Northrim BanCorp (NRIM) Raises Quarterly Dividend 9.1% to $0.24; 2.9% Yield

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Northrim BanCorp, Inc. Increases Quarterly Cash Dividend 9% to $0.24 per Share

February 23, 2018 9:00 AM EST

ANCHORAGE, Alaska, Feb. 23, 2018 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend 9% to $0.24 per share.  The dividend will be payable on March 16, 2018, to shareholders of record at the close of business on March 8, 2018.

We continue to generate good profitability, which sustains our ability to steadily increase cash dividends, said Joe... More