Simmons First National Corp. board of directors recently declared that shareholders of record will receive a 16-cent quarterly cash dividend.
The dividend will be payable on April 5, 2019 to shareholders who are of record March 15, 2019.
This dividend is 6.7 percent, or 1-cent, higher than the dividend paid for the same period in 2018.
Simmons First National Corp (NASDAQ: SFNC) is trading at $25.05 per share as of 11:15 p.m. CST on Monday, January 28. The stock has recovered after dipping to a low of $24.86 today.
In January, Simmons’ stock reached a high of $26.48 on January 18. The stock subsequently began falling, reaching $24.65 on January 24 before increasing to its current estimation.
Simmons First National Corp. is a financial holding company, headquartered in Pine Bluff, Ark., with total assets of $16.5 billion as of December 31, 2018 conducting financial operations in Arkansas, Colorado, Kansas, Missouri, Oklahoma, Tennessee and Texas. The company, directly and through its subsidiaries, offers comprehensive financial solutions delivered with a client-centric approach.