Red River Bancshares, Inc. Announces Quarterly Cash Dividend
Rhea-AI Summary
Red River Bancshares (Nasdaq: RRBI) has declared a quarterly cash dividend of $0.09 per share of common stock. The dividend will be paid on December 19, 2024, to shareholders of record as of the close of business on December 9, 2024. This announcement was made following the board of directors' meeting on October 24, 2024.
Positive
- Consistent dividend payment demonstrates financial stability
- Maintaining cash returns to shareholders
Negative
- None.
News Market Reaction – RRBI
In the trading session that priced this news, RRBI declined 2.33%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ALEXANDRIA, La., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on October 24, 2024, its board of directors declared a quarterly cash dividend in an amount equal to
About Red River Bancshares, Inc.
The Company is the bank holding company for Red River Bank, a Louisiana state-chartered bank established in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of our commercial and retail customers. Red River Bank operates from a network of 28 banking centers throughout Louisiana and one combined loan and deposit production office in New Orleans, Louisiana. Banking centers are located in the following Louisiana markets: Central, which includes the Alexandria metropolitan statistical area (“MSA”); Northwest, which includes the Shreveport-Bossier City MSA; Capital, which includes the Baton Rouge MSA; Southwest, which includes the Lake Charles MSA; the Northshore, which includes Covington; Acadiana, which includes the Lafayette MSA; and New Orleans.
Contact:
Julia E. Callis
Senior Vice President, General Counsel & Corporate Secretary
318-561-4042
julia.callis@redriverbank.net
