Northrim BanCorp, Inc. (NRIM) Rewards Shareholders with Fresh $0.64 Dividend Payout

From Yahoo Finance: 2025-05-23 22:20:00

Northrim BanCorp, Inc. (NRIM) announced a $0.64 quarterly dividend per share, consistent with previous payouts. The Alaska-based bank holding company offers various financial services like loans, mortgages, and online banking. CEO Mike Huston highlighted the company’s commitment to providing returns to shareholders through consistent dividend payouts. NRIM has a history of increasing dividends, with a current yield of 2.90% and an ex-dividend date of June 5. While NRIM shows promise as an investment, some believe deeply undervalued dividend stocks may offer higher returns in a shorter timeframe.

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