Renasant Corporation's Dividend Announcement and Business Overview
Renasant Corporation's Dividend Announcement
Renasant Corporation (NYSE: RNST) is proud to announce its board of directors has approved the distribution of a quarterly cash dividend amounting to twenty-two cents ($0.22) per share. This dividend will be allocated to shareholders of record on a specific date, marking a continuation of Renasant's dedication to shareholder value and financial stability.
Understanding Renasant's Financial Operations
Renasant Corporation serves as the parent organization of Renasant Bank, a well-established financial services entity with a history stretching over a century. This rich heritage is complemented by a robust asset portfolio approximating $18.0 billion. Renasant operates not only branches but also offers extensive banking, lending, mortgage, and wealth management services across the Southeast region.
Renasant's National Reach in Financial Services
While its main operations are in the Southeast, Renasant Corporation broadens its service scope by offering factoring and asset-based lending on a national level. This allows the bank to cater to a diverse client base, enhancing financial accessibility for various business needs.
Commitment to Shareholders
Renasant’s commitment to returning value to its shareholders is evident in its consistent dividend payments. Maintaining a stable dividend is a testament to Renasant's strong financial health, reassuring stakeholders about the bank's long-term sustainability and profit generation capabilities.
Future Outlook for Renasant Corporation
As Renasant Corporation navigates the evolving financial landscape, its strategic focus remains on growth and maintaining high service standards. The bank is well-positioned to take advantage of emerging opportunities within the financial sector, ensuring it continues to meet the needs of its diverse clientele.
Business Contact Information
For more detailed inquiries, Renasant Corporation encourages stakeholders to reach out to their dedicated contacts:
For Media Inquiries:
John S. Oxford
Senior Vice President
Chief Marketing Officer
(662) 680-1219
Email: joxford@renasant.com
For Financial Inquiries:
James C. Mabry IV
Executive Vice President
Chief Financial Officer
(662) 680-1281
Email: jim.mabry@renasant.com
Frequently Asked Questions
What is the amount of the quarterly dividend declared by Renasant Corporation?
The quarterly dividend declared is twenty-two cents ($0.22) per share.
When will the dividend be paid to shareholders?
The dividend payment is scheduled for March 31 to shareholders of record as of March 17.
What services does Renasant Corporation provide?
Renasant Corporation offers a range of financial services including banking, lending, mortgage, and wealth management.
What is the total asset value of Renasant Corporation?
Renasant Corporation has approximately $18.0 billion in assets.
How can I contact Renasant Corporation for media inquiries?
You can contact John S. Oxford, Senior Vice President, at (662) 680-1219 or via email at joxford@renasant.com.
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