Southern Missouri Bancorp, Inc. (SMBC) To Go Ex-Dividend on February 14th

Southern Missouri Bancorp, Inc. (NASDAQ:SMBC) declared a quarterly dividend on Monday, January 27th,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.23 per share by the savings and loans company on Friday, February 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Friday, February 14th.

Southern Missouri Bancorp has raised its dividend by an average of 6.9% 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 17.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Southern Missouri Bancorp to earn $5.30 per share next year, which means the company should continue to be able to cover its $0.92 annual dividend with an expected future payout ratio of 17.4%.

Southern Missouri Bancorp Trading Up 1.7 %

Shares of Southern Missouri Bancorp stock opened at $59.08 on Wednesday. The firm has a market cap of $666.42 million, a price-to-earnings ratio of 13.58 and a beta of 0.99. The business has a 50-day moving average price of $60.21 and a 200-day moving average price of $57.64. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.26. Southern Missouri Bancorp has a twelve month low of $39.00 and a twelve month high of $68.69.

Southern Missouri Bancorp (NASDAQ:SMBC) last released its quarterly earnings results on Monday, February 3rd. The savings and loans company reported $1.30 EPS for the quarter, topping the consensus estimate of $1.23 by $0.07. Southern Missouri Bancorp had a return on equity of 10.18% and a net margin of 17.44%. Equities research analysts anticipate that Southern Missouri Bancorp will post 4.75 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Piper Sandler lifted their price target on shares of Southern Missouri Bancorp from $62.00 to $66.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Stephens reaffirmed an “overweight” rating and issued a $76.00 price target on shares of Southern Missouri Bancorp in a report on Tuesday.

Insider Buying and Selling

In other Southern Missouri Bancorp news, Director William E. Young sold 3,000 shares of the stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $59.90, for a total value of $179,700.00. Following the completion of the sale, the director now owns 48,649 shares in the company, valued at approximately $2,914,075.10. This represents a 5.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 16.60% of the company’s stock.

About Southern Missouri Bancorp

Southern Missouri Bancorp, Inc operates as the bank holding company for Southern Bank that provides banking and financial services to individuals and corporate customers in the United States. The company offers deposits products, including interest-bearing and noninterest-bearing transaction accounts, saving accounts, certificates of deposit, retirement savings plans, and money market deposit accounts.