Renasant Corporation (NASDAQ:RNST) will begin trading ex-dividend on September 15, 2020. The quarterly dividend payment of $ 0.22 per share is scheduled to be paid on September 30, 2020. The dividend yield based on the latest trading day closing price was 3.64 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of Renasant Corporation
Renasant Corporation recently reported second quarter financial results on July 27, 2020, after market close, the Tupelo based company unveiled income for the second quarter of $ 0.52 per share, from the revenue of $ 169.95 million. The quarterly earnings down 35.00 percent compared with the same quarter last year. Street analysts expected Renasant Corporation recently reported second quarter financial results on July 27, 2020, after market close, the Tupelo based company to report income of $ 0.30 per share on revenue of $ 153.21 million for the second quarter. The bottom line results beat street analysts by $ 0.22 or 73.33 percent, at the same time, top line results outshined analysts by $ 16.74 million or 10.93 percent.
Stock Performance
Shares of Renasant Corporation traded low $ -0.45 or -1.83 percent on Thursday, reaching $ 24.17 with volume of 260.60 thousand shares. Renasant Corporation has traded high as $ 24.80 and has cracked $ 24.03 on the downward trend
According to the previous trading day, closing price of $ 24.17, representing a 35.13 % increase from the 52 week low of $ 18.22 and a 33.17 % decrease over the 52 week high of $ 36.84.
The company has a market capital of $ 1.36 billion and is part of the Financial Services sector and Banks – Regional – US industry.
Renasant Corporation operates as a bank holding company for Renasant Bank, which 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, and equipment leasing services, as well as safe deposit and night depository facilities.
