MOOREFIELD, W.V., Feb. 29, 2016 (GLOBE NEWSWIRE) -- Summit Financial Group, Inc. (“Summit”) (NASDAQ:SMMF) today announces its Board of Directors recently declared a first quarter 2016 dividend of $0.10 per share payable on March 31, 2016 to common shareholders of record as of the close of business on March 15, 2016, representing a 25 percent increase compared to the $0.08 paid in each quarter of 2015.
Summit is a $1.49 billion financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle and South Central regions of West Virginia and the Northern and Shenandoah Valley regions of Virginia, through its bank subsidiary, Summit Community Bank, Inc., which operates fifteen banking locations. Summit also operates Summit Insurance Services, LLC in Moorefield, West Virginia and Leesburg, Virginia.
Contact: Teresa Ely, Director of Shareholder Relations Telephone: (304) 530-0526 Email: firstname.lastname@example.org
Source:Summit Financial Group, Inc.