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Renasant Corporation Declares Quarterly Dividend

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(Neutral)
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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.

News Market Reaction – RNST

+2.82%
1 alert
+2.82% News Effect

On the day this news was published, RNST gained 2.82%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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.
Renasant

NYSE:RNST

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3.80B
92.72M
Banks - Regional
State Commercial Banks
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United States
TUPELO