Northrim BanCorp (NRIM) Raises Quarterly Dividend 5% to $0.21; 2.7% Yield
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Northrim BanCorp, Inc. Raises Quarterly Cash Dividend 5% to $0.21 per Share
February 24, 2017 9:00 AM ESTANCHORAGE, Alaska, Feb. 24, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that its Board of Directors increased the regular quarterly cash dividend by $0.01, or 5%, to $0.21 per share. The dividend will be payable on March 17, 2017, to shareholders of record at the close of business on March 9, 2017.
Our Northrim franchise remains strong and is generating solid profitability, despite the slowing economy in Alaska. We are committed to providing returns to our shareholders through earnings growth and dividends, said Joseph Beedle, President and CEO. At the stock... More
