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, set to be paid on September 30, 2022.
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, set to be paid on September 30, 2022. Shareholders on record as of September 16, 2022 will receive this dividend, reflecting the company's ongoing commitment to returning value to its investors. Renasant Corporation, with approximately $16.6 billion in assets, operates 195 offices across several states, providing a range of financial services.
Positive
- Quarterly cash dividend of $0.22 per share enhances shareholder returns.
- Strong asset base of approximately $16.6 billion supports financial stability.
Negative
- None.
Details
News Market Reaction – RNST
The recorded move for RNST in the trading session of this news was +1.57%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TUPELO, Miss., Aug. 12, 2022 (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 118 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: John S. Oxford Senior Vice President Director of Marketing (662) 680-1219 joxford@renasant.com | For Financials: James C. Mabry IV Executive Vice President Chief Financial Officer (662) 680-1281 jim.mabry@renasant.com |
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