DividendMay 29, 2026, 09:02 AM
Northrim BanCorp Declares $0.16 Quarterly Cash Dividend
AI Summary
Northrim BanCorp, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.16 per share. This dividend will be payable on June 18, 2026, to shareholders of record as of June 11, 2026, representing an annualized yield of 2.59% based on the recent stock price. The company also highlighted its strong first-quarter 2026 net income of $13.7 million, or $0.61 per diluted share, which increased from both the prior quarter and the same quarter last year.
Key Highlights
- Northrim BanCorp declared a regular quarterly cash dividend of $0.16 per share.
- The dividend is payable on June 18, 2026, to shareholders of record on June 11, 2026.
- The current dividend equates to an annualized yield of 2.59% based on the May 28, 2026 stock price of $24.74.
- First quarter 2026 net income was $13.7 million, or $0.61 per diluted share.
- Fourth quarter 2025 net income was $12.4 million, or $0.55 per diluted share.
- First quarter 2025 net income was $13.3 million, or $0.60 per diluted share.
Price Impact
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