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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.

(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.

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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 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.

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Positive

  • Quarterly cash dividend of $0.22 per share boosts shareholder income.
  • Demonstrates company's ongoing commitment to return value to shareholders.

Negative

  • None.
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+2.82% session move Open Argus
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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.

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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 ($0.22) per share to be paid January 1, 2021, to shareholders of record as of December 18, 2020.

ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 116 year-old financial services institution. Renasant has assets of approximately $14.8 billion and operates more than 200 banking, lending, mortgage, wealth management and insurance offices throughout Mississippi, Tennessee, Alabama, Florida, Georgia, North Carolina and South Carolina.

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

Contacts:For Media:For Financials:
 John S. OxfordJames C. Mabry IV
 Senior Vice PresidentExecutive Vice President
 Director of MarketingChief Financial Officer
 (662) 680-1219(662) 680-1281
 joxford@renasant.comjim.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 for RNST?

Renasant Corporation declared a dividend of $0.22 per share.

When will Renasant Corporation pay the dividend for RNST?

The dividend will be paid on January 1, 2021.

What is the record date for the Renasant Corporation dividend?

The record date for the dividend is December 18, 2020.

What financial services does Renasant Corporation provide?

Renasant Corporation provides banking, lending, mortgage, wealth management, and insurance services.

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