ServisFirst Bancshares, Inc. Increases Quarterly Cash Dividend From $0.28 To $0.30 Per Share
Portfolio Pulse from Benzinga Newsdesk
ServisFirst Bancshares, Inc. (NYSE:SFBS) has announced an increase in its quarterly cash dividend from $0.28 to $0.30 per share, payable on January 8, 2024, to stockholders of record as of January 2, 2024. This marks a continued trend of annual dividend increases since the company's IPO in 2014.
December 19, 2023 | 4:17 pm
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ServisFirst Bancshares has raised its quarterly dividend to $0.30 per share, indicating a strong financial position and commitment to returning value to shareholders.
The increase in dividends is generally viewed positively by the market as it suggests the company is confident in its financial health and future earnings. This can lead to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100