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

SB Financial Group, Inc. (NASDAQ:SBFG) announced a quarterly dividend on Wednesday, July 17th, Zacks reports. Investors of record on Friday, August 9th will be given a dividend of 0.14 per share by the financial services provider on Friday, August 23rd. This represents a $0.56 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date of this dividend is Friday, August 9th.

SB Financial Group has increased its dividend payment by an average of 10.9% annually over the last three years and has increased its dividend every year for the last 11 years. SB Financial Group has a dividend payout ratio of 35.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect SB Financial Group to earn $1.57 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 35.7%.

SB Financial Group Stock Performance

NASDAQ:SBFG opened at $16.98 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.89 and a current ratio of 0.90. SB Financial Group has a fifty-two week low of $12.42 and a fifty-two week high of $17.51. The firm has a market cap of $114.82 million, a PE ratio of 9.71 and a beta of 0.73. The business has a 50 day moving average price of $14.54 and a 200-day moving average price of $14.25.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on SB Financial Group in a research note on Sunday. They issued a “hold” rating on the stock.

About SB Financial Group

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.