dividend
confidence high
sentiment positive
materiality 0.50
Red River Bancshares increases quarterly dividend 12.5% to $0.09 per share
RED RIVER BANCSHARES INC
- Quarterly dividend raised to $0.09 per share from $0.08 (12.5% increase).
- Dividend payable March 21, 2024 to shareholders of record on March 11, 2024.
- CEO Blake Chatelain cited focus on returning capital while maintaining strong capital ratios.
- This is the first dividend increase since the prior quarterly dividend of $0.08 declared in October 2023.