RNST Renasant dividend history, payout ratio & dates
Renasant's last dividend payment of $0.22 per share was made to shareholders on record before Sep 16, 2024. The dividend payment stands at $0.88 per share annually, which equates to a dividend yield of 2.55%.
Key dates
- RNST last dividend date: Sep 16, 2024
RNST dividend stats
vs. Financial Services sector
Dividend yield
RNST has a dividend yield of 2.55% which is below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 2.78%, Renasant's dividend yield is 8% lower. Historically RNST's dividend yield has averaged at 2.8% in the last 5 years, which is higher than the current yield.
Dividend history
Renasant has been paying dividends for the last 30 years. According to our records RNST has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 44% from a year ago, the dividend yield marks a decrease of 31%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 16, 2024 | $0.22 | 2.67% |
| Jun 14, 2024 | $0.22 | 3.11% |
| Mar 14, 2024 | $0.22 | 3.04% |
| Dec 15, 2023 | $0.22 | 2.65% |
| Sep 14, 2023 | $0.22 | 3.33% |
| Jun 15, 2023 | $0.22 | 2.95% |
| Mar 16, 2023 | $0.22 | 2.71% |
| Dec 15, 2022 | $0.22 | 2.39% |
| Sep 15, 2022 | $0.22 | 2.65% |
| Jun 15, 2022 | $0.22 | 3.06% |
| Mar 16, 2022 | $0.22 | 2.43% |
| Dec 16, 2021 | $0.22 | 2.39% |
| Sep 15, 2021 | $0.22 | 2.65% |
| Jun 15, 2021 | $0.22 | 2.05% |
| Mar 16, 2021 | $0.22 | 1.97% |
| Dec 17, 2020 | $0.22 | 2.61% |
| Sep 15, 2020 | $0.22 | 3.77% |
| Jun 15, 2020 | $0.22 | 3.65% |
| Mar 16, 2020 | $0.22 | 4.14% |
| Dec 17, 2019 | $0.22 | 2.38% |
| Sep 13, 2019 | $0.22 | 2.38% |
| Jun 13, 2019 | $0.22 | 2.41% |
| Mar 20, 2019 | $0.21 | 2.32% |
| Dec 17, 2018 | $0.21 | 2.55% |
| Sep 13, 2018 | $0.2 | 1.78% |
| Jun 14, 2018 | $0.2 | 1.61% |
| Mar 15, 2018 | $0.19 | 1.66% |
| Dec 14, 2017 | $0.19 | 1.83% |
| Sep 14, 2017 | $0.18 | 1.82% |
| Jun 14, 2017 | $0.18 | 1.63% |
| Mar 15, 2017 | $0.18 | 1.76% |
| Dec 12, 2016 | $0.18 | 1.65% |
| Sep 12, 2016 | $0.18 | 2.01% |
| Jun 13, 2016 | $0.18 | 2.06% |
| Mar 14, 2016 | $0.17 | 2.07% |
| Dec 15, 2015 | $0.17 | 1.91% |
| Sep 15, 2015 | $0.17 | 2.08% |
| Jun 15, 2015 | $0.17 | 2.19% |
| Mar 16, 2015 | $0.17 | 2.33% |
Renasant dividend payout ratio
Payout ratio
RNST has a payout ratio of 33.3% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 43.2%, Renasant's payout ratio is 23% lower.
Total amount of dividends paid per financial year (from cash flow)
RNST dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RF Regions Financial Corp | 4.02% | $0.97 | 54.8% |
| FHN First Horizon Corp | 3.38% | $0.6 | 49.2% |
| FBMS First Bancshares Inc | 2.88% | $0.99 | 40.9% |
| FCBC First Community Bankshares Inc | 2.68% | $1.18 | 42% |
| TRMK Trustmark Corp | 2.59% | $0.92 | 30.3% |
| RNST Renasant Corp | 2.53% | $0.88 | 33.3% |
| CFR Cullen/Frost Bankers Inc | 2.12% | $2.79 | 34% |
| PNFP Pinnacle Financial Partners Inc | 0.83% | $0.88 | 17.2% |
Frequently asked questions
Does Renasant pay a dividend?
Yes, Renasant has paid four dividends in the last 12 months. RNST has been paying dividends since 1994.
When was RNST's last dividend?
Renasant's last regular dividend was on Sep 16, 2024 (ex-date) with the amount of $0.22 per share.
How much dividend does Renasant pay (per share)?
On an annual basis RNST pays $0.88 per share.
What is Renasant's dividend yield?
Renasant's current dividend yield is 2.55%.
How often does Renasant pay dividends?
Renasant pays dividends quarterly.
What is Renasant's dividend payout ratio?
Renasant's dividend payout ratio is 33.3%.
Does Renasant pay a good dividend?
Renasant's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.