Reliant Bancorp Inc (NASDAQ:RBNC) declared a quarterly dividend on Thursday, March 29th, NASDAQ reports. Stockholders of record on Tuesday, April 10th will be given a dividend of 0.08 per share by the bank on Friday, April 20th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend is Monday, April 9th. This is a boost from Reliant Bancorp’s previous quarterly dividend of $0.06.
NASDAQ:RBNC opened at $22.20 on Friday. The stock has a market capitalization of $254.75, a P/E ratio of 21.14 and a beta of 0.32. Reliant Bancorp has a 12 month low of $21.26 and a 12 month high of $27.49.
Reliant Bancorp (NASDAQ:RBNC) last posted its earnings results on Thursday, January 25th. The bank reported $0.26 EPS for the quarter. The company had revenue of $10.47 million for the quarter. Reliant Bancorp had a return on equity of 6.98% and a net margin of 15.69%.
In related news, CEO Devan D. Ard, Jr. sold 2,000 shares of the business’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $23.76, for a total value of $47,520.00. The transaction was disclosed in a filing with the SEC, which is available through this link. 12.51% of the stock is currently owned by insiders.
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Reliant Bancorp Company Profile
Reliant Bancorp, Inc, formerly Commerce Union Bancshares, Inc, serves as the bank holding company for Reliant Bank. The Company has two segments: Retail Banking and Residential Mortgage Banking. Retail Banking provides deposit and lending services to consumer and business customers within its primary geographic markets.
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