Renasant Corporation Declares Quarterly Dividend

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Renasant (NYSE: RNST) has announced its board of directors has approved a quarterly cash dividend of $0.22 per share. The dividend will be paid on January 1, 2025, to shareholders who are on record as of December 18, 2024.

Positive

Maintains consistent dividend payment, demonstrating financial stability
Quarterly dividend of $0.22 per share provides steady income for shareholders

Negative

None.

News Market Reaction

-0.70%

1 alert

-0.70% News Effect

On the day this news was published, RNST declined 0.70%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

11/14/2024 - 11:38 AM

TUPELO, Miss., Nov. 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 January 1, 2025, to shareholders of record as of December 18, 2024.

ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 120-year-old financial services institution. Renasant has assets of approximately $18.0 billion and operates 186 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: John S. Oxford Senior Vice President Chief Marketing Officer (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