQ:SFNC) last released its earnings results on Thursday, July 16th. The bank reported $0.50 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.03). Simmons First National had a negative net margin of 24.64% and a positive return on equity of 8.32%. During the same quarter in the prior year, the business posted $0.44 EPS. The company’s revenue for the quarter was up 16.1% on a year-over-year basis. Research analysts forecast that Simmons First National will post 2.05 EPS for the current fiscal 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.