Red River Bancshares, Inc. Announces Quarterly Cash Dividend
Rhea-AI Summary
Red River Bancshares, Inc. (Nasdaq: RRBI) has announced a quarterly cash dividend of $0.07 per share, declared on May 26, 2022. This dividend will be paid on June 23, 2022, to shareholders of record by the close of business on June 13, 2022. The company operates Red River Bank, which offers a comprehensive suite of banking services across 27 locations in Louisiana and aims to cater to both commercial and retail clients.
Positive
- Announcement of a quarterly cash dividend of $0.07 per share.
- Payment date set for June 23, 2022, indicating continued shareholder returns.
Negative
- None.
News Market Reaction – RRBI
In the trading session that priced this news, RRBI gained 0.49%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ALEXANDRIA, La., May 26, 2022 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on May 26, 2022, 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 commercial and retail customers. Red River Bank operates from a network of 27 banking centers throughout Louisiana and two combined loan and deposit production offices, one each in Lafayette, Louisiana and 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; and Acadiana, which includes the Lafayette MSA.
Contact:
Julia Callis
Vice President, Corporate Counsel & Investor Relations Officer
318-561-4042
julia.callis@redriverbank.net
