Sandy Spring Bancorp Declares Quarterly Dividend

Rhea-AI Summary

Sandy Spring Bancorp (Nasdaq: SASR), the parent company of Sandy Spring Bank, has declared a quarterly dividend of $0.34 per share. The dividend will be payable on August 21, 2024, to shareholders of record on August 14, 2024. This dividend announcement maintains consistency with both the previous linked quarter and the third quarter of 2023, demonstrating the company's commitment to providing regular returns to its shareholders. The stability in dividend payments may indicate Sandy Spring Bancorp's financial health and confidence in its ongoing performance.

Positive

• Consistent quarterly dividend of $0.34 per share maintained
• Dividend payout demonstrates financial stability

Negative

• None.

OLNEY, Md., Aug. 01, 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 August 21, 2024, to shareholders of record on August 14, 2024. This dividend is consistent with the previous linked quarter and the third 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:
Samantha Price, Vice President
301-260-3614
sprice@sandyspringbank.com

FAQ

What is the dividend amount for Sandy Spring Bancorp (SASR) in Q3 2024?

Sandy Spring Bancorp (SASR) has declared a quarterly dividend of $0.34 per share for Q3 2024.

When is the ex-dividend date for Sandy Spring Bancorp's (SASR) Q3 2024 dividend?

The press release doesn't specify the ex-dividend date. Typically, it's one business day before the record date, which is August 14, 2024.

What is the dividend payment date for Sandy Spring Bancorp (SASR) in Q3 2024?

The dividend payment date for Sandy Spring Bancorp (SASR) in Q3 2024 is August 21, 2024.

Has Sandy Spring Bancorp (SASR) changed its dividend compared to previous quarters?

No, Sandy Spring Bancorp (SASR) has maintained its quarterly dividend of $0.34 per share, consistent with the previous linked quarter and the third quarter of 2023.