SmartFinancial (SMBK) Declares $0.05 Quarterly Dividend; Resumption of Stock Repurchase Plan

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Go back to SmartFinancial (SMBK) Declares $0.05 Quarterly Dividend; Resumption of Stock Repurchase Plan

SmartFinancial Approves Regular Quarterly Dividend & Resumption of Stock Repurchase Plan

October 27, 2020 5:00 PM EDT

KNOXVILLE, Tenn., Oct. 27, 2020 (GLOBE NEWSWIRE) -- SmartFinancial, Inc. (SmartFinancial) (Nasdaq: SMBK), the parent company for SmartBank, announced that on October 23, 2020, the board of directors declared a quarterly cash dividend of $0.05 per share of SmartFinancial common stock payable on November 23, 2020 to shareholders of record as of the close of business on November 9, 2020.

SmartFinancial also announced the resumption of its stock repurchase plan. The plan was originally authorized by the board of directors on November 20, 2018. The shares will be purchased from time to time at prevailing market prices in any manner determined... More