Northrim BanCorp (NRIM) Raises Quarterly Dividend 12.5% to $0.27; 2.4% Yield
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Northrim BanCorp, Inc. Raises Quarterly Cash Dividend 12.5% to $0.27 per Share
August 24, 2018 9:00 AM EDTANCHORAGE, Alaska, Aug. 24, 2018 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend 12.5% to $0.27 per share. The dividend will be payable on September 14, 2018, to shareholders of record at the close of business on September 6, 2018.
We are positioned to benefit from rising interest rates and lower tax costs, which is contributing to our profitability and our ability to increase our dividend to shareholders. In addition, the improved price stability for... More
