Simmons First National Corporation Declares $0.17 Per Share Dividend

Rhea-AI Summary

Simmons First National Corp. (NASDAQ: SFNC) announced a quarterly cash dividend of $0.17 per share, payable on January 5, 2021, to shareholders of record as of December 15, 2020. This marks a 6.3% increase from last year’s dividend. As of September 30, 2020, the company's total consolidated assets were approximately $21.4 billion, reflecting its robust financial position. Simmons First operates across several states including Arkansas, Illinois, and Texas, providing a wide range of financial services.

Positive

• Dividend increased by $0.01 per share, representing a 6.3% rise.
• Strong financial position with total consolidated assets of approximately $21.4 billion.

Negative

• None.

News Market Reaction – SFNC

-2.96%

-2.96% Session move

In the trading session that priced this news, SFNC declined 2.96%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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PINE BLUFF, Ark., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Simmons First National Corp.’s (NASDAQ: SFNC) board of directors declared a regular $0.17 per share quarterly cash dividend payable on January 5, 2021, to shareholders of record as of December 15, 2020. This dividend represents a $0.01 per share, or 6.3 percent, increase above the dividend paid for the same period last year.

Simmons First National Corp. is a financial holding company headquartered in Pine Bluff, Ark., with total consolidated assets of approximately $21.4 billion as of September 30, 2020, conducting financial operations in Arkansas, Illinois, Kansas, Missouri, Oklahoma, Tennessee and Texas. The company, through its subsidiaries, offers comprehensive financial solutions delivered with a client-centric approach.

FOR MORE INFORMATION CONTACT:

Stephen C. Massanelli
Executive Vice President, Chief Administrative Officer and Investor Relations Officer
Simmons First National Corporation
steve.massanelli@simmonsbank.com

FAQ

What is the dividend amount declared by Simmons First National Corp. (SFNC)?

The declared dividend amount is $0.17 per share.

When will the dividend be paid to shareholders of SFNC?

The dividend will be payable on January 5, 2021.

What is the record date for the SFNC dividend?

The record date for the dividend is December 15, 2020.

How much did the dividend increase for SFNC compared to last year?

The dividend increased by $0.01 per share, or 6.3%, compared to last year.

What are Simmons First National Corp.'s total assets as of September 30, 2020?

The total consolidated assets are approximately $21.4 billion.