SB Financial Group, Inc. (NASDAQ:SBFG) to Issue Quarterly Dividend of $0.16

SB Financial Group, Inc. (NASDAQ:SBFG) declared a quarterly dividend on Wednesday, July 15th. Shareholders of record on Friday, August 14th will be given 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 is Friday, August 14th.

SB Financial Group has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 12 years. SB Financial Group has a payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Equities research 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 Stock Up 0.4%

Shares of NASDAQ:SBFG traded up $0.12 during trading on Wednesday, hitting $27.36. 1,976 shares of the company were exchanged, compared to its average volume of 21,610. The stock has a market cap of $171.01 million, a price-to-earnings ratio of 10.21 and a beta of 0.19. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.33. SB Financial Group has a fifty-two week low of $18.16 and a fifty-two week high of $27.68. The firm has a fifty day moving average price of $25.06 and a two-hundred day moving average price of $22.70.

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

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.