SR BANCORP, INC. ANNOUNCES PAYMENT OF INITIAL QUARTERLY CASH DIVIDEND OF $0.05 PER SHARE
SR Bancorp (NASDAQ: SRBK), the holding company for Somerset Regal Bank, has announced its first quarterly cash dividend payment. The company's Board of Directors declared a dividend of $0.05 per share, which will be distributed on April 15, 2025 to stockholders of record as of March 31, 2025. The announcement reflects the company's strong financial position, according to CEO William P. Taylor.
SR Bancorp (NASDAQ: SRBK), la holding per Somerset Regal Bank, ha annunciato il suo primo pagamento di dividendi in contante trimestrali. Il Consiglio di Amministrazione della società ha dichiarato un dividendo di $0.05 per azione, che sarà distribuito il 15 aprile 2025 agli azionisti registrati al 31 marzo 2025. L'annuncio riflette la solida posizione finanziaria della società, secondo il CEO William P. Taylor.
SR Bancorp (NASDAQ: SRBK), la compañía holding de Somerset Regal Bank, ha anunciado su primer pago de dividendo en efectivo trimestral. La Junta Directiva de la empresa declaró un dividendo de $0.05 por acción, que se distribuirá el 15 de abril de 2025 a los accionistas registrados hasta el 31 de marzo de 2025. El anuncio refleja la sólida posición financiera de la compañía, según el CEO William P. Taylor.
SR Bancorp (NASDAQ: SRBK), Somerset Regal Bank의 지주회사,가 첫 분기 현금 배당금 지급을 발표했습니다. 회사의 이사회는 주당 $0.05의 배당금을 선언했으며, 이는 2025년 4월 15일에 2025년 3월 31일 기준 주주에게 분배될 예정입니다. 이 발표는 CEO 윌리엄 P. 테일러에 따르면 회사의 강력한 재무 상태를 반영합니다.
SR Bancorp (NASDAQ: SRBK), la société holding de Somerset Regal Bank, a annoncé son premier paiement de dividende en espèces trimestriel. Le conseil d'administration de l'entreprise a déclaré un dividende de 0,05 $ par action, qui sera distribué le 15 avril 2025 aux actionnaires inscrits au 31 mars 2025. L'annonce reflète la solide position financière de l'entreprise, selon le PDG William P. Taylor.
SR Bancorp (NASDAQ: SRBK), die Holdinggesellschaft der Somerset Regal Bank, hat die erste vierteljährliche Bardividende angekündigt. Der Vorstand des Unternehmens hat eine Dividende von 0,05 $ pro Aktie erklärt, die am 15. April 2025 an die Aktionäre ausgezahlt wird, die am 31. März 2025 im Aktienregister stehen. Die Ankündigung spiegelt die starke finanzielle Lage des Unternehmens wider, so CEO William P. Taylor.
- Initiation of first quarterly dividend program indicates financial stability
- Strong financial position enables cash distribution to shareholders
- Initial dividend yield is relatively modest at $0.05 per share
William P. Taylor, Chief Executive Officer of SR Bancorp, Inc said: "We are pleased to be in a strong financial position giving us the ability to pay a cash dividend."
About SR Bancorp, Inc.
SR Bancorp, Inc. is the holding company for Somerset Regal Bank, a full-service
Forward Looking Statements
Certain statements contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements, which are based on certain current assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of the words "may," "will," "should," "could," "would," "plan," "potential," "estimate," "project," "believe," "intend," "anticipate," "expect," "target" and similar expressions. Forward-looking statements are based on current beliefs and expectations of management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. Certain factors that could cause actual results to differ materially from expected results include increased competitive pressures, changes in the interest rate environment, inflation, general economic conditions or conditions within the securities markets, our ability to successfully integrate acquired operations and realize the expected level of synergies and cost savings, real estate market values in the Bank's lending area changes in the quality of our loan and security portfolios, increases in non-performing and classified loans, economic assumptions or changes in our methodology that may impact our allowance for credit losses calculation, changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio, the availability of low-cost funding, monetary and fiscal policies of the
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