Investar Holding Corporation (ISTR) will raise its quarterly dividend by 5.0 percent to $0.0525 per share in the second quarter of 2019.
The dividend is payable on April 30, 2019 to shareholders of record as of April 8, 2019. A new annual rate of 21 cents per share yields 0.9% at the current stock price of $23.
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.