Renasant Corporation Declares Quarterly Dividend

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

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Rhea-AI Summary

Renasant (NYSE: RNST) has announced a quarterly cash dividend of $0.22 per share. The dividend was approved by the company's board of directors and is set to be paid on September 30, 2024. Shareholders who are on record as of September 16, 2024, will be eligible to receive this dividend. This announcement demonstrates Renasant's commitment to providing regular returns to its shareholders, which can be seen as a positive sign of the company's financial health and confidence in its future performance.

Positive

Consistent dividend payment indicates financial stability
Dividend provides income for shareholders

Negative

None.

News Market Reaction

+1.51%

1 alert

+1.51% News Effect

On the day this news was published, RNST gained 1.51%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

08/14/2024 - 04:15 PM

TUPELO, Miss., Aug. 14, 2024 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NYSE: RNST) approved the payment of a quarterly cash dividend of twenty-two cents ($0.22) per share to be paid September 30, 2024, to shareholders of record as of September 16, 2024.

ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 120-year-old financial services institution. Renasant has assets of approximately $17.5 billion and operates 185 banking, lending, mortgage and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis.

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 Senior Vice President Chief Marketing Officer (662) 680-1219 joxford@renasant.com		James C. Mabry IV Executive Vice President Chief Financial Officer (662) 680-1281 jim.mabry@renasant.com