{"id":424250,"date":"2021-01-28T17:03:09","date_gmt":"2021-01-28T22:03:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=424250"},"modified":"2021-01-28T17:03:09","modified_gmt":"2021-01-28T22:03:09","slug":"smartfinancial-increases-quarterly-cash-dividend-by-20","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/smartfinancial-increases-quarterly-cash-dividend-by-20\/","title":{"rendered":"SmartFinancial Increases Quarterly Cash Dividend by 20%"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">KNOXVILLE, Tenn., Jan.  28, 2021  (GLOBE NEWSWIRE) &#8212; SmartFinancial,\u00a0Inc. (\u201cSmartFinancial\u201d) (Nasdaq: SMBK), the parent company for SmartBank, announced that on January 28, 2021, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.06 per share of SmartFinancial common stock payable on March 1, 2021 to shareholders of record as of the close of business on February 12, 2021.\u00a0 The $0.06 per share quarterly dividend represents a 20% increase over SmartFinancial\u2019s prior quarterly dividend declared in October 2020 of $0.05 per share.<\/p>\n<p>\n        <strong>About SmartFinancial,\u00a0Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">SmartFinancial,\u00a0Inc., based in Knoxville, Tennessee, is the publicly-traded bank holding company for SmartBank. SmartBank is a full-service commercial bank founded in 2007 with 35 branches spanning East and Middle Tennessee, Alabama and the Florida Panhandle. Recruiting the best people, delivering exceptional client service, strategic branching, and a disciplined approach to lending have all contributed to the company\u2019s success. More information about SmartFinancial can be found on its website: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=91V1Dt8QV-_3eJTIaYipNwMNMMq1PBYuoZHiTSMjLc8QvrD-qagR6AQyDshU_KeDoAYiRW5o34vmSTNofDq-K9-2m1iDmyCkkX116YnOCoc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.smartfinancialinc.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This release contains \u201cforward-looking statements\u201d within the meaning of and subject to the safe harbor protections of the Private Securities Litigation Reform Act of 1995. In general, forward-looking statements can be identified by the use of words such as \u201cmay,\u201d \u201cdepend,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cplan,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201ccontinue\u201d and \u201cpotential\u201d, or the negative of these terms or other comparable terminology. Forward-looking statements represent management\u2019s beliefs with regard to the matters addressed, based upon information available at the time the statements are made; they are not guarantees of future performance, and they should they not be relied upon as representing management\u2019s views as of any date subsequent to the date first made. Forward-looking statements are subject to numerous assumptions, risks and uncertainties that change over time and could cause actual results or financial condition to differ materially from those expressed in or implied by such statements.<\/p>\n<p align=\"justify\">Factors that could affect the forward-looking statements in this release include SmartFinancial\u2019s ability to continue to generate strong earnings and maintain a strong capital position as it faces the challenge of the ongoing COVID-19 pandemic, public perception and regulatory guidance regarding stock repurchase plans, the market price of SmartFinancial\u2019s common stock, and other opportunities that SmartFinancial may determine to pursue. Additional factors affecting forward-looking statements can be found in the cautionary language included under the headings \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d and \u201cRisk Factors\u201d in SmartFinancial\u2019s Annual Reports on Form 10-K for the year ended December 31, 2019, and other documents subsequently filed by SmartFinancial with the SEC. No forward-looking statement can be guaranteed. SmartFinancial expressly disclaims any obligation to update any factors or to announce publicly the result of revisions to any of the forward-looking statements included herein to reflect future events or developments.<\/p>\n<p>\n        <strong>Investor Contacts<\/strong>\n      <\/p>\n<p align=\"left\">Billy Carroll<br \/>President and Chief Executive Officer<br \/>SmartFinancial,\u00a0Inc.<br \/>Email:\u00a0billy.carroll@smartbank.com<br \/>Phone: 865.868.0613<\/p>\n<p align=\"left\">Ron Gorczynski<br \/>Executive Vice President<br \/>Chief Financial Officer<br \/>SmartFinancial,\u00a0Inc.<br \/>Email:\u00a0ron.gorczynski@smartbank.com<br \/>Phone: 865.437.5724<\/p>\n<p>\n        <strong>Media Contact<\/strong>\n      <\/p>\n<p align=\"left\">Kelley Fowler<br \/>Senior Vice President<br \/>Public Relations\/Marketing<br \/>SmartFinancial,\u00a0Inc.<br \/>Email:\u00a0kelley.fowler@smartbank.com<br \/>Phone: 865.868.0611<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0MzY1NSMzOTUwNjY5IzIwODE1NDI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/39e13542-1d7e-4c97-a0c2-4dddc585cf43\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>KNOXVILLE, Tenn., Jan. 28, 2021 (GLOBE NEWSWIRE) &#8212; SmartFinancial,\u00a0Inc. (\u201cSmartFinancial\u201d) (Nasdaq: SMBK), the parent company for SmartBank, announced that on January 28, 2021, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.06 per share of SmartFinancial common stock payable on March 1, 2021 to shareholders of record as of the close of business on February 12, 2021.\u00a0 The $0.06 per share quarterly dividend represents a 20% increase over SmartFinancial\u2019s prior quarterly dividend declared in October 2020 of $0.05 per share. About SmartFinancial,\u00a0Inc. SmartFinancial,\u00a0Inc., based in Knoxville, Tennessee, is the publicly-traded bank holding company for SmartBank. SmartBank is a full-service commercial bank founded in 2007 with 35 branches spanning East and Middle Tennessee, Alabama and the Florida &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/smartfinancial-increases-quarterly-cash-dividend-by-20\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SmartFinancial Increases Quarterly Cash Dividend by 20%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-424250","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SmartFinancial Increases Quarterly Cash Dividend by 20% - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/smartfinancial-increases-quarterly-cash-dividend-by-20\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SmartFinancial Increases Quarterly Cash Dividend by 20% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"KNOXVILLE, Tenn., Jan. 28, 2021 (GLOBE NEWSWIRE) &#8212; SmartFinancial,\u00a0Inc. (\u201cSmartFinancial\u201d) (Nasdaq: SMBK), the parent company for SmartBank, announced that on January 28, 2021, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.06 per share of SmartFinancial common stock payable on March 1, 2021 to shareholders of record as of the close of business on February 12, 2021.\u00a0 The $0.06 per share quarterly dividend represents a 20% increase over SmartFinancial\u2019s prior quarterly dividend declared in October 2020 of $0.05 per share. About SmartFinancial,\u00a0Inc. SmartFinancial,\u00a0Inc., based in Knoxville, Tennessee, is the publicly-traded bank holding company for SmartBank. 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