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Northrim BanCorp (NRIM) Declares $0.18 Quarterly Dividend; 3.1% Yield

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Northrim BanCorp, Inc. Declares Cash Dividend of $0.18 per Share

February 27, 2015 1:15 PM EST

ANCHORAGE, Alaska, Feb. 27, 2015 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (Nasdaq: NRIM) today announced that the Board of Directors declared its regular quarterly cash dividend of $0.18 per share. The dividend will be paid March 20, 2015, to shareholders of record as of the close of business on March 12, 2015.

"The two acquisitions we made last year, Alaska Pacific Bancshares, Inc. ("Alaska Pacific") and Residential Mortgage Holding Company, LLC ("Residential Mortgage"), are contributing to revenues and profits as we continue to build our franchise in Alaska. Increasing... More