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Stock impact report

Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.30 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, May 24, 2019 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.30 per share. The dividend will be payable on June 14, 2019, to shareholders of record at the close of business on June 6, 2019. “Paying a quarterly cash dividend is an important measure of building shareholder value,” said Joe Schierhorn, President and CEO.  At the stock price of $35.79 per share at the close of the market on May 14, 2019, the current dividend equates to a yield of 3.35% on an annualized basis. On April 29, 2019, Northrim reported earnings of $4.3 million, or $0.62 per diluted share, for the first quarter of 2019.  Return on average assets was 1.18% and return on average equity was 8.36% for the first quarter of 2019. About Northrim BanCorp Northrim BanCorp, Inc. is the parent company of Northrim Bank, an Alaska-based community bank with 16 branches in Anchorage, the Matanuska Val Show less Read more
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