dividend
confidence high
sentiment positive
materiality 0.55
Investar Holding declares $0.095/share dividend, 6% increase; adds 300K shares to buyback
Investar Holding Corp
- Quarterly cash dividend of $0.095 per share declared, payable Oct 31, 2022 to holders of record Sep 30, 2022.
- Dividend represents a 6% increase from prior quarter; 36th consecutive quarterly dividend.
- Board authorized additional 300,000 shares for repurchase, ~3% of outstanding common stock.
- Combined with 119,918 remaining shares under prior authorization, total available repurchase capacity is ~419,918 shares.
- Since 2015, company has repurchased 2,280,082 shares at avg price $19.32, totaling $44.1M.