SmartFinancial (SMBK) Initiates, Declares $0.05 Quarterly Dividend; 0.9% Yield

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SmartFinancial Initiates Regular Quarterly Dividend

November 6, 2019 5:00 PM EST

KNOXVILLE, Tenn., Nov. 06, 2019 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (SmartFinancial) (Nasdaq: SMBK), the parent company for SmartBank, announced today that its board of directors has approved the initiation of a regular quarterly dividend in light of SmartFinancials strong historical financial performance and anticipated future financial performance.

On November 6, 2019, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.05 per share of SmartFinancial common stock payable on December 6, 2019, to shareholders of record as of the close of business on November 21, 2019.

SmartFinancials President and Chief Executive Officer, Billy Carroll,... More