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Renasant Corporation Declares Quarterly Dividend

Renasant Corporation (NASDAQ: RNST) announced a quarterly cash dividend of $0.22 per share, payable on September 30, 2020, to shareholders of record as of September 16, 2020.

(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) announced a quarterly cash dividend of $0.22 per share, payable on September 30, 2020, to shareholders of record as of September 16, 2020. With total assets of approximately $14.9 billion, Renasant operates over 200 banking, mortgage, and wealth management offices across five states. This dividend reflects the company's ongoing commitment to returning value to its shareholders.

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Positive

  • Quarterly dividend of $0.22 per share approved.
  • Demonstrates commitment to returning value to shareholders.

Negative

  • None.
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-2.52% 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 -2.52%.

Data tracked by StockTitan Argus. Session date unavailable.

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TUPELO, Miss., Aug. 17, 2020 /PRNewswire/ -- 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, 2020, to shareholders of record as of September 16, 2020.

ABOUT RENASANT CORPORATION:
Renasant Corporation, a 116 year-old financial services institution, is the parent of Renasant Bank. Renasant has assets of approximately $14.9 billion and operates more than 200 banking, mortgage, and wealth management offices throughout Mississippi, Tennessee, Alabama, Florida and Georgia.

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

Contacts:

For Media: 

For Financials:


John S. Oxford 

James C. Mabry, IV


Senior Vice President 

Executive Vice President


Director of Marketing 

Chief Financial Officer


(662) 680-1219 

(662) 680-1281


joxford@renasant.com  

Jim.Mabry@renasant.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/renasant-corporation-declares-quarterly-dividend-301113426.html

SOURCE Renasant Corporation

FAQ

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

What is the dividend payout date for Renasant Corporation (RNST)?

The dividend payout date for Renasant Corporation (RNST) is September 30, 2020.

What is the amount of the dividend declared by Renasant Corporation (RNST)?

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

When is the record date for the dividend payment from Renasant Corporation (RNST)?

The record date for the dividend payment from Renasant Corporation (RNST) is September 16, 2020.

How often does Renasant Corporation (RNST) pay dividends?

Renasant Corporation (RNST) typically pays dividends quarterly.

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