Reliant Bancorp, Inc. (RBNC) Declares $0.10 Quarterly Dividend; 2.7% Yield

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Reliant Bancorp, Inc. Declares Cash Dividend of $0.10 Per Share

July 21, 2020 5:00 PM EDT

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Reliant Bancorp, Inc. (Reliant) (Nasdaq: RBNC), the parent company for Reliant Bank, announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share payable on August 21, 2020, to shareholders of record as of the close of business on August 7, 2020.

Reliants second quarter dividend payment represents an 11.1% increase in the amount paid per share compared with the same quarter in 2019, stated DeVan Ard, Jr., Reliants Chairman and CEO. We remain positive about Reliants future following our two recent acquisitions that solidify our position as the... More