Investar Holding Corporation Declares Quarterly Cash Dividend
Investar Holding Corporation (Nasdaq: ISTR) has declared a quarterly cash dividend of $0.08 per share, marking a 14% increase from the previous quarter.
Sentiment and the balance of points
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Rhea-AI Summary
Investar Holding Corporation (Nasdaq: ISTR) has declared a quarterly cash dividend of $0.08 per share, marking a 14% increase from the previous quarter. This dividend will be payable on July 31, 2021 to shareholders of record as of June 30, 2021. This represents the 31st quarterly dividend paid by the company, following an uninterrupted series of 11 quarterly dividends from Investar Bank. At March 31, 2021, Investar Bank had total assets of $2.4 billion.
Positive
- 14% increase in quarterly cash dividend from previous quarter
- 31st quarterly dividend paid, reflecting consistent shareholder returns
- Total assets of $2.4 billion indicating financial stability
Negative
- None.
Details
News Market Reaction – ISTR
The recorded move for ISTR in the trading session of this news was -2.06%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BATON ROUGE, La., June 16, 2021 (GLOBE NEWSWIRE) -- Investar Holding Corporation (the “Company”) (Nasdaq:ISTR), the holding company of Investar Bank, National Association (the “Bank”), declared a quarterly cash dividend of
About Investar Holding Corporation
Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, National Association. The Bank currently operates 34 branch locations serving Louisiana, Texas, and Alabama. At March 31, 2021, the Bank had 319 full-time equivalent employees and total assets of
Forward-Looking Statements
This press release may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions about our business that are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from those described in this press release. You should not rely on forward-looking statements as a prediction of future events. Additional information regarding factors that could cause actual results to differ materially from those discussed in any forward-looking statements are described in reports and registration statements we file with the SEC, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on the Investar internet website http://www.InvestarBank.com.
We disclaim any obligation to update any forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based except as required by law.
Contact:
Investar Holding Corporation
Chris Hufft
Chief Financial Officer
(225) 227-2215
Chris.Hufft@investarbank.com
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