Reliant Bancorp, Inc. (RBNC) Raises Quarterly Dividend 11.1% to $0.10; 1.8% Yield

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Go back to Reliant Bancorp, Inc. (RBNC) Raises Quarterly Dividend 11.1% to $0.10; 1.8% Yield

Reliant Bancorp, Inc. Increases Quarterly Cash Dividend by 11.1% to $0.10 Per Share

January 22, 2020 4:17 PM EST

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Reliant Bancorp, Inc. (Reliant or the Company) (Nasdaq: RBNC), the parent company for Reliant Bank, announced today that its Board of Directors increased its quarterly cash dividend to $0.10 per share, representing an 11.1% increase from the previous quarterly cash dividend of $0.09 per share. The $0.10 per share cash dividend is payable on February 14, 2020, to shareholders of record as of the close of business on February 4, 2020.

The 11.1% increase in our cash dividend to $0.10 per share highlights Reliants continued growth in 2019, stated DeVan Ard, Jr., Reliants Chairman, President and CEO. Our cash... More