Investar Holding announces quarterly cash dividend on September 18, 2024

On September 18, 2024, Investar Holding Corporation announced a quarterly cash dividend of $0.105 per share for its common stockholders. This dividend is set to be paid on October 31, 2024, to shareholders who are on record as of September 30, 2024. The declared dividend marks a 5% increase from the previous quarter, reflecting the company's commitment to returning value to its shareholders. This announcement also signifies the 44th consecutive quarterly dividend paid by Investar Holding Corporation, following a consistent track record of 11 uninterrupted quarterly cash dividends from Investar Bank. Investar Bank, a subsidiary of Investar Holding Corporation, operates 28 branches across Louisiana, Texas, and Alabama. As of June 30, 2024, the bank reported total assets amounting to $2.8 billion and employed 335 full-time equivalent staff. The increase in the dividend per share indicates a positive outlook for the company, suggesting that it is in a stable financial position to reward its investors. The press release also includes forward-looking statements, which are based on current expectations and assumptions about the business. These statements are subject to various risks and uncertainties that could lead to actual results differing from those anticipated. Investors are advised to consider these factors when evaluating the company's future performance. Investar Holding Corporation continues to prioritize shareholder returns while navigating the complexities of the financial landscape. The company's ongoing commitment to dividend payments underscores its operational stability and growth potential in the banking sector.