Red River Bancshares, Inc. Announces Increased Quarterly Cash Dividend
23 Febbraio 2023 - 11:00PM
Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced
today that on February 23, 2023, its board of directors declared a
cash dividend of $0.08 per share of common stock, representing a 1
cent, or 14%, increase from the quarterly cash dividend of $0.07
per share declared on November 17, 2022. The cash dividend is
payable on March 23, 2023, to shareholders of record as of the
close of business on March 13, 2023. Blake Chatelain, President and
Chief Executive Officer of the Company, stated, “We are pleased to
increase our dividend to eight cents this quarter. Our dividend
increase reflects our confidence in the Company’s earnings and
favorable outlook.”
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 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
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