Richmond Mutual Bancorporation (RMBI) Declares $0.50 Special Dividend; 3.7% Yield

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Richmond Mutual Bancorporation, Inc. Announces Special Dividend

April 7, 2021 4:37 PM EDT

RICHMOND, Ind., April 7, 2021 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a special cash dividend on Richmond Mutual Bancorporation common stock of $0.50 per share.  In making the announcement, Garry Kleer, Chairman, President and Chief Executive Officer, said "We are pleased to announce the payment of a $0.50 per share special dividend.  While the determination to pay any dividend depends on a variety of factors, the Board has determined that the payment of the special dividend is consistent with sound capital management strategies while... More