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RRBI Red River Bancshares dividend history, payout ratio & dates

Red River Bancshares's latest quarterly dividend of $0.09 per share was on Jun 10, 2024 (ex-date). At an annualized rate of $0.34 per share, the stock yields 0.61%.

Key dates

  • RRBI last dividend date: Jun 10, 2024
  • RRBI next dividend date: Not announced
RRBI dividend stats
DPS
$0.34
Dividend yield
0.61%
Payout ratio
7.2%
vs. Financial Services sector
Dividend yield
2.93%
Payout ratio
41.1%

Dividend yield

What is Red River Bancshares current dividend yield

Red River Bancshares's dividend yield of 0.61% is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.93%, Red River Bancshares's dividend yield is 79% lower.

Dividend history

What is RRBI dividend payout history and dates

Red River Bancshares has a history of paying dividends since 2020. Our records of RRBI show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 13% since twelve months ago. And with the price of the stock up by 8% from a year ago, the dividend yield has an increase of 4.5%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jun 10, 2024 Jun 20, 2024 May 23, 2024 $0.09 normal
Mar 8, 2024 Mar 21, 2024 Feb 22, 2024 $0.09 normal
Dec 1, 2023 Dec 14, 2023 Oct 26, 2023 $0.08 normal
Sep 8, 2023 Sep 21, 2023 Jul 27, 2023 $0.08 normal
Jun 9, 2023 Jun 22, 2023 May 25, 2023 $0.08 normal
Mar 10, 2023 Mar 23, 2023 Feb 23, 2023 $0.08 normal
Dec 2, 2022 Dec 15, 2022 Nov 17, 2022 $0.07 normal
Sep 9, 2022 Sep 22, 2022 Aug 25, 2022 $0.07 normal
Jun 10, 2022 Jun 23, 2022 May 26, 2022 $0.07 normal
Mar 11, 2022 Mar 24, 2022 Feb 24, 2022 $0.07 normal
Dec 3, 2021 Dec 16, 2021 Nov 18, 2021 $0.07 normal
Sep 10, 2021 Sep 23, 2021 Aug 26, 2021 $0.07 normal
Jun 11, 2021 Jun 24, 2021 May 27, 2021 $0.07 normal
Mar 12, 2021 Mar 25, 2021 Feb 25, 2021 $0.07 normal
Dec 4, 2020 Dec 17, 2020 Nov 19, 2020 $0.06 normal
Sep 11, 2020 Sep 24, 2020 Aug 27, 2020 $0.06 normal
Jun 12, 2020 Jun 25, 2020 May 28, 2020 $0.06 normal
Mar 13, 2020 Mar 26, 2020 Feb 27, 2020 $0.06 normal

Red River Bancshares dividend payout ratio

What is Red River Bancshares dividend payout ratio compared to the sector

Payout ratio

Red River Bancshares's payout ratio of 7.2% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 41.1%, Red River Bancshares's payout ratio is 82% lower.

Total amount of dividends paid per financial year (from cash flow)

RRBI dividend vs peer dividends

How does RRBI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
NKSH National Bankshares Inc 4.69% $1.51 66.8%
NRIM Northrim Bancorp Inc 3.45% $2.42 46.8%
NIC Nicolet Bankshares Inc. 1% $1.03 15.5%
RRBI Red River Bancshares Inc 0.61% $0.34 7.2%

Frequently asked questions

Does Red River Bancshares pay a dividend?

Yes, Red River Bancshares has been paying dividends for the last four years.

When is Red River Bancshares's next dividend?

At this point we don't have a record of RRBI's next dividend date, but based on the current dividend schedule we project that it will likely be in September 2024.

When was RRBI's last dividend?

Red River Bancshares's last dividend ex-date was on Jun 10, 2024. The dividend amount was $0.09 per share.

How much dividend does Red River Bancshares pay (per share)?

On an annual basis RRBI pays $0.34 per share.

What is Red River Bancshares's dividend yield?

Red River Bancshares's current dividend yield is 0.61%.

How often does Red River Bancshares pay dividends?

Red River Bancshares pays four dividends per year.

What is Red River Bancshares's dividend payout ratio?

The dividend payout ratio of Red River Bancshares is 7.2%.

Does Red River Bancshares pay a good dividend?

Red River Bancshares's dividend yield is lower than the Financial Services sector average.