Northrim BanCorp (NRIM) Dividends & Splits

Northrim BanCorp Inc (NRIM) has a long history of providing dividend income to its shareholders. The company has consistently paid dividends to its investors, demonstrating its commitment to sharing profits with stockholders. Dividends are typically paid out on a quarterly basis, providing a steady stream of income to those who hold NRIM shares. The dividend yield for NRIM is currently above average, making it an attractive option for income-focused investors. This yield is calculated by dividing the annual dividend payment by the stock price. With a payout ratio of around 40%, Northrim BanCorp Inc retains a significant portion of its earnings for other purposes while still distributing a portion to its shareholders.

Investors who own Northrim BanCorp Inc (NRIM) shares are eligible to receive dividends when they are declared by the company's board of directors. The dividend ex-date is the date on which a stock begins trading without the dividend included in the share price. This date typically falls a few days before the dividend payment date. NRIM has not announced any upcoming splits, indicating that the company is focused on organic growth rather than altering the structure of its shares. The dividend growth rate for NRIM is stable, indicating that the company is able to consistently increase its dividend payment over time. This growth is a positive sign for investors looking for long-term income. The dividend amount per share is determined by the company's board of directors and can vary from quarter to quarter depending on the company's financial performance. The dividend payment date is the date on which the dividend is actually paid to shareholders. NRIM pays its dividends on a quarterly basis, providing investors with a regular income stream. Finally, the dividend payment frequency for Northrim BanCorp Inc is quarterly. This means that shareholders can expect to receive a dividend payment every three months.