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Red River Bancshares, Inc. Announces Increased Quarterly Cash Dividend

1. RRBI declared a cash dividend increase of 33% to $0.12 per share. 2. Dividend payable on March 20, 2025, to eligible shareholders. 3. CEO highlighted focus on returning capital to shareholders. 4. RRBI maintains strong capital ratios amid dividend increase. 5. The bank operates 28 centers across various Louisiana markets.

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FAQ

Why Bullish?

Dividend hikes often lead to positive sentiment and increased share prices, especially in profitable companies. Historical examples include banks like BB&T, which saw stock appreciation following similar announcements.

How important is it?

A 33% dividend increase signifies financial health and commitment to shareholders, likely driving higher investor interest. This action aligns with RRBI's strategic goals, making it crucial for potential stock price movement.

Why Short Term?

Immediate effects from dividend announcements typically manifest within weeks, influencing trading behavior prior to payout dates. Given that RRBI's dividend will be paid soon, we expect a quick positive price reaction.

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February 27, 2025 16:45 ET  | Source: Red River Bancshares, Inc. ALEXANDRIA, La., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on February 27, 2025, its board of directors declared a cash dividend of $0.12 per share of common stock, representing a 3 cent, or 33%, increase from the quarterly cash dividend of $0.09 per share declared on October 24, 2024. The cash dividend is payable on March 20, 2025, to shareholders of record as of the close of business on March 10, 2025. Blake Chatelain, President and Chief Executive Officer of the Company, stated, “We are pleased to increase our dividend this quarter. The Board’s decision to increase our dividend demonstrates our continued focus on returning capital to shareholders, while maintaining our commitment to strong capital ratios.” About Red River Bancshares, Inc. The Company is the bank holding company for Red River Bank, a Louisiana state-chartered bank established in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of our commercial and retail customers. Red River Bank operates from a network of 28 banking centers throughout Louisiana and one combined loan and deposit production office in New Orleans, Louisiana. Banking centers are located in the following Louisiana markets: Central, which includes the Alexandria metropolitan statistical area (“MSA”); Northwest, which includes the Shreveport-Bossier City MSA; Capital, which includes the Baton Rouge MSA; Southwest, which includes the Lake Charles MSA; the Northshore, which includes Covington; Acadiana, which includes the Lafayette MSA; and New Orleans. Contact:Julia E. CallisSenior Vice President, General Counsel & Corporate Secretary318-561-4042julia.callis@redriverbank.net 

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