Simmons First National Corporation (NASDAQ:SFNC) Announces Quarterly Dividend of $0.21

Simmons First National Corporation (NASDAQ:SFNC) declared a quarterly dividend on Thursday, August 20th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.215 per share by the bank on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Tuesday, September 15th.

Simmons First National has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 14 years. Simmons First National has a payout ratio of 46.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Simmons First National to earn $2.20 per share next year, which means the company should continue to be able to cover its $0.86 annual dividend with an expected future payout ratio of 39.1%.

Simmons First National Stock Down 0.3%

Shares of NASDAQ SFNC opened at $22.98 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average of $23.03 and a 200 day moving average of $21.48. Simmons First National has a 12-month low of $17.00 and a 12-month high of $24.32. The stock has a market cap of $3.32 billion, a PE ratio of -9.08 and a beta of 0.91.

Simmons First National (NASDAQ:SFNC) last released its quarterly earnings data on Thursday, July 16th. The bank reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.03). Simmons First National had a positive return on equity of 8.32% and a negative net margin of 24.64%.During the same period last year, the business posted $0.44 EPS. Simmons First National’s revenue was up 16.1% on a year-over-year basis. As a group, sell-side analysts predict that Simmons First National will post 2.05 EPS for the current fiscal year.

Simmons First National Company Profile

Simmons First National Corporation (NASDAQ:SFNC) is a bank holding company headquartered in Pine Bluff, Arkansas. Through its primary operating subsidiary, Simmons Bank, the company maintains a network of more than 200 branches across Arkansas, Tennessee, Missouri, Mississippi, Texas, Oklahoma and North Carolina. Simmons First National offers a full suite of financial services to individuals, small businesses and commercial clients, emphasizing relationship-driven community banking.

The company’s core business activities span deposit-taking, lending and payment services.