Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. It operates through three segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate1-4 family mortgage; real estatecommercial mortgage; real estateconstruction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and treasury management services. The Insurance segment provides insurance agency services, such as commercial and personal insurance products through insurance carriers. The Wealth Management segment offers a range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts; annuities, mutual funds, and other investment services through a third party broker-dealer; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates. As of December 31, 2021, the company operated a network of 189 banking, lending, and mortgage offices located in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee; 150 full-service branches and 11 limited-service branches; 173 ATMs; and 38 interactive teller machines. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.
Renasant Dividend Announcement
• Renasant announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
• Renasant annual dividend for 2024 was $0.66
• Renasant annual dividend for 2023 was $0.88
• Renasant's trailing twelve-month (TTM) dividend yield is 2.77%
• Renasant's payout ratio for the trailing twelve months (TTM) is 34.03%
• Renasant's dividend growth over the last five years (2018-2023) was 1.92% year
• Renasant's dividend growth over the last ten years (2013-2023) was 2.61% year
Renasant Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-16 | $0.22 | quarterly | 2024-09-30 |
| 2024-06-14 | $0.22 | quarterly | 2024-06-28 |
| 2024-03-14 | $0.22 | quarterly | 2024-03-29 |
| 2023-12-15 | $0.22 | quarterly | 2024-01-01 |
| 2023-09-14 | $0.22 | quarterly | 2023-09-29 |
| 2023-06-15 | $0.22 | quarterly | 2023-06-30 |
| 2023-03-16 | $0.22 | quarterly | 2023-03-31 |
| 2022-12-15 | $0.22 | quarterly | 2023-01-01 |
| 2022-09-15 | $0.22 | quarterly | 2022-09-30 |
| 2022-06-15 | $0.22 | quarterly | 2022-06-30 |
| 2022-03-16 | $0.22 | quarterly | 2022-03-31 |
| 2021-12-16 | $0.22 | quarterly | 2022-01-01 |
| 2021-09-15 | $0.22 | quarterly | 2021-09-30 |
| 2021-06-15 | $0.22 | quarterly | 2021-06-30 |
| 2021-03-16 | $0.22 | quarterly | 2021-03-31 |
| 2020-12-17 | $0.22 | quarterly | 2021-01-01 |
| 2020-09-15 | $0.22 | quarterly | 2020-09-30 |
| 2020-06-15 | $0.22 | quarterly | 2020-06-30 |
| 2020-03-16 | $0.22 | quarterly | 2020-03-31 |
| 2019-12-17 | $0.22 | quarterly | 2020-01-01 |
| 2019-09-13 | $0.22 | quarterly | 2019-09-30 |
| 2019-06-13 | $0.22 | quarterly | 2019-06-28 |
| 2019-03-20 | $0.21 | quarterly | 2019-03-29 |
| 2018-12-17 | $0.21 | quarterly | 2019-01-01 |
| 2018-09-13 | $0.20 | quarterly | 2018-09-28 |
| 2018-06-14 | $0.20 | quarterly | 2018-06-30 |
| 2018-03-15 | $0.19 | quarterly | 2018-03-30 |
| 2017-12-14 | $0.19 | quarterly | 2018-01-02 |
| 2017-09-14 | $0.18 | quarterly | 2017-09-29 |
| 2017-06-14 | $0.18 | quarterly | 2017-06-30 |
| 2017-03-15 | $0.18 | quarterly | 2017-03-31 |
| 2016-12-12 | $0.18 | quarterly | 2017-01-01 |
| 2016-09-12 | $0.18 | quarterly | 2016-09-30 |
| 2016-06-13 | $0.18 | quarterly | 2016-06-30 |
| 2016-03-14 | $0.17 | quarterly | 2016-03-31 |
| 2015-12-15 | $0.17 | quarterly | 2015-12-31 |
| 2015-09-15 | $0.17 | quarterly | 2015-10-01 |
| 2015-06-15 | $0.17 | quarterly | 2015-07-01 |
| 2015-03-16 | $0.17 | quarterly | 2015-04-01 |
| 2014-12-15 | $0.17 | quarterly | 2014-12-31 |
| 2014-09-15 | $0.17 | quarterly | 2014-10-01 |
| 2014-06-13 | $0.17 | quarterly | 2014-07-01 |
| 2014-03-14 | $0.17 | quarterly | 2014-04-01 |
| 2013-12-13 | $0.17 | quarterly | 2014-01-01 |
| 2013-09-13 | $0.17 | quarterly | 2013-10-01 |
| 2013-06-12 | $0.17 | quarterly | 2013-07-01 |
| 2013-03-14 | $0.17 | quarterly | 2013-04-01 |
Renasant Dividend per year
Renasant Dividend growth
Renasant Dividend Yield
Renasant current trailing twelve-month (TTM) dividend yield is 2.77%. Interested in purchasing Renasant stock? Use our calculator to estimate your expected dividend yield:
Renasant Financial Ratios
P/E ratio12.07
PEG ratio7.80
P/B ratio0.76
ROE6.44%
Payout ratio34.03%
Current ratio0.24
Quick ratio0.04
Cash Ratio0.23
Renasant Dividend FAQ
How much is the next Renasant dividend?
Renasant's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Renasant dividend. The next Renasant dividend will be released in March, June, September, or December.
When is Renasant dividend paid?
Renasant 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 Renasant pay?
The specific amount of Renasant 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 Renasant's dividend history.
Does Renasant stock pay dividends?
Yes, Renasant 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 Renasant's dividend history.
How much dividend does Renasant pay?
Renasant paid $0.66 in 2024, $0.88 in 2023, $0.88 in 2022, $0.88 in 2021, and $0.88 in 2020.
How often does Renasant pay dividends?
Renasant 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 Renasant's dividend yield?
The current dividend yield for Renasant is 2.77%. 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 Renasant's exact dividend yield.
When does Renasant go ex dividend?
Renasant's ex-dividend date for the latest dividend was on 2024-09-16. Renasant 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 Renasant dividend paid?
Renasant pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Renasant 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 Renasant 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 Renasant dividend per share?
Renasant paid $0.66 per share in 2024 and $0.88 per share in 2023. The amount of dividend per share that Renasant 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 Renasant 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 Renasant 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 Renasant a dividend stock?
Yes, Renasant is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Renasant a good dividend stock?
Whether Renasant is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Renasant has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Renasant 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 Renasant 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 Renasant pay dividends monthly?
Renasant typically pays dividends on a quarterly basis.
Does Renasant pay dividends quarterly?
Renasant currently pays dividends on a quarterly basis.
Has Renasant ever paid a dividend?
Yes, Renasant has a history of paying dividends to its shareholders. Renasant is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Renasant dividend stocks?
To buy Renasant 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 Renasant 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 Renasant 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 Renasant pay dividends 2024?
Renasant pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-30. 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 Renasant increase its dividend in 2024?
Decisions regarding Renasant 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 Renasant dividend overview you can look into the above table of dividend history.
How Renasant dividend works?
The Renasant 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 Renasant's dividend process works:
1. Determination of Dividend: Renasant'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, Renasant 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, Renasant 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 Renasant 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: Renasant'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, Renasant 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, Renasant 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 Renasant 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 Renasant dividends paid?
Renasant dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Renasant 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, Renasant distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Renasant 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: Renasant 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, Renasant distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Renasant 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 Renasant pay dividends?
Renasant 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 Renasant pay dividends?
The general pattern is that Renasant 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 Renasant dividend safe?
The safety of Renasant'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 Renasant'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 Renasant'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 Renasant'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 Renasant'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.