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Northrim BanCorp hikes dividend by 3.2%

Northrim BanCorp (NRIM) announces second dividend hike for 2024

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Northrim BanCorp (NRIM) will raise its quarterly dividend to $0.62 per share. This is the second increase in 2024 by NRIM for a total dividend hike of 3.3%. This marks 15 consecutive years of increased dividends.

Northrim BanCorp hikes dividend by 22%

Northrim BanCorp hikes dividend by 7.9%

Northrim BanCorp hikes dividend by 2.7%

Northrim BanCorp hikes dividend by 5.7%

Northrim BanCorp hikes dividend by 2.9%

Northrim BanCorp (NRIM) will raise its regular quarterly cash dividend by another 2.9 percent to 35 cents per share. Earlier the community bank had announced a dividend hike to $0.34 per share, marking the 11th consecutive year of dividend increases by the company. The next dividend will be payable on September 18, 2020, to shareholders of record at the close of business on September 10, 2020. At the stock price of $26.01 per share at the close of the market on August 27, 2020, the current dividend equates to a yield of 5.38% on an annualized basis. “We believe providing a consistent quarterly cash dividend is an excellent means of providing value to our shareholders, especially during these uncertain times,” said Joe Schierhorn, President and CEO.  Northrim BanCorp, Inc. is the parent company of Northrim Bank, an Alaska-based community bank with 16 branches in Anchorage, the Matanuska Valley, Juneau, Fairbanks, Ketchikan, Sitka and Soldotna, serving 90% of Alaska’s populatio...

Northrim BanCorp hikes dividend by 3%

Northrim BanCorp (NRIM) will raise its regular quarterly cash dividend to $0.34 per share in 2020. This will mark the 11th consecutive year of dividend increases by the company. The next dividend will be payable on March 20, 2020, to shareholders of record at the close of business on March 12, 2020. At the stock price of $36.75 per share at the close of the market on February 27, 2020, the current dividend equates to a yield of 3.70% on an annualized basis. “We continue to generate profitable operations, which sustains our ability to steadily increase cash dividends for the eleventh consecutive year,” said Joe Schierhorn, President and CEO in the company's press release announcing this dividend hike.  Northrim BanCorp, Inc. is the parent company of Northrim Bank, an Alaska-based community bank with 16 branches in Anchorage, the Matanuska Valley, Juneau, Fairbanks, Ketchikan, Sitka and Soldotna, serving 90% of Alaska’s population; and an asset based lending division in Washing...

Northrim BanCorp hikes dividend by 10%

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