SB Financial Group, Inc. (NASDAQ:SBFG) Declares Quarterly Dividend of $0.14

SB Financial Group, Inc. (NASDAQ:SBFG) declared a quarterly dividend on Wednesday, April 17th, Zacks reports. Shareholders of record on Friday, May 10th will be paid a dividend of 0.14 per share by the financial services provider on Friday, May 24th. This represents a $0.56 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date is Thursday, May 9th. This is an increase from SB Financial Group’s previous quarterly dividend of $0.14.

SB Financial Group has raised its dividend by an average of 10.9% annually over the last three years and has raised its dividend annually for the last 11 consecutive years. SB Financial Group has a dividend payout ratio of 37.1% indicating that its dividend is sufficiently covered by earnings. Research analysts expect SB Financial Group to earn $1.51 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 37.1%.

SB Financial Group Trading Down 0.1 %

SBFG stock traded down $0.01 during midday trading on Tuesday, reaching $13.50. The stock had a trading volume of 10,574 shares, compared to its average volume of 2,456. The firm has a market cap of $91.67 million, a price-to-earnings ratio of 7.71 and a beta of 0.68. SB Financial Group has a twelve month low of $11.82 and a twelve month high of $16.25. The company has a quick ratio of 0.93, a current ratio of 0.94 and a debt-to-equity ratio of 0.83. The business has a fifty day simple moving average of $13.70 and a two-hundred day simple moving average of $14.20.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of SB Financial Group in a report on Tuesday, April 30th. They set a “hold” rating on the stock.

SB Financial Group Company Profile

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.