StockWatch
·
Banks
DividendJun 18, 2026, 10:11 AM

SR Bancorp Increases Quarterly Dividend by 20% to $0.06 per Share

AI Summary

SR Bancorp, Inc. announced a 20% increase in its quarterly cash dividend, raising it to $0.06 per share from $0.05. The dividend is scheduled for payment on July 15, 2026, to stockholders of record as of June 30, 2026. President and CEO Christopher J. Pribula highlighted that this increase reflects the company's strong earnings and financial position, reinforcing its commitment to enhancing shareholder value.

Key Highlights

  • SR Bancorp increased its quarterly cash dividend by 20% to $0.06 per share.
  • The dividend will be paid on July 15, 2026.
  • The record date for the dividend is June 30, 2026.
  • As of March 31, 2026, total assets were $1.14 billion.
  • Net loans stood at $859.1 million as of March 31, 2026.
  • Deposits totaled $897.6 million as of March 31, 2026.
  • Total equity was $181.3 million as of March 31, 2026.