SMARTFINANCIAL, INC. (NASDAQ:SMBK) Files An 8-K Regulation FD Disclosure

SMARTFINANCIAL, INC. (NASDAQ:SMBK) Files An 8-K Regulation FD Disclosure
Item 7.01

On November 6, 2019, the board of directors of SmartFinancial, Inc. (“SmartFinancial”) declared a quarterly cash dividend of $0.05 per share of SmartFinancial common stock (the “Dividend”) payable on December 6, 2019, to shareholders of record as of the close of business on November 21, 2019. On November 6, 2019, SmartFinancial issued a press release announcing the Dividend. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information furnished under Item 7.01 of this Current Report on Form 8-K and the exhibit attached hereto are deemed to be “furnished” and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information and exhibits be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.
(d) EXHIBITS
SMARTFINANCIAL INC. Exhibit
EX-99.01 2 dividendrelease-110619.htm EXHIBIT 99.01 Exhibit SMARTFINANCIAL INITIATES REGULAR QUARTERLY DIVIDENDKNOXVILLE,…
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About SMARTFINANCIAL, INC. (NASDAQ:SMBK)

SmartFinancial, Inc., formerly Cornerstone Bancshares, Inc., is a bank holding company. The Company operates through its SmartBank subsidiary (The Bank). The principal business of the Bank consists of attracting deposits from the public and investing those funds, together with funds generated from operations and from principal and interest payments on loans. It offers commercial real estate-mortgage, consumer real estate-mortgage, construction and land development, commercial and industrial, and consumer and other loans. The Bank’s investment portfolio consists of Federal agency bonds, mortgage-backed securities, and state and municipal securities. The Bank provides a range of deposit services to businesses and individuals, including non-interest bearing checking accounts, interest bearing checking accounts, savings accounts, money market accounts, individual retirement accounts (IRAs) and certificates of deposit (CDs). SmartBank operates in approximately seven banking offices.

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