Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.60 per Share
26 5월 2023 - 10:00PM
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the
Board of Directors declared a regular quarterly cash dividend of
$0.60 per share. The dividend will be payable on June 16, 2023, to
shareholders of record at the close of business on June 8, 2023.
“We are pleased to announce a quarterly dividend
of $0.60 per share, as we continue to be committed to providing
returns to our shareholders,” said Joe Schierhorn, President, and
CEO. At the stock price of $38.80 per share at the close of the
market on May 25, 2023, the current dividend equates to a yield of
6.19% on an annualized basis.
On April 27, 2023, Northrim reported net income
of $4.8 million, or $0.84 per diluted share, in the first quarter
of 2023, compared to $8.6 million, or $1.48 per diluted share, in
the fourth quarter of 2022, and $7.2 million, or $1.20 per diluted
share, in the first quarter a year ago.
About Northrim BanCorp
Northrim BanCorp, Inc. is the parent company of
Northrim Bank, an Alaska-based community bank with 19 branches in
Anchorage, the Matanuska Valley, Juneau, Fairbanks, Ketchikan,
Sitka, Soldotna, Kodiak and Nome, serving 90% of Alaska’s
population; and an asset based lending division in Washington; and
a wholly-owned mortgage brokerage company, Residential Mortgage
Holding Company, LLC. The Bank differentiates itself with its
detailed knowledge of Alaska’s economy and its “Customer First
Service” philosophy. Pacific Wealth Advisors, LLC is an affiliated
company of Northrim BanCorp.
www.northrim.com
Contact: |
Joe Schierhorn, President, CEO, and COO(907) 261-3308Jed Ballard,
Chief Financial Officer(907) 261-3539 |
Northrim BanCorp (NASDAQ:NRIM)
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Northrim BanCorp (NASDAQ:NRIM)
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