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 distribution on January 1, 2021.
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 distribution on January 1, 2021. Shareholders of record as of December 18, 2020 will receive this payment. Renasant Corporation, the parent company of Renasant Bank, oversees assets totaling approximately $14.8 billion and operates over 200 financial offices across several states including Mississippi, Tennessee, and Florida.
Positive
- Quarterly cash dividend of $0.22 per share boosts shareholder income.
- Demonstrates company's ongoing commitment to return value to shareholders.
Negative
- None.
Details
News Market Reaction – RNST
The recorded move for RNST in the trading session of this news was +2.82%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TUPELO, Miss., Nov. 23, 2020 (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 116 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 | |
| Director of Marketing | 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.