Simmons First National Corporation (SFNC) to Distribute Quarterly Dividend of $0.21 on October 1st

Simmons First National Corporation (NASDAQ:SFNC) declared a quarterly dividend on Tuesday, August 18th. Stockholders of record on Tuesday, September 15th will be paid 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 dividend yield of 3.7%. The ex-dividend date of this dividend is Tuesday, September 15th.

Simmons First National has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 14 years. Simmons First National has a dividend payout ratio of 46.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Simmons First National to earn $2.29 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 37.6%.

Simmons First National Stock Performance

Simmons First National stock opened at $23.19 on Friday. The stock has a fifty day moving average price of $23.18 and a 200 day moving average price of $21.66. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. Simmons First National has a 52 week low of $17.00 and a 52 week high of $24.32. The firm has a market capitalization of $3.35 billion, a P/E ratio of -9.17 and a beta of 0.89.

Simmons First National (NASDAQ:SFNC) last released its quarterly 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 positive return on equity of 8.32% and a negative net margin of 24.64%.During the same period last year, the business earned $0.44 EPS. The company’s revenue was up 16.1% on a year-over-year basis. Equities research analysts anticipate that Simmons First National will post 2.06 earnings per share for the current year.

Simmons First National Company Profile

Simmons First National Corporation is a financial holding company headquartered in Pine Bluff, Arkansas. Through its principal subsidiary, Simmons Bank, the company provides banking and financial services to individuals, businesses, government entities and nonprofit organizations.

Simmons Bank offers deposit accounts, consumer and commercial lending, mortgages, credit cards, treasury and cash-management services, and other banking products. Its services also include wealth management, trust and investment services, insurance-related solutions and specialized financial services for businesses and agricultural customers.

Founded in 1903, the company has expanded from its original Arkansas banking operations through organic growth and acquisitions.