Investar Holding Corporation (ISTR) will raise its quarterly dividend by 14.3 percent to $0.04 per share. The company has now increased its dividend for 4 consecutive years. The new dividend yield is 0.6%.
The dividend is payable on July 31, 2018 to shareholders of record as of July 9, 2018. This represents a 14% increase in the dividend per share compared to the prior quarter and is the 19th quarterly dividend paid by Investar Holding Corporation, which follows an uninterrupted 11 quarterly cash dividends paid by Investar Bank.
Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, a Louisiana-chartered bank.
2022