Simmons First National Corporation Declares $0.18 Per Share Dividend
26 Aprile 2021 - 10:15PM
Simmons First National Corporation’s (NASDAQ: SFNC) (“Simmons” or
“Company”) today announced that its board of directors has declared
a quarterly cash dividend on the Company’s Class A common stock of
$0.18 per share, which is payable on July 6, 2021, to shareholders
of record as of June 15, 2021. The cash dividend rate represents an
increase of $0.01 per share, or 6 percent, from the dividend paid
for the same time period last year.
The current quarterly cash dividend rate further
represents an annualized cash dividend rate of $0.72 per share and
a five-year compound annual growth rate in the dividend of more
than 8 percent. Simmons has a track record of paying cash dividends
for 112 consecutive years.
Simmons First National
CorporationSimmons (NASDAQ: SFNC) is a $23.3 billion asset
Mid-South based financial holding company whose principal
subsidiary, Simmons Bank, operates 198 branches, including 68 in
Arkansas, 48 in Missouri, 33 in Tennessee, 23 in Texas, 20 in
Oklahoma and 6 in Kansas. Founded in 1903, Simmons Bank offers
comprehensive financial solutions delivered with a client-centric
approach. Simmons Bank was recently named to Forbes magazine’s list
of “World’s Best Banks” for the second consecutive year and ranked
among the top 30 banks in Forbes’ list of “America’s Best Banks”
for 2021. Additional information about Simmons Bank can be found on
our website at simmonsbank.com, by following @Simmons_Bank on
Twitter or by visiting our newsroom.
Forward-Looking StatementsThis
press release contains statements related to dividends that are not
based on historical facts and constitute "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. By nature, such forward-looking statements are
based on various assumptions and involve inherent risks and
uncertainties that could cause actual results to differ materially
from those expressed in or implied by the forward-looking
statements. Among other risks, there can be no guarantee that the
board of directors of Simmons will approve a quarterly dividend in
future quarters, and the timing, payment, and amount of future
dividends (if any) may differ significantly from past dividends.
Additional information on other risk factors that could affect the
forward-looking statements is contained in the Company’s Form 10-K
for the year ended December 31, 2020, which has been filed with,
and is available from, the U.S. Securities and Exchange
Commission. Any forward-looking statement speaks only
as of the date of this press release, and the Company undertakes no
obligation to update these forward-looking statements to reflect
events or circumstances that occur after the date of this press
release.
FOR MORE INFORMATION CONTACT:
Ed BilekEVP, Director of Investor RelationsSimmons First
National Corporationed.bilek@simmonsbank.com
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