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Red River Bancshares, Inc. Announces Quarterly Cash Dividend

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Rhea-AI Summary

Red River Bancshares, Inc. (Nasdaq: RRBI) announced a quarterly cash dividend of $0.07 per share, declared on August 26, 2021. This dividend will be payable on September 23, 2021, to shareholders recorded by the close of business on September 13, 2021. The bank holding company operates 26 banking centers across Louisiana, providing a range of banking products and services tailored for both commercial and retail customers.

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Positive

  • Declared a cash dividend of $0.07 per share, signaling confidence in financial stability.

Negative

  • None.

News Market Reaction – RRBI

+1.14%
+1.14% Session move

In the trading session that priced this news, RRBI gained 1.14%, 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.

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ALEXANDRIA, La., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on August 26, 2021, its board of directors declared a quarterly cash dividend in an amount equal to $0.07 per share of common stock. The cash dividend is payable on September 23, 2021, to shareholders of record as of the close of business on September 13, 2021.

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 26 banking centers throughout Louisiana and one combined loan and deposit production office in Lafayette, 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; and the Northshore, which includes Covington.

Contact:
Julia Callis
Vice President, Corporate Counsel & Investor Relations Officer
318-561-4042
julia.callis@redriverbank.net


FAQ

What is the dividend amount for Red River Bancshares (RRBI)?

The cash dividend amount is $0.07 per share.

When is the dividend payable for RRBI?

The dividend is payable on September 23, 2021.

What is the record date for the RRBI dividend?

The record date for the dividend is September 13, 2021.