Red River Bancshares, Inc. Announces Increased Quarterly Cash Dividend
27 Février 2025 - 10:45PM
Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced
today that on February 27, 2025, its board of directors declared a
cash dividend of $0.12 per share of common stock, representing a 3
cent, or 33%, increase from the quarterly cash dividend of $0.09
per share declared on October 24, 2024. The cash dividend is
payable on March 20, 2025, to shareholders of record as of the
close of business on March 10, 2025. Blake Chatelain, President and
Chief Executive Officer of the Company, stated, “We are pleased to
increase our dividend this quarter. The Board’s decision to
increase our dividend demonstrates our continued focus on returning
capital to shareholders, while maintaining our commitment to strong
capital ratios.”
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 our 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 E. CallisSenior Vice President,
General Counsel & Corporate
Secretary318-561-4042julia.callis@redriverbank.net
Red River Bancshares (NASDAQ:RRBI)
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