2025 marks the
116th consecutive year that Simmons has paid a cash
dividend to shareholders
PINE
BLUFF, Ark., Jan. 30,
2025 /PRNewswire/ -- Simmons First National
Corporation (NASDAQ: SFNC) (Simmons or Company) announced today
that its board of directors has declared a quarterly cash dividend
on Simmons' Class A common stock of $0.2125 per share, which is payable on
April 1, 2025, to shareholders of
record as of March 14, 2025. The cash
dividend rate represents an increase of 1 percent from the dividend
paid for the same time period last year.
The indicated annualized cash dividend rate of $0.85 for 2025 represents a ten-year compound
annual growth rate of 6 percent and marks the 116th
consecutive year that Simmons has paid cash dividends. According to
research by Dividend Power, Simmons is one of only 26 U.S. publicly
traded companies that have paid dividends for 100+ uninterrupted
years. This marks the 14th consecutive year that Simmons has
increased its dividend, earning it Dividend Power's designation as
a "Dividend Contender," a title exclusively for companies that have
increased their dividend for 10 to 24 consecutive years. As of
January 17, 2025, Dividend Power
research noted that Simmons is one of only 343 companies out of
nearly 6,000 companies listed on the New York Stock Exchange (NYSE)
and NASDAQ in 2022 to achieve this distinction.
Simmons First National Corporation
Simmons First
National Corporation (NASDAQ: SFNC) is a Mid-South based financial
holding company that has paid cash dividends to its shareholders
for 116 consecutive years. Its principal subsidiary, Simmons Bank, operates 222 branches in
Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Founded in 1903, Simmons Bank offers comprehensive financial
solutions delivered with a client-centric approach. In 2024,
Simmons Bank was recognized by
Newsweek as one of America's Best Regional Banks 2025,
by U.S. News & World Report as one of the 2024-2025 Best
Companies to Work For in the South and by Forbes as one of
America's Best-In-State Banks 2024 in Tennessee and America's Best-In-State Banks
2024 in Missouri. Additional
information about Simmons Bank can
be found on our website at simmonsbank.com, by following
@Simmons_Bank on X (formerly Twitter) or by visiting our
newsroom.
Forward-Looking Statements
This 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
factors that might affect the Company's financial results is
included in the Company's Form 10-K for the year ended December 31, 2023, the Company's Form 10-Q for
the quarterly period ended September 30,
2024, and other reports that the Company has filed with or
furnished to the U.S. Securities and Exchange Commission (the SEC),
all of which are available from the SEC on its website,
www.sec.gov. Any forward-looking statement speaks only as of the
date of this press release, and Simmons undertakes no obligation to
update these forward-looking statements to reflect events or
circumstances that occur after the date of this press release.
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SOURCE Simmons First National Corporation
