Investar Holding Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

Investar Holding (Nasdaq: ISTR) has announced a quarterly cash dividend of $0.105 per share for its common stock shareholders. The dividend will be paid on January 31, 2025, to shareholders of record as of December 31, 2024. This marks the company's 45th quarterly dividend payment, continuing a tradition that follows 11 consecutive quarterly cash dividends previously paid by Investar Bank, National Association.

Positive

• Consistent dividend payment track record with 45 consecutive quarters
• Maintains regular quarterly dividend distribution, indicating financial stability

Negative

• None.

News Market Reaction – ISTR

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-0.59% News Effect

On the day this news was published, ISTR declined 0.59%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

BATON ROUGE, LA / ACCESSWIRE / December 18, 2024 / Investar Holding Corporation (the "Company") (Nasdaq:ISTR), the holding company of Investar Bank, National Association (the "Bank"), declared a quarterly cash dividend of $0.105 per share to holders of the Company's common stock. The dividend is payable on January 31, 2025 to shareholders of record as of December 31, 2024. This is the 45^th quarterly dividend paid by the Company, which follows an uninterrupted 11 quarterly cash dividends paid by the Bank.

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 29 branch locations serving Louisiana, Texas, and Alabama. At September 30, 2024, the Bank had 331 full-time equivalent employees and total assets of $2.8 billion.

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 website at 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
John R. Campbell
Executive Vice President and Chief Financial Officer
(225) 227-2215
John.Campbell@investarbank.com

SOURCE: Investar Holding Corporation

View the original press release on accesswire.com

FAQ

What is the dividend amount for ISTR stock in Q1 2025?

Investar Holding (ISTR) declared a quarterly dividend of $0.105 per share for Q1 2025.

When is the ex-dividend date for ISTR's latest dividend?

Shareholders must be on record by December 31, 2024, to receive the dividend payment.

When will ISTR pay its latest quarterly dividend?

The dividend will be paid on January 31, 2025.

How many consecutive quarterly dividends has ISTR paid?

ISTR has paid 45 consecutive quarterly dividends, following 11 quarterly dividends previously paid by Investar Bank.

What is ISTR's dividend payment frequency?

ISTR pays dividends on a quarterly basis to its common stock shareholders.