Summit Financial Group About To Put More Money In Your Pocket (SMMF)

Looking at the universe of stocks we cover at Dividend Channel, on 6/11/15, Summit Financial Group Inc ( SMMF) will trade ex-dividend, for its quarterly dividend of $0.08, payable on 6/30/15. As a percentage of SMMF's recent stock price of $11.30, this dividend works out to approximately 0.71%, so look for shares of Summit Financial Group Inc to trade 0.71% lower — all else being equal — when SMMF shares open for trading on 6/11/15.

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Below is a dividend history chart for SMMF, showing historical dividends prior to the most recent $0.08 declared by Summit Financial Group Inc:

SMMF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SMMF is likely to continue, and whether the current estimated yield of 2.83% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SMMF shares, versus its 200 day moving average:

Summit Financial Group Inc 200 Day Moving Average Chart

Looking at the chart above, SMMF's low point in its 52 week range is $9.17 per share, with $13.09 as the 52 week high point — that compares with a last trade of $11.30.

In Tuesday trading, Summit Financial Group Inc shares are currently down about 1.2% on the day.

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