Red River Bancshares, Inc. Announces Quarterly Cash Dividend

Rhea-AI Summary

Red River Bancshares, Inc. (Nasdaq: RRBI) declared a quarterly cash dividend of $0.07 per share on August 25, 2022. Shareholders of record by September 12, 2022, will receive the dividend, payable on September 22, 2022. This decision reflects the company's ongoing commitment to providing returns to its investors amidst its banking operations across Louisiana.

Positive

• Quarterly cash dividend declared at $0.07 per share.
• Dividend payment reflects commitment to shareholder returns.
• Stable banking operations with 28 centers across Louisiana.

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• None.

ALEXANDRIA, La., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on August 25, 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 September 22, 2022, to shareholders of record as of the close of business on September 12, 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 28 banking centers throughout Louisiana and one combined loan and deposit production office in 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; Acadiana, which includes the Lafayette MSA; and New Orleans.

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

FAQ

What is the dividend amount declared by Red River Bancshares (RRBI)?

The dividend amount declared is $0.07 per share.

When is the dividend payable for RRBI shareholders?

The dividend is payable on September 22, 2022.

What is the record date for the RRBI dividend?

The record date for the dividend is September 12, 2022.

How often does Red River Bancshares pay dividends?

The company has declared dividends quarterly.

What are the operations of Red River Bancshares?

Red River Bancshares operates 28 bank centers primarily in Louisiana.