Reliant Bancorp, Inc. (RBNC) Raises Quarterly Dividend 20% to $0.12; 2.3% Yield
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Reliant Bancorp, Inc. Increases Cash Dividend by 20% to $0.12 Per Share
January 25, 2021 5:00 PM ESTBRENTWOOD, 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 $0.12 per share payable on February 19, 2021, to shareholders of record as of the close of business on February 8, 2021.
The 20% increase in Reliants cash dividend to $0.12 per share highlights our solid growth in earnings for the fourth quarter and year, stated DeVan Ard, Jr., Reliants Chairman and CEO. Our excellent results for 2020 benefited from a strong net interest margin, superior credit quality and two... More
