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Stock impact report

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.27 per Share

Northrim BanCorp Inc (NRIM) 
Last northrim bancorp inc earnings: 1/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: northrim.com
Company Research Source: GlobeNewswire
ANCHORAGE, Alaska, Nov. 30, 2018 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.27 per share.  The dividend will be payable on December 21, 2018, to shareholders of record at the close of business on December 13, 2018. “We view regular quarterly cash dividends as an excellent means of building shareholder value and rewarding our loyal shareholders,” said Joe Schierhorn, President and CEO.  At the stock price of $36.55 per share at the close of the market on November 29, 2018, the current dividend equates to a yield of 2.95% on an annualized basis. On September 30, 2018, Northrim reported earnings of $5.3 million, or $0.75 per diluted share, for the third quarter of 2018 and $15.2 million, or $2.17 per diluted share, for the first nine months of 2018.  Strong contributions from the community banking franchise, with slightly decreased volumes in its mortgage banking division, cont Show less Read more
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