dividend
confidence high
sentiment negative
materiality 0.60
Blue Ridge Bankshares suspends Q3 2023 common dividend to preserve capital
BLUE RIDGE BANKSHARES, INC.
- Board decided to forego declaration and payment of Q3 2023 cash dividend on common stock.
- Decision based on desire to preserve capital and available cash.
- No mention of future dividend reinstatement or other changes to dividend policy.