SMARTFINANCIAL INC. 8-K
Research Summary
AI-generated summary
SmartFinancial Inc. Declares Quarterly Cash Dividend $0.09
What Happened
SmartFinancial, Inc. (SMBK) announced on April 30, 2026 that its Board declared a quarterly cash dividend of $0.09 per share. The dividend is payable on June 1, 2026 to shareholders of record at the close of business on May 15, 2026. The announcement was made via a press release attached to the Form 8-K (Item 7.01, Regulation FD disclosure).
Key Details
- Dividend: $0.09 per share (quarterly cash dividend).
- Record date: May 15, 2026 (close of business).
- Payment date: June 1, 2026.
- Filing: Form 8-K dated April 30, 2026; press release filed as Exhibit 99.1 and signed by William Y. Carroll, Jr., President & CEO.
Why It Matters
A declared quarterly dividend provides a direct cash return to shareholders and signals the board’s decision to distribute earnings rather than retain them. For income-focused investors, the $0.09 per share payment sets the near-term cash yield expectation; investors should compare this to current share price and the company’s prior payouts to assess sustainability. The filing does not include other operational or financial results.
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