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Renasant Corporation Declares Quarterly Dividend

Renasant Corporation (NASDAQ: RNST) has declared a quarterly cash dividend of $0.22 per share, payable on March 31, 2021, to shareholders of record by March 17, 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

Renasant Corporation (NASDAQ: RNST) has declared a quarterly cash dividend of $0.22 per share, payable on March 31, 2021, to shareholders of record by March 17, 2021. This payment reflects the company's ongoing commitment to returning value to its investors. Renasant, with approximately $14.9 billion in assets, operates over 200 financial service offices across several states, including Mississippi, Tennessee, and Georgia. The firm continues to solidify its position in the market as a trusted bank.

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Positive

  • Quarterly dividend of $0.22 per share demonstrates commitment to shareholder returns.

Negative

  • None.
Argus Session date unavailable
-1.68% session move Open Argus
Details

News Market Reaction – RNST

The recorded move for RNST in the trading session of this news was -1.68%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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TUPELO, Miss., Feb. 26, 2021 (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 March 31, 2021, to shareholders of record as of March 17, 2021.

ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 116 year-old financial services institution. Renasant has assets of approximately $14.9 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 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.

What is the dividend amount for Renasant Corporation (RNST)?

Renasant Corporation (RNST) has declared a quarterly cash dividend of $0.22 per share.

When will the dividend be paid to RNST shareholders?

The dividend will be paid on March 31, 2021.

What is the record date for the RNST dividend?

Shareholders must be on record by March 17, 2021, to receive the dividend.

How often does Renasant Corporation pay dividends?

Renasant Corporation typically pays dividends quarterly.

How does the RNST dividend impact shareholders?

The dividend payment enhances shareholder value by providing returns on their investment.

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