Southern Missouri Bancorp, Inc. (SMBC) To Go Ex-Dividend on May 15th

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

Southern Missouri Bancorp has increased its dividend payment by an average of 0.1%per year over the last three years and has increased 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 $6.85 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 14.6%.

Southern Missouri Bancorp Price Performance

Southern Missouri Bancorp stock opened at $67.92 on Wednesday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $748.21 million, a PE ratio of 11.34 and a beta of 0.89. Southern Missouri Bancorp has a 12 month low of $47.60 and a 12 month high of $70.10. The stock has a 50-day moving average price of $65.05 and a two-hundred day moving average price of $61.47.

Southern Missouri Bancorp (NASDAQ:SMBC) last posted its earnings results on Wednesday, April 22nd. The savings and loans company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.55 by $0.05. The firm had revenue of $50.25 million during the quarter, compared to the consensus estimate of $49.98 million. Southern Missouri Bancorp had a return on equity of 12.05% and a net margin of 21.36%. Analysts expect that Southern Missouri Bancorp will post 6.25 EPS for the current year.

Insider Activity

In related news, Director Charles R. Love sold 580 shares of the firm’s stock in a transaction that occurred 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 owned 15,220 shares of the company’s stock, valued at $974,080. This trade represents a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 15.81% of the stock is owned by company insiders.

Institutional Investors Weigh In On Southern Missouri Bancorp

Several large investors have recently added to or reduced their stakes in SMBC. AQR Capital Management LLC grew its stake in Southern Missouri Bancorp by 122.9% during the first quarter. AQR Capital Management LLC now owns 9,623 shares of the savings and loans company’s stock worth $501,000 after purchasing an additional 5,306 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Southern Missouri Bancorp by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,681 shares of the savings and loans company’s stock valued at $296,000 after buying an additional 234 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Southern Missouri Bancorp by 8.2% during the first quarter. Empowered Funds LLC now owns 22,546 shares of the savings and loans company’s stock valued at $1,173,000 after buying an additional 1,702 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Southern Missouri Bancorp during the first quarter valued at approximately $740,000. Finally, Strs Ohio bought a new stake in Southern Missouri Bancorp during the first quarter worth $94,000. Institutional investors and hedge funds own 49.49% of the company’s stock.

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.