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.
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.
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.
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.
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.
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 (
ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 119-year-old financial services institution. Renasant has assets of approximately
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 |
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