Sandy Spring Bancorp Declares Quarterly Dividend

Rhea-AI Summary

Sandy Spring Bancorp (Nasdaq: SASR) announced a quarterly common stock dividend of $0.34 per share. The dividend will be paid on November 21, 2024, to shareholders of record on November 14, 2024. This dividend payment maintains consistency with both the previous quarter and the fourth quarter of 2023.

Positive

• Maintained stable quarterly dividend of $0.34 per share
• Consistent dividend payment shows financial stability

Negative

• None.

News Market Reaction

-1.35%

1 alert

-1.35% News Effect

On the day this news was published, SASR declined 1.35%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

OLNEY, Md., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq- SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common stock dividend of $0.34 per share payable on November 21, 2024, to shareholders of record on November 14, 2024. This dividend is consistent with the previous linked quarter and the fourth quarter of 2023.

About Sandy Spring Bancorp, Inc./Sandy Spring Bank

Sandy Spring Bancorp, Inc., headquartered in Olney, Maryland, is the holding company for Sandy Spring Bank, a premier community bank in the Greater Washington, D.C. region. With over 50 locations, the bank offers a broad range of commercial and retail banking, mortgage, private banking, and trust services throughout Maryland, Virginia, and Washington, D.C. Through its subsidiaries, Rembert Pendleton Jackson  and West Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu of wealth management services.

For additional information or questions, please contact:
        Daniel J. Schrider, Chair, President & Chief Executive Officer, or
        Charles S. Cullum, Executive V.P. & Chief Financial Officer
        Sandy Spring Bancorp
        17801 Georgia Avenue
        Olney, Maryland 20832
        1-800-399-5919
        E-mail:        DSchrider@sandyspringbank.com
                             CCullum@sandyspringbank.com
        Website:     www.sandyspringbank.com   

Media Contact:
Amber Washington, Senior Vice President
301.774.6400 x5697
awashington@sandyspringbank.com

FAQ

What is Sandy Spring Bancorp's dividend amount for Q4 2024?

Sandy Spring Bancorp (SASR) declared a quarterly dividend of $0.34 per share for Q4 2024.

When is Sandy Spring Bancorp's Q4 2024 dividend payment date?

The dividend will be paid on November 21, 2024, to shareholders of record as of November 14, 2024.

Has SASR changed its dividend compared to previous quarters?

No, the $0.34 per share dividend remains consistent with both the previous quarter and the fourth quarter of 2023.

What is the record date for Sandy Spring Bancorp's Q4 2024 dividend?

The record date for SASR's Q4 2024 dividend is November 14, 2024.