DIVIDEND ANNOUNCEMENT: Summit Financial Group Inc (NASDAQ:SMMF) on 05/25/2023 declared a dividend of $0.2000 per share

Summit Financial Group Inc (NASDAQ:SMMF) on 05/25/2023 declared a dividend of $ 0.2000 per share payable on June 30, 2023 to shareholders of record as of June 15, 2023.

Summit Financial Group Inc (NASDAQ:SMMF) has paid dividends since 1997, has a current dividend yield of 4.1057224274% and has increased its dividends for 7 successive years.

Summit Financial Group Inc's market cap is $ 285,825,465 and has a PE ratio of 4.78. The stock price closed yesterday at $ 19.49 and has a 52 week low/high of $ 17.06 and $ 30.83.

Summit Financial Group is a financial holding company. Through its subsidiary, Summit Community Bank, Inc., Co. provides a range of community banking services, including demand, savings and time deposits; commercial, real estate and consumer loans; trust and wealth management services; and cash management services. Co. segments its loan portfolio into: commercial, commercial real estate, construction and land development, residential real estate, consumer and mortgage warehouse lines of credit. Commercial loans are loans made to commercial borrowers that are not secured by real estate. These encompass loans secured by accounts receivable, inventory and equipment, as well as unsecured loans.

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