Sandy Spring Bancorp Declares Quarterly Dividend

Rhea-AI Summary

Sandy Spring Bancorp (Nasdaq: SASR) has declared a quarterly dividend of $0.30 per share, payable on November 18, 2020, to shareholders of record on November 11, 2020. This dividend maintains the same amount as the previous quarters, reflecting stability in the company’s dividend policy. Sandy Spring Bancorp is a prominent community bank serving the Greater Washington, D.C. area with a variety of financial services, reinforcing its confidence in ongoing shareholder returns amidst market fluctuations.

Positive

• Quarterly dividend of $0.30 per share reflects stability and commitment to shareholders.

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• None.

OLNEY, Md., Oct. 29, 2020 (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 $0.30 per share payable on November 18, 2020 to shareholders of record on November 11, 2020. This dividend is consistent with the previous linked quarter and the fourth quarter of 2019.

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 65 locations, the bank offers a broad range of commercial and retail banking, mortgage, private banking, and trust services throughout Maryland, Northern Virginia, and Washington, D.C. Through its subsidiaries, Rembert Pendleton Jackson, Sandy Spring Insurance Corporation and West Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu of insurance and 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 dividend amount for SASR in November 2020?

The dividend amount is $0.30 per share.

When will the SASR dividend be paid?

The dividend will be paid on November 18, 2020.

What is the record date for the SASR dividend?

The record date for the dividend is November 11, 2020.

How does the SASR dividend compare to previous quarters?

The dividend of $0.30 is consistent with the previous quarter and the fourth quarter of 2019.