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Stock impact report

Northrim BanCorp, Inc. Increases Quarterly Cash Dividend to $0.38 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, Aug. 27, 2021 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend to $0.38 per share. The dividend will be payable on September 17, 2021, to shareholders of record at the close of business on September 9, 2021. “The increased cash dividend highlights Northrim’s continued growth and solid capital position,” said Joe Schierhorn, President and CEO. At the stock price of $41.17 per share at the close of the market on August 25, 2021, the current dividend equates to a yield of 3.69% on an annualized basis. On July 26, 2021, Northrim reported earnings of $8.35 million, or $1.33 per diluted share, in the second quarter of 2021, compared to $12.18 million, or $1.94 per diluted share, in the first quarter of 2021, and $9.90 million, or $1.52 per diluted share, in the second quarter a year ago. Fee and interest income from the Small Business Administration's Paycheck Protection Show less Read more
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