Northrim BanCorp Inc (NRIM) to Issue Quarterly Dividend of $0.22

Northrim BanCorp Inc (NASDAQ:NRIM) declared a quarterly dividend on Monday, November 20th, Wall Street Journal reports. Shareholders of record on Thursday, December 7th will be given a dividend of 0.22 per share by the financial services provider on Friday, December 15th. This represents a $0.88 annualized dividend and a yield of 2.54%. The ex-dividend date of this dividend is Wednesday, December 6th.

Northrim BanCorp (NASDAQ:NRIM) opened at $34.65 on Tuesday. Northrim BanCorp has a 1 year low of $26.31 and a 1 year high of $36.70. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 0.09. The company has a market cap of $234.73, a PE ratio of 14.51 and a beta of 0.70.

Several research firms have commented on NRIM. ValuEngine upgraded shares of Northrim BanCorp from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 26th. Zacks Investment Research cut shares of Northrim BanCorp from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th.

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Northrim BanCorp Company Profile

Northrim BanCorp, Inc is a bank holding company. The Company operates in two segments: Community Banking and Home Mortgage Lending. The Community Banking segment’s principal business focus is the offering of loan and deposit products to business and consumer customers in its primary market areas. The Community Banking segment operates approximately 10 branches throughout Alaska.

Dividend History for Northrim BanCorp (NASDAQ:NRIM)

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