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Red River Bancshares, Inc. Announces Quarterly Cash Dividend

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Red River Bancshares, Inc. (Nasdaq: RRBI) has declared a quarterly cash dividend of $0.07 per share, effective March 24, 2022. This dividend will be paid to shareholders who own shares by the close of business on March 14, 2022. Established in 1999, Red River Bank provides a comprehensive range of banking services across 27 centers in Louisiana, catering to both commercial and retail clients.

Positive
  • Quarterly cash dividend of $0.07 per share announced, indicating company confidence.
  • Dividend payment enhances shareholder income.
Negative
  • None.

ALEXANDRIA, La., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on February 24, 2022, its board of directors declared a quarterly cash dividend in an amount equal to $0.07 per share of common stock. The cash dividend is payable on March 24, 2022, to shareholders of record as of the close of business on March 14, 2022.

About Red River Bancshares, Inc.
The Company is the bank holding company for Red River Bank, a Louisiana state-chartered bank established in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of commercial and retail customers. Red River Bank operates from a network of 27 banking centers throughout Louisiana and two combined loan and deposit production offices, one each in Lafayette, Louisiana and New Orleans, Louisiana. Banking centers are located in the following Louisiana markets: Central, which includes the Alexandria metropolitan statistical area (“MSA”); Northwest, which includes the Shreveport-Bossier City MSA; Capital, which includes the Baton Rouge MSA; Southwest, which includes the Lake Charles MSA; the Northshore, which includes Covington; and Acadiana, which includes the Lafayette MSA.

Contact:
Julia Callis
Vice President, Corporate Counsel & Investor Relations Officer
318-561-4042
julia.callis@redriverbank.net


FAQ

What is the dividend amount for RRBI in 2022?

The dividend amount for RRBI is $0.07 per share.

When is the dividend payable for RRBI?

The dividend is payable on March 24, 2022.

What is the record date for the RRBI dividend?

The record date for the RRBI dividend is March 14, 2022.

How often does RRBI pay dividends?

RRBI pays dividends quarterly.

Is the RRBI dividend sustainable?

The sustainability of the RRBI dividend depends on the company's financial performance and profitability.

Red River Bancshares, Inc.

NASDAQ:RRBI

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Banks - Regional
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United States of America
ALEXANDRIA