other material
confidence high
sentiment positive
materiality 0.50
Sierra Bancorp authorizes up to 1M share buyback and declares $0.23 quarterly dividend
SIERRA BANCORP
- New share repurchase program for up to 1,000,000 shares from Nov 1, 2023 to Oct 31, 2024.
- Quarterly cash dividend of $0.23 per share, payable Nov 14, 2023 to shareholders of record Oct 31, 2023.
- Current buyback program expires Oct 31, 2023; new program includes any carryover shares.
- Company has paid dividends every year since 1987, now 99th consecutive quarterly cash dividend.