White River Bancshares Declares Annual Dividend of $0.50
White River Bancshares Announces Annual Cash Dividend
In a recent announcement, White River Bancshares Company (OTCQX: WRIV) declared a cash dividend of $0.50 per diluted share. This announcement came from the company’s headquarters, indicating a strong commitment to its shareholders. The dividend is set to be payable shortly, marking a rewarding year for the institution and its investors.
Key Details of the Dividend Announcement
The Board of Directors has confirmed that this annual dividend will be distributed on August 29 to all shareholders who are on record by July 18. Such a decision reflects White River Bancshares' solid financial performance and dedication to providing value to their investors.
Leadership Insights on Company Growth
Gary Head, the Chief Executive Officer, expressed gratitude to shareholders for their ongoing trust and investment in the community bank. He highlighted that the company's substantial performance over the year allows them to deliver shareholder returns through both dividends and earnings growth.
White River Bancshares Company at a Glance
White River Bancshares Company stands as the singular bank holding company for Signature Bank of Arkansas. This well-regarded bank operates multiple branches, offering comprehensive financial services tailored to small businesses, families, and local farms. Since its inception in 2005, Signature Bank has made significant strides in the community banking sector.
Understanding the Company’s Strategic Position
The bank is keen on fostering relationships with its clients by providing tailored banking solutions. The local bank structure allows them to engage deeply with the communities they serve, hence enhancing customer relationships and satisfaction. This community-driven ethos continues to drive the bank’s operations and strategic decisions.
Future Growth and Market Position
Looking to the future, White River Bancshares aims to build on its current success by exploring new opportunities for growth, particularly within the realms of technology and financial services. By anticipating the needs of their clients and adapting to market changes, the bank is well-positioned to navigate the challenges of the financial landscape.
Contact Information
For more information about White River Bancshares and its services, interested parties can reach out to Scott Sandlin, the Chief Strategy Officer, at 479-684-3754.
Frequently Asked Questions
1. What is the amount of the dividend declared by White River Bancshares?
The Board of Directors has declared a cash dividend of $0.50 per diluted share.
2. When will the dividend be paid?
The dividend is set to be payable on August 29 to shareholders on record as of July 18.
3. Who is the CEO of White River Bancshares?
Gary Head serves as the Chief Executive Officer of White River Bancshares Company.
4. How can I contact White River Bancshares for more information?
You can contact Scott Sandlin, Chief Strategy Officer, at 479-684-3754 for further inquiries.
5. What services does Signature Bank of Arkansas offer?
Signature Bank provides a full range of financial services to small businesses, families, and farms, focusing on personalized customer service.
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