Servisfirst Bancshares (SFBS) will raise its quarterly dividend by 15.0 percent to $0.23 per share in 2021. Last year the bank holding company hiked its dividend by 14.3percent.

The next SFBS dividend is payable on January 7, 2022 to stockholders of record as of January 1, 2022. ServisFirst has increased its dividend annually since the company went public in 2014. The ex-dividend date is December 30, 2021. A new annual rate of 92 cents per share yields 1.1% at a stock price of $85.

ServisFirst is a bank holding company based in Birmingham, Alabama. Through its subsidiary, ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Birmingham, Huntsville, Mobile, Montgomery and Dothan, Alabama, Pensacola and Tampa Bay, Florida, Nashville, Tennessee, Atlanta, Georgia, and Charleston, South Carolina. ServisFirst has increased its dividend annually since the company went public in 2014.