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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, set to be paid on September 30, 2022.

(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, 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.

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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.
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+1.57% 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 +1.57%.

Data tracked by StockTitan Argus. Session date unavailable.

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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 ($0.22) per share to be paid September 30, 2022, to shareholders of record as of September 16, 2022.

ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 118 year-old financial services institution. Renasant has assets of approximately $16.6 billion and operates 195 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:
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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Renasant Corporation's dividend be paid?

The dividend will be paid on September 30, 2022.

What is the dividend amount declared by Renasant Corporation?

Renasant Corporation declared a dividend of $0.22 per share.

What is the record date for Renasant Corporation's dividend?

The record date for the dividend is September 16, 2022.

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