Renasant Corporation Declares Quarterly Dividend

Rhea-AI Summary

Renasant Corporation (NASDAQ: RNST) announced the approval of a quarterly cash dividend of $0.22 per share, payable on March 31, 2023, to shareholders on record as of March 17, 2023. With approximately $17.0 billion in assets, Renasant operates 198 branches across the Southeast, offering a range of financial services including banking, lending, and wealth management. This dividend marks a continued commitment to returning value to shareholders amidst a stable operational landscape.

Positive

• Quarterly cash dividend of $0.22 per share reinforces shareholder confidence.
• Continued operations across 198 locations indicate a robust business infrastructure.

Negative

• None.

News Market Reaction – RNST

-0.51%

1 alert

-0.51% News Effect

On the day this news was published, RNST declined 0.51%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

TUPELO, Miss., Feb. 16, 2023 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NASDAQ: RNST) approved the payment of a quarterly cash dividend of twenty-two cents ($0.22) per share to be paid March 31, 2023, to shareholders of record as of March 17, 2023.

ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 119-year-old financial services institution. Renasant has assets of approximately $17.0 billion and operates 198 banking, lending, mortgage, wealth management and insurance offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis.

For more information, please visit www.renasantbank.com or Renasant’s IR site at www.renasant.com.

Contacts:	For Media:	For Financials:
	John S. Oxford	James C. Mabry IV
	Senior Vice President	Executive Vice President
	Chief Marketing Officer	Chief Financial Officer
	(662) 680-1219	(662) 680-1281
	joxford@renasant.com	jim.mabry@renasant.com

                                      
                                                  
                                                        
 
                                                       

 

FAQ

What is the dividend amount declared by Renasant Corporation?

Renasant Corporation declared a quarterly cash dividend of $0.22 per share.

When is the dividend payment date for RNST shareholders?

The dividend payment date is March 31, 2023.

What is the record date for Renasant's dividend?

The record date for the dividend is March 17, 2023.

How frequently does Renasant Corporation pay dividends?

Renasant Corporation pays dividends quarterly.