Sandy Spring Bancorp Declares Quarterly Dividend

Rhea-AI Summary

Sandy Spring Bancorp, Inc. (Nasdaq: SASR) announced a quarterly common stock dividend of $0.34 per share, payable on November 16, 2022, to shareholders recorded on November 9, 2022. This dividend remains consistent with the previous quarter and represents an increase of $0.02 compared to Q4 2021. The bank, headquartered in Olney, Maryland, operates in the Greater Washington, D.C. region, offering a range of banking and wealth management services.

Positive

• Declared quarterly dividend of $0.34 per share.
• Dividend increase of $0.02 compared to the same quarter last year.
• Consistency in dividend policy reinforces shareholder confidence.

Negative

• None.

OLNEY, Md., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq- SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common stock dividend of $0.34 per share payable on November 16, 2022 to shareholders of record on November 9, 2022. This dividend is consistent with the previous linked quarter and $0.02 more than the fourth quarter of 2021.

About Sandy Spring Bancorp, Inc./Sandy Spring Bank

Sandy Spring Bancorp, Inc., headquartered in Olney, Maryland, is the holding company for Sandy Spring Bank, a premier community bank in the Greater Washington, D.C. region. With over 50 locations, the bank offers a broad range of commercial and retail banking, mortgage, private banking, and trust services throughout Maryland, Virginia, and Washington, D.C. Through its subsidiaries, Rembert Pendleton Jackson  and West Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu of wealth management services.

For additional information or questions, please contact:
	Daniel J. Schrider, President & Chief Executive Officer, or
	Philip J. Mantua, Executive V.P. & Chief Financial Officer
	Sandy Spring Bancorp
	17801 Georgia Avenue
	Olney, Maryland 20832
	1-800-399-5919
	E-mail: DSchrider@sandyspringbank.com
	PMantua@sandyspringbank.com
	Website: www.sandyspringbank.com
	Media Contact:
	Jen Schell
	301-570-8331
	jschell@sandyspringbank.com

 

FAQ

What is the latest dividend announced by Sandy Spring Bancorp (SASR)?

Sandy Spring Bancorp announced a quarterly common stock dividend of $0.34 per share.

When is the dividend payable for SASR stock?

The dividend is payable on November 16, 2022.

What was the previous dividend amount before the recent announcement by SASR?

The previous dividend was $0.32 per share for the fourth quarter of 2021.

Who is eligible for the SASR dividend?

Shareholders of record on November 9, 2022, are eligible for the dividend.

How often does Sandy Spring Bancorp (SASR) pay dividends?

Sandy Spring Bancorp typically pays dividends quarterly.