STOCK TITAN

Renasant Corporation Declares Quarterly Dividend

The board of directors of Renasant Corporation (NASDAQ: RNST) has declared a quarterly cash dividend of $0.22 per share, scheduled for payment on June 30, 2023.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags
dividends

Rhea-AI Summary

The board of directors of Renasant Corporation (NASDAQ: RNST) has declared a quarterly cash dividend of $0.22 per share, scheduled for payment on June 30, 2023. Shareholders on record as of June 16, 2023 will receive the dividend. With approximately $17.5 billion in assets, Renasant operates 196 offices across the Southeast, offering a range of financial services including banking, lending, and insurance. This dividend payment reflects the company's commitment to returning value to its investors while maintaining a robust financial position.

Loading...
Loading translation...

Positive

  • Quarterly cash dividend of $0.22 per share reflects strong financial performance.
  • Assets of approximately $17.5 billion indicate a solid economic foundation.

Negative

  • None.
Argus Session date unavailable
+1.29% session move Open Argus
Details

News Market Reaction – RNST

The recorded move for RNST in the trading session of this news was +1.29%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

TUPELO, Miss., April 26, 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 June 30, 2023, to shareholders of record as of June 16, 2023.

ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 119-year-old financial services institution. Renasant has assets of approximately $17.5 billion and operates 196 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Renasant Corporation?

Renasant Corporation declared a dividend of $0.22 per share.

When will Renasant Corporation's dividend be paid?

The dividend will be paid on June 30, 2023.

Who is eligible to receive the dividend from Renasant Corporation?

Shareholders on record as of June 16, 2023, are eligible to receive the dividend.

How often does Renasant Corporation pay dividends?

Renasant Corporation pays dividends quarterly.

What is Renasant Corporation's stock symbol?

The stock symbol for Renasant Corporation is RNST.

Keep reading