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Renasant Corporation Declares Quarterly Dividend

The board of directors of Renasant Corporation (NASDAQ: RNST) has announced a quarterly cash dividend of $0.22 per share, payable on January 1, 2023.

(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 announced a quarterly cash dividend of $0.22 per share, payable on January 1, 2023. Shareholders on record as of December 16, 2022 will be eligible for this dividend. Renasant Corporation, with approximately $16.5 billion in assets, operates 195 banking and financial service locations across several states, including Mississippi, Tennessee, and Florida.

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Positive

  • Dividend of $0.22 per share reflects confidence in financial stability.
  • Continued operations across 195 locations indicates strong market presence.

Negative

  • None.
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-1.77% 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 -1.77%.

Data tracked by StockTitan Argus. Session date unavailable.

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TUPELO, Miss., Nov. 16, 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 January 1, 2023, to shareholders of record as of December 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 $16.5 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:For Financials:
 John S. OxfordJames C. Mabry IV
 Senior Vice PresidentExecutive Vice President
 Chief Marketing OfficerChief Financial Officer
 (662) 680-1219(662) 680-1281
 joxford@renasant.comjim.mabry@renasant.com

                      
                                      
                                                  
                                                       
                                      
                                                      


FAQ

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

What is the dividend amount for RNST?

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

When will the RNST dividend be paid?

The dividend will be paid on January 1, 2023.

What is the record date for the RNST dividend?

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

What are Renasant Corporation's major assets?

Renasant Corporation has approximately $16.5 billion in assets.

How many locations does Renasant Corporation operate?

Renasant Corporation operates 195 banking and financial service locations.

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