Southern Missouri Bancorp, Inc. (SMBC) to Issue Quarterly Dividend of $0.25 on May 29th

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) announced a quarterly dividend on Tuesday, April 21st. Shareholders of record on Friday, May 15th will be given a dividend of 0.25 per share by the savings and loans company on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, May 15th.

Southern Missouri Bancorp has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 13 consecutive years. Southern Missouri Bancorp has a dividend payout ratio of 18.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Southern Missouri Bancorp to earn $6.80 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 14.7%.

Southern Missouri Bancorp Trading Up 2.5%

Shares of Southern Missouri Bancorp stock traded up $1.64 during mid-day trading on Thursday, hitting $67.30. 44,223 shares of the stock were exchanged, compared to its average volume of 70,090. Southern Missouri Bancorp has a twelve month low of $47.60 and a twelve month high of $68.90. The company has a 50-day simple moving average of $64.01 and a 200 day simple moving average of $59.90. The stock has a market capitalization of $747.71 million, a price-to-earnings ratio of 11.70 and a beta of 0.92. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22.

Southern Missouri Bancorp (NASDAQ:SMBC) last issued its earnings results on Wednesday, April 22nd. The savings and loans company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.08. Southern Missouri Bancorp had a return on equity of 11.92% and a net margin of 20.80%.The business had revenue of $50.25 million during the quarter, compared to analysts’ expectations of $49.98 million. Research analysts forecast that Southern Missouri Bancorp will post 6.2 EPS for the current year.

Insider Buying and Selling at Southern Missouri Bancorp

In related news, Director Charles R. Love sold 580 shares of Southern Missouri Bancorp stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $64.00, for a total transaction of $37,120.00. Following the completion of the sale, the director directly owned 15,220 shares of the company’s stock, valued at $974,080. The trade was a 3.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 15.81% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its position in Southern Missouri Bancorp by 105.7% during the fourth quarter. NewEdge Advisors LLC now owns 718 shares of the savings and loans company’s stock worth $42,000 after acquiring an additional 369 shares during the last quarter. Quarry LP bought a new stake in shares of Southern Missouri Bancorp during the 3rd quarter worth approximately $66,000. Raymond James Financial Inc. acquired a new stake in shares of Southern Missouri Bancorp during the 2nd quarter worth approximately $93,000. Strs Ohio acquired a new position in Southern Missouri Bancorp during the first quarter valued at approximately $94,000. Finally, Aquatic Capital Management LLC increased its stake in shares of Southern Missouri Bancorp by 140.8% in the 3rd quarter. Aquatic Capital Management LLC now owns 1,946 shares of the savings and loans company’s stock valued at $102,000 after purchasing an additional 1,138 shares during the last quarter. 49.49% of the stock is currently owned by institutional investors.

About Southern Missouri Bancorp

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.