Renasant Corporation Declares Quarterly Dividend

The board of directors of Renasant Corporation (NASDAQ: RNST) announced a quarterly cash dividend of $0.22 per share, scheduled for payment on March 31, 2022.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

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Rhea-AI Summary

The board of directors of Renasant Corporation (NASDAQ: RNST) announced a quarterly cash dividend of $0.22 per share, scheduled for payment on March 31, 2022. Shareholders on record as of March 17, 2022 will be eligible. Renasant Corporation, which operates Renasant Bank, has assets totaling approximately $16.8 billion and provides financial services through 199 locations in several states. This dividend reflects the company's ongoing commitment to returning value to its shareholders.

Positive

Quarterly cash dividend of $0.22 per share indicates financial strength.
Assets of approximately $16.8 billion demonstrate robust financial health.
Presence in multiple states suggests diversified revenue streams.

Negative

None.

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News Market Reaction – RNST

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02/10/2022 - 05:07 PM

TUPELO, Miss., Feb. 10, 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 March 31, 2022, to shareholders of record as of March 17, 2022.

ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 117 year-old financial services institution. Renasant has assets of approximately $16.8 billion and operates 199 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.

What is the dividend amount for RNST in 2022?

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

When is the RNST dividend payment date?

The dividend payment date for RNST is March 31, 2022.

What is the record date for RNST's dividend?

The record date for Renasant Corporation's dividend is March 17, 2022.

How often does RNST pay dividends?

Renasant Corporation typically pays dividends on a quarterly basis.

Is RNST's dividend sustainable?

The sustainability of RNST's dividend depends on its financial performance and cash flow.

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Renasant Corporation Declares Quarterly Dividend