Reliant Bancorp, Inc. (RBNC) Raises Quarterly Dividend 12.5% to $0.09; 1.5% Yield

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Go back to Reliant Bancorp, Inc. (RBNC) Raises Quarterly Dividend 12.5% to $0.09; 1.5% Yield

Reliant Bancorp, Inc. Increases Cash Dividend to $0.09 Per Share

December 18, 2018 4:45 PM EST

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Reliant Bancorp, Inc. (Reliant Bancorp) (Nasdaq: RBNC), the parent company for Reliant Bank, announced today that its Board of Directors declared a cash dividend of $0.09 per share. The new dividend represents a 12.5% increase from the $0.08 per share paid in the third quarter of 2018 and a 50% increase from the cash dividend paid in the fourth quarter of 2017. The $0.09 per share cash dividend is payable on January 18, 2019, to shareholders of record as of the close of business on January 8,2019.

This quarters 12.5% increase in the cash dividend highlights Reliants solid... More