SB Financial Group, Inc. (SBFG) To Go Ex-Dividend on August 14th

SB Financial Group, Inc. (NASDAQ:SBFG) announced a quarterly dividend on Wednesday, July 15th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.16 per share by the financial services provider on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th.

SB Financial Group has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 12 consecutive years. SB Financial Group has a dividend payout ratio of 29.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect SB Financial Group to earn $2.60 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 24.6%.

SB Financial Group Price Performance

Shares of NASDAQ SBFG traded up $0.11 during mid-day trading on Wednesday, reaching $27.35. The company’s stock had a trading volume of 2,190 shares, compared to its average volume of 21,622. The stock has a fifty day moving average of $25.06 and a two-hundred day moving average of $22.70. The firm has a market capitalization of $170.91 million, a PE ratio of 10.20 and a beta of 0.19. SB Financial Group has a 52 week low of $18.16 and a 52 week high of $27.68. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94.

SB Financial Group (NASDAQ:SBFG) last posted its quarterly earnings results on Friday, July 31st. The financial services provider reported $0.73 earnings per share for the quarter. The business had revenue of $18.00 million during the quarter. SB Financial Group had a return on equity of 11.95% and a net margin of 17.67%. As a group, sell-side analysts anticipate that SB Financial Group will post 2.56 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Wall Street Zen upgraded SB Financial Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings reissued a “buy (b)” rating on shares of SB Financial Group in a research note on Friday, June 26th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

About SB Financial Group

SB Financial Group, Inc (NASDAQ: SBFG) is the bank holding company for Star Financial Bank, a full-service community bank headquartered in Fort Wayne, Indiana. Through its wholly owned subsidiary, the company offers a broad portfolio of commercial and consumer banking products, including deposit accounts, lending solutions, mortgage origination and servicing, and cash management services.

In its commercial banking division, SB Financial Group provides working capital loans, equipment financing, commercial real estate lending and treasury management solutions designed for small- and mid-sized businesses.