SR BANCORP, INC. ANNOUNCES PAYMENT OF QUARTERLY CASH DIVIDEND OF $0.05 PER SHARE
Rhea-AI Summary
SR Bancorp (NASDAQ: SRBK) declared a quarterly cash dividend of $0.05 per share. The dividend will be paid on April 15, 2026 to shareholders of record as of March 31, 2026. The company said it is in a strong financial position that allows the dividend payment.
Positive
- $0.05 per share quarterly dividend declared
- Dividend payment date: April 15, 2026
- Record date set for March 31, 2026
- Company states strong financial position enabling dividend
Negative
- None.
News Market Reaction – SRBK
In the Mar 19 session, SRBK gained 0.85%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
David Orbach, Executive Chairman of SR Bancorp, Inc said: "We are pleased to be in a strong financial position giving us the ability to pay a cash dividend."
About SR Bancorp, Inc.
SR Bancorp, Inc. is the holding company for Somerset Regal Bank, a full-service
Forward Looking Statements
Certain statements contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements, which are based on certain current assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of the words "may," "will," "should," "could," "would," "plan," "potential," "estimate," "project," "believe," "intend," "anticipate," "expect," "target" and similar expressions. Forward-looking statements are based on current beliefs and expectations of management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. Certain factors that could cause actual results to differ materially from expected results include increased competitive pressures, changes in the interest rate environment, inflation, general economic conditions or conditions within the securities markets, our ability to successfully integrate acquired operations and realize the expected level of synergies and cost savings, real estate market values in the Bank's lending area changes in the quality of our loan and security portfolios, increases in non-performing and classified loans, economic assumptions or changes in our methodology that may impact our allowance for credit losses calculation, changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio, the availability of low-cost funding, monetary and fiscal policies of the
View original content to download multimedia:https://www.prnewswire.com/news-releases/sr-bancorp-inc-announces-payment-of-quarterly-cash-dividend-of-0-05-per-share-302718164.html
SOURCE SR Bancorp, Inc.