Red River Bancshares Inc Dividends
The next dividend date for Red River Bancshares Inc has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Red River Bancshares Inc (RRBI)
More About Red River Bancshares Inc
Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in the United States. The company offers various deposit products, including checking, saving, money market accounts, and time deposits. It also provides commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit. In addition, the company offers treasury management, private banking, and brokerage; investment advisory, financial planning, and a suite of retirement plans; debit and credit cards, direct deposits, cashier's checks, and wire transfer services; online banking services, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and banking services in person, through ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposits. Red River Bancshares, Inc. was incorporated in 1998 and is headquartered in Alexandria, Louisiana.
Owning Red River Bancshares Inc Stock on the Dividend Date
If you own Red River Bancshares Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Red River Bancshares Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Red River Bancshares Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Red River Bancshares Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Red River Bancshares Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Red River Bancshares Inc Dividends
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