Southern Missouri Bancorp (SMBC) Raises Quarterly Dividend 6.3% to $0.17; 1.9% Yield

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Southern Missouri Bancorp Reports Preliminary Fourth Quarter and Fiscal Year Results, Increases Quarterly Dividend to $0.17 Per Common Share, Schedules Conference Call to Discuss Results for Wednesday

July 28, 2014 5:30 PM EDT

Poplar Bluff, Missouri, July 28, 2014 (GLOBE NEWSWIRE) -- Highlights:

·         Preliminary fiscal year 2014 fourth quarter earnings per common share (diluted) were reported at $.79, up from $.73 in the year ago period, as net income available to common shareholders increased to $2.7 million, compared to $2.5 million in the year ago period. Earnings per common share (diluted) were up $.15, as compared to the $.64 earned in the third quarter of fiscal 2014, the linked quarter.

·         For fiscal 2014, preliminary earnings per common share were reported at $2.91, as compared to $2.88 for fiscal 2013. Net income available to common shareholders increased to $9.9 million, up from $9.7 million in the prior fiscal... More