Sierra Bancorp Increases Quarterly Cash Dividend From $0.23 To $0.24 Per Share
Portfolio Pulse from Benzinga Newsdesk
Sierra Bancorp (NASDAQ:BSRR) announced an increase in its quarterly cash dividend from $0.23 to $0.24 per share, marking a 4% rise. The dividend will be paid on August 15, 2024, to shareholders of record as of July 31, 2024.
July 19, 2024 | 12:04 pm
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Sierra Bancorp has increased its quarterly cash dividend from $0.23 to $0.24 per share, a 4% rise. This decision follows a review of the company's financial performance and capital for the quarter ended June 30, 2024.
The increase in the quarterly cash dividend indicates strong financial health and a commitment to returning value to shareholders. This is likely to positively impact investor sentiment and the stock price in the short term.
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