SmartFinancial Raises Quarterly Dividend to 9 Cents

SmartFinancial, Inc. (SMBK) increased its quarterly dividend to $0.09 per share from $0.08, a 12.5% raise, with the shares scheduled to trade ex-dividend on May 15, 2026.

The move extends the financial-services company’s dividend-growth streak to six consecutive years. Based on the locked dividend data, SmartFinancial’s annual dividend per share is $0.33, with a forward annual yield of 0.74% at a share price of $44.84. The company’s market capitalization is $766,695,488.

SmartFinancial operates in the financial-services sector and is the holding company behind SmartBank. Recent operating context has been constructive: Investor’s Business Daily reported in April 2026 that SmartFinancial posted a 21% increase in first-quarter earnings per share and 15% revenue growth, and ranked No. 5 among peers in the Banks-Southeast industry group. Investor’s Business Daily

Dividend context

The latest increase follows a prior dividend cut in 2020, a relevant point for investors who track payout consistency through credit and rate cycles. Since then, the company has rebuilt a multi-year record of annual increases, now reaching six consecutive growth years.

SmarterDividends assigns SmartFinancial a dividend safety score of 68 out of 100, equivalent to a B grade. That indicates a moderate-to-solid profile, though not one without historical interruption given the 2020 cut.

What it means for income investors

For income-focused shareholders, the increase raises the cash payout per quarterly share while keeping the stated yield relatively modest at 0.74%. The dividend profile is therefore more notable for the resumed growth streak than for current income level.

The event also adds another year to SmartFinancial’s post-cut recovery record. Investors tracking regional-bank dividends will likely view the raise alongside earnings momentum, credit trends and capital levels, rather than as a standalone signal.