Investar Holding Corporation Declares Quarterly Cash Dividend

Rhea-AI Summary

Investar Holding Corporation (NASDAQ:ISTR) announced a quarterly cash dividend of $0.08 per share, payable on October 29, 2021, to shareholders of record as of September 30, 2021. This marks the 32nd quarterly dividend by Investar Holding following 11 consecutive quarterly cash dividends from its banking subsidiary, Investar Bank. As of June 30, 2021, Investar Bank had total assets of $2.7 billion and employed 357 full-time equivalent employees across 34 branches in Louisiana, Texas, and Alabama.

Positive

• Declared a quarterly cash dividend of $0.08 per share, providing income to shareholders.
• Continuity of dividend payments, indicating financial stability.

Negative

• None.

BATON ROUGE, LA / ACCESSWIRE / September 15, 2021 / Investar Holding Corporation (the "Company") (NASDAQ:ISTR), the holding company of Investar Bank, National Association (the "Bank"), declared a quarterly cash dividend of $0.08 per share to holders of Investar Holding Corporation common stock. The dividend is payable on October 29, 2021 to shareholders of record as of September 30, 2021. This is the 32^nd quarterly dividend paid by Investar Holding Corporation, which follows an uninterrupted 11 quarterly cash dividends paid by Investar Bank.

About Investar Holding Corporation

Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, National Association. The Bank currently operates 34 branch locations serving Louisiana, Texas, and Alabama. At June 30, 2021, the Bank had 357 full-time equivalent employees and total assets of $2.7 billion.

Forward-Looking Statements

This press release may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions about our business that are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from those described in this press release. You should not rely on forward-looking statements as a prediction of future events. Additional information regarding factors that could cause actual results to differ materially from those discussed in any forward-looking statements are described in reports and registration statements we file with the SEC, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on the Investar internet website http://www.InvestarBank.com.

We disclaim any obligation to update any forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based except as required by law.

Contact:

Investar Holding Corporation
Chris Hufft
Chief Financial Officer
(225) 227-2215
Chris.Hufft@investarbank.com

SOURCE: Investar Holding

View source version on accesswire.com:
https://www.accesswire.com/664223/Investar-Holding-Corporation-Declares-Quarterly-Cash-Dividend

FAQ

What is the dividend amount for Investar Holding Corporation?

The dividend amount declared is $0.08 per share.

When will the dividend be paid to shareholders?

The dividend is payable on October 29, 2021.

What are the record dates for the dividend?

Shareholders must be on record by September 30, 2021, to receive the dividend.

How many quarters has Investar Holding Corporation paid dividends?

Investar Holding Corporation has paid a total of 32 quarterly dividends.

What is the financial status of Investar Bank?

Investar Bank has total assets of $2.7 billion as of June 30, 2021.