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| Reminder - Summit Financial Group (SMMF) Goes Ex-Dividend SoonBy Dividend Channel Staff, Tuesday, September 12, 10:23 AM ET
On 9/14/23, Summit Financial Group Inc (NASDAQ:SMMF) will trade ex-dividend, for its quarterly dividend of $0.22, payable on 9/29/23. As a percentage of SMMF's recent stock price of $23.97, this dividend works out to approximately 0.92%, so look for shares of Summit Financial Group Inc to trade 0.92% lower — all else being equal — when SMMF shares open for trading on 9/14/23. Below is a dividend history chart for SMMF, showing historical dividends prior to the most recent $0.22 declared by Summit Financial Group Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SMMF is likely to continue, and whether the current estimated yield of 3.67% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SMMF shares, versus its 200 day moving average:
Looking at the chart above, SMMF's low point in its 52 week range is $17.06 per share, with $29.725 as the 52 week high point — that compares with a last trade of $23.97. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Tuesday trading, Summit Financial Group Inc shares are currently off about 0.4% on the day.
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