Sandy Spring Bancorp Declares Quarterly Dividend

Rhea-AI Summary

Sandy Spring Bancorp, Inc. (Nasdaq: SASR) announced a quarterly common stock dividend of $0.32 per share, payable on August 18, 2021 to shareholders of record as of August 11, 2021. This dividend remains consistent with the previous quarter and represents an increase of $0.02 compared to the third quarter of 2020. Sandy Spring Bank operates over 60 locations and provides a wide range of financial services including commercial, retail banking, and wealth management across Maryland and the Greater Washington, D.C. region.

Positive

• Dividend declared at $0.32 per share, consistent with previous quarter and $0.02 higher than last year, indicating financial stability.
• Presence of over 60 locations enhances accessibility and customer reach.

Negative

• None.

OLNEY, Md., July 29, 2021 (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 $0.32 per share payable on August 18, 2021 to shareholders of record on August 11, 2021. This dividend is consistent with the previous linked quarter, and $0.02 more than the third quarter of 2020.

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 60 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 declared by Sandy Spring Bancorp for August 2021?

Sandy Spring Bancorp declared a dividend of $0.32 per share.

When is the dividend payment date for SASR?

The dividend is payable on August 18, 2021.

Who are the shareholders of record for the SASR dividend?

The shareholders of record are those holding shares as of August 11, 2021.

How does the current dividend compare to previous payments?

The current dividend is consistent with the previous quarter and $0.02 higher than the same quarter last year.