Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It also offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit. In addition, the company provides treasury management, private banking, and brokerage; investment advisory, financial planning, and a suite of retirement plans; debit and credit cards, direct deposits, cashier's checks, and wire transfer services; online banking services, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and banking services in person, through ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposits. It operates a network of 27 banking centers throughout Louisiana and two combined loan and deposit production offices in Lafayette and New Orleans, Louisiana. The company was incorporated in 1998 and is headquartered in Alexandria, Louisiana.
Red River Bancshares Dividend Announcement
• Red River Bancshares announced a quarterly dividend of $0.09 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-09-09
• Red River Bancshares annual dividend for 2024 was $0.27
• Red River Bancshares annual dividend for 2023 was $0.32
• Red River Bancshares's trailing twelve-month (TTM) dividend yield is 0.7%
• Red River Bancshares's payout ratio for the trailing twelve months (TTM) is 7.38%
Red River Bancshares Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-09 | $0.09 | quarterly | 2024-09-19 |
| 2024-06-10 | $0.09 | quarterly | 2024-06-20 |
| 2024-03-08 | $0.09 | quarterly | 2024-03-21 |
| 2023-12-01 | $0.08 | quarterly | 2023-12-14 |
| 2023-09-08 | $0.08 | quarterly | 2023-09-21 |
| 2023-06-09 | $0.08 | quarterly | 2023-06-22 |
| 2023-03-10 | $0.08 | quarterly | 2023-03-23 |
| 2022-12-02 | $0.07 | quarterly | 2022-12-15 |
| 2022-09-09 | $0.07 | quarterly | 2022-09-22 |
| 2022-06-10 | $0.07 | quarterly | 2022-06-23 |
| 2022-03-11 | $0.07 | quarterly | 2022-03-24 |
| 2021-12-03 | $0.07 | quarterly | 2021-12-16 |
| 2021-09-10 | $0.07 | quarterly | 2021-09-23 |
| 2021-06-11 | $0.07 | quarterly | 2021-06-24 |
| 2021-03-12 | $0.07 | quarterly | 2021-03-25 |
| 2020-12-04 | $0.06 | quarterly | 2020-12-17 |
| 2020-09-11 | $0.06 | quarterly | 2020-09-24 |
| 2020-06-12 | $0.06 | quarterly | 2020-06-25 |
| 2020-03-13 | $0.06 | quarterly | 2020-03-26 |
Red River Bancshares Dividend per year
Red River Bancshares Dividend growth
Red River Bancshares Dividend Yield
Red River Bancshares current trailing twelve-month (TTM) dividend yield is 0.7%. Interested in purchasing Red River Bancshares stock? Use our calculator to estimate your expected dividend yield:
Red River Bancshares Financial Ratios
P/E ratio10.65
PEG ratio0.67
P/B ratio1.13
ROE10.90%
Payout ratio7.38%
Current ratio0.12
Quick ratio0.51
Cash Ratio0.12
Red River Bancshares Dividend FAQ
How much is the next Red River Bancshares dividend?
Red River Bancshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Red River Bancshares dividend. The next Red River Bancshares dividend will be released in March, June, September, or December.
When is Red River Bancshares dividend paid?
Red River Bancshares pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Red River Bancshares pay?
The specific amount of Red River Bancshares dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Red River Bancshares's dividend history.
Does Red River Bancshares stock pay dividends?
Yes, Red River Bancshares does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Red River Bancshares's dividend history.
How much dividend does Red River Bancshares pay?
Red River Bancshares paid $0.27 in 2024, $0.32 in 2023, $0.28 in 2022, $0.28 in 2021, and $0.24 in 2020.
How often does Red River Bancshares pay dividends?
Red River Bancshares typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Red River Bancshares's dividend yield?
The current dividend yield for Red River Bancshares is 0.7%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Red River Bancshares's exact dividend yield.
When does Red River Bancshares go ex dividend?
Red River Bancshares's ex-dividend date for the latest dividend was on 2024-09-09. Red River Bancshares typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Red River Bancshares dividend paid?
Red River Bancshares pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Red River Bancshares increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Red River Bancshares will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Red River Bancshares dividend per share?
Red River Bancshares paid $0.27 per share in 2024 and $0.32 per share in 2023. The amount of dividend per share that Red River Bancshares pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Red River Bancshares a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Red River Bancshares a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Red River Bancshares a dividend stock?
Yes, Red River Bancshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Red River Bancshares a good dividend stock?
Whether Red River Bancshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Red River Bancshares has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Red River Bancshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Red River Bancshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Red River Bancshares pay dividends monthly?
Red River Bancshares typically pays dividends on a quarterly basis.
Does Red River Bancshares pay dividends quarterly?
Red River Bancshares currently pays dividends on a quarterly basis.
Has Red River Bancshares ever paid a dividend?
Yes, Red River Bancshares has a history of paying dividends to its shareholders. Red River Bancshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Red River Bancshares dividend stocks?
To buy Red River Bancshares you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Red River Bancshares stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Red River Bancshares stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Red River Bancshares pay dividends 2024?
Red River Bancshares pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Red River Bancshares increase its dividend in 2024?
Decisions regarding Red River Bancshares dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Red River Bancshares dividend overview you can look into the above table of dividend history.
How Red River Bancshares dividend works?
The Red River Bancshares dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Red River Bancshares's dividend process works:
1. Determination of Dividend: Red River Bancshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Red River Bancshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Red River Bancshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Red River Bancshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Red River Bancshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Red River Bancshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Red River Bancshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Red River Bancshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Red River Bancshares dividends paid?
Red River Bancshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Red River Bancshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Red River Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Red River Bancshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Red River Bancshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Red River Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Red River Bancshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Red River Bancshares pay dividends?
Red River Bancshares typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Red River Bancshares pay dividends?
The general pattern is that Red River Bancshares pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Red River Bancshares dividend safe?
The safety of Red River Bancshares's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Red River Bancshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Red River Bancshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Red River Bancshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Red River Bancshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.