Sandy Spring Bancorp Declares Quarterly Dividend

Rhea-AI Summary

Sandy Spring Bancorp (Nasdaq: SASR) has announced its quarterly dividend declaration. The company will pay a dividend of $0.34 per share to shareholders on February 19, 2025. To be eligible, investors must be shareholders of record by February 12, 2025. The dividend amount remains unchanged from both the previous quarter and the first quarter of 2024, demonstrating consistency in the company's dividend policy.

Positive

• Maintained quarterly dividend of $0.34 per share
• Consistent dividend policy showing financial stability

Negative

• None.

OLNEY, Md., Jan. 30, 2025 (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 February 19, 2025 to shareholders of record on February 12, 2025. This dividend is consistent with the previous linked quarter and the first quarter of 2024.

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 Q1 2025?

Sandy Spring Bancorp (SASR) declared a quarterly dividend of $0.34 per share for Q1 2025.

When is the payment date for SASR's Q1 2025 dividend?

The dividend payment date is February 19, 2025.

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

The record date for SASR's dividend is February 12, 2025.

Has SASR changed its dividend amount compared to previous quarters?

No, the $0.34 per share dividend remains consistent with both the previous quarter and the first quarter of 2024.

What is Sandy Spring Bancorp's dividend frequency?

Sandy Spring Bancorp pays dividends on a quarterly basis.