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Northrim BanCorp (NRIM) Declares $0.22 Quarterly Dividend; 2.6% Yield

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Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.22 per Share

November 17, 2017 9:00 AM EST

ANCHORAGE, Alaska, Nov. 17, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared its regular quarterly cash dividend of $0.22 per share.  The dividend will be payable on December 15, 2017, to shareholders of record at the close of business on December 7, 2017.

We continue to maintain strong levels of capital and liquidity while working to efficiently deploy our capital and resources, said Joe Schierhorn, President and CEO.  In the third quarter, we repurchased 58,341 shares of common stock at an average price of $27.56, leaving 168,901 shares available under the previously announced repurchase... More