Northrim BanCorp (NRIM) Raises Quarterly Dividend 4.8% to $0.22; 3.2% Yield

Go back to Northrim BanCorp (NRIM) Raises Quarterly Dividend 4.8% to $0.22; 3.2% Yield

Northrim BanCorp, Inc. Raises Quarterly Cash Dividend 5% to $0.22 per Share

August 25, 2017 9:00 AM EDT

ANCHORAGE, Alaska, Aug. 25, 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 $0.22 per share.  The dividend will be payable on September 15, 2017, to shareholders of record at the close of business on September 7, 2017.

In the past five years, the Northrim franchise has increased both its common dividend and shareholder equity at an 8% compounded annual growth rate.  We are committed to... More