Sandy Spring Bancorp Declares Quarterly Dividend
Sandy Spring Bancorp, Inc. (Nasdaq: SASR) announced a quarterly common stock dividend of $0.34 per share, payable on November 16, 2022, to shareholders recorded on November 9, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Sandy Spring Bancorp, Inc. (Nasdaq: SASR) announced a quarterly common stock dividend of $0.34 per share, payable on November 16, 2022, to shareholders recorded on November 9, 2022. This dividend remains consistent with the previous quarter and represents an increase of $0.02 compared to Q4 2021. The bank, headquartered in Olney, Maryland, operates in the Greater Washington, D.C. region, offering a range of banking and wealth management services.
Positive
- Declared quarterly dividend of $0.34 per share.
- Dividend increase of $0.02 compared to the same quarter last year.
- Consistency in dividend policy reinforces shareholder confidence.
Negative
- None.
Details
News Market Reaction – SASR
The recorded move for SASR in the trading session of this news was +2.52%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
OLNEY, Md., Oct. 27, 2022 (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
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, President & Chief Executive Officer, or | |
| Philip J. Mantua, Executive V.P. & Chief Financial Officer | |
| Sandy Spring Bancorp | |
| 17801 Georgia Avenue | |
| Olney, Maryland 20832 | |
| 1-800-399-5919 | |
| E-mail: DSchrider@sandyspringbank.com | |
| PMantua@sandyspringbank.com | |
| Website: www.sandyspringbank.com | |
| Media Contact: | |
| Jen Schell | |
| 301-570-8331 | |
| jschell@sandyspringbank.com | |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.