Origin Bancorp, Inc. Declares Significant Cash Dividend Update
Quarterly Dividend Declaration by Origin Bancorp, Inc.
Origin Bancorp, Inc. (NYSE: OBK) has announced an exciting update regarding its quarterly cash dividend. The company, which operates through its wholly owned subsidiary Origin Bank, declared a cash dividend of $0.15 per share. This announcement reinforces the company's commitment to creating value for its investors and reflects its strong financial standing.
Details of the Dividend Announcement
The board of directors approved the dividend on a recent meeting, marking another step in Origin Bancorp's journey to reward its long-term stockholders. While the dividend payment date is set for November 28, the record date for shareholders to be eligible for this payment is November 14. This timing ensures that all stockholders are fairly recognized for their investments.
About Origin Bancorp, Inc.
Origin Bancorp, Inc. stands as a solid player in the financial sector, having made a name for itself since its founding in 1912. Headquartered in Louisiana, the company operates more than 56 branches, providing a range of banking and financial services tailored to meet the needs of businesses and personal clients alike.
Deep Community Roots and Services
Origin's dedication to personalized relationship banking sets it apart. The culture within the company emphasizes building connections with clients to enrich their lives and empower the communities served. Regardless of the banking needs—whether concerning deposits, loans, or financial management—Origin Bank aims to provide comprehensive solutions.
Insurance Services Through Forth Insurance, LLC
In addition to its banking capabilities, Origin Bancorp offers an array of insurance products through its subsidiary, Forth Insurance, LLC. This inclusion extends its dedication to serve the varied needs of its clientele, ensuring they have access to comprehensive support for both their banking and insurance requirements.
Market Position and Future Outlook
As the financial landscape evolves, Origin Bancorp demonstrates resilience and adaptability. Its focus on expanding services and maintaining robust financial health positions it well in a competitive market. With its commitment to strategic growth, the future looks promising for Origin and its investors.
Contact Information for Queries
For any questions regarding the dividend or company services, investors can reach out to Chris Reigelman in Investor Relations at 318-497-3177. Media inquiries can be addressed to Ryan Kilpatrick at 318-232-7472. Both contact points are crucial for ensuring transparent communication between Origin Bancorp and its stakeholders.
Frequently Asked Questions
What amount is the declared dividend per share by Origin Bancorp?
The declared amount is $0.15 per share of common stock.
On what date will the dividend be paid?
The dividend is scheduled to be paid on November 28.
What is the record date for shareholders to receive the dividend?
The record date for shareholders is November 14.
Where is the headquarters of Origin Bancorp located?
The headquarters of Origin Bancorp is located in Louisiana.
What is the primary focus of Origin Bank's services?
Origin Bank focuses on personalized relationship banking for businesses and individuals, along with providing insurance services through Forth Insurance, LLC.
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