dividend
confidence high
sentiment positive
materiality 0.55
SB Financial declares $0.13 quarterly dividend, up 8% QoQ; repurchased 91K shares
SB FINANCIAL GROUP, INC.
- Quarterly cash dividend of $0.13 per share, payable Aug 25, 2023 to holders of record Aug 11, 2023.
- Dividend increased 8% from prior quarter's $0.12; trailing four quarters total $0.51 vs $0.47 (9% increase).
- Dividend yield of 3.8% per management; company repurchased 91,000 shares during the quarter.
- CEO cites dividend increase as part of strategy to enhance EPS and tangible book value per share.