logo
Sierra Bancorp Declares Quarterly Cash Dividend

Sierra Bancorp Declares Quarterly Cash Dividend

Business Wire25-04-2025
PORTERVILLE, Calif.--(BUSINESS WIRE)--Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per share. The dividend was approved subsequent to the Board's review of the Company's financial performance and capital for the quarter ended March 31, 2025, and will be paid on May 15, 2025, to shareholders of record as of May 5, 2025. Counting dividends paid by Bank of the Sierra prior to the formation of Sierra Bancorp, the Company has paid regular cash dividends to shareholders every year since 1987, comprised of annual dividends through 1998 and quarterly dividends thereafter. The dividend noted in today's announcement marks the Company's 105 th consecutive quarterly cash dividend.
Sierra Bancorp is the holding Company for Bank of the Sierra (www.bankofthesierra.com), which is in its 48 th year of operations and is one of the largest independent banks headquartered in the South San Joaquin Valley. Bank of the Sierra is a community-centric regional bank, which offers a broad range of retail and commercial banking services through full-service branches located within the counties of Tulare, Kern, Kings, Fresno, Ventura, San Luis Obispo, and Santa Barbara. The Bank also maintains an online branch and provides specialized lending services through an agricultural credit center in Templeton, California. In 2025, Bank of the Sierra was recognized as one of the strongest and top-performing community banks in the country, with a 5-star rating from Bauer Financial.
Forward-Looking Statements
The statements contained in this release that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects on the Company. Readers are cautioned not to unduly rely on forward looking statements. Actual results may differ from those projected. These forward-looking statements involve risks and uncertainties including but not limited to the health of the national and local economies including the impact to the Company and its customers resulting from changes to, and the level of, inflation and interest rates; changes in laws, rules, regulations, or interpretations to which the Company is subject; the Company's ability to maintain and grow its deposit base; loan demand and continued portfolio performance, the Company's ability to attract and retain skilled employees, customers' service expectations; cyber security risks: the Company's ability to successfully deploy new technology, the success of acquisitions and branch expansion; operational risks including the ability to detect and prevent errors and fraud; the effectiveness of the Company's enterprise risk management framework; the impact of adverse developments at other banks, including bank failures, that impact general sentiment regarding the stability and liquidity of banks that could affect stock price; changes to valuations of the Company's assets and liabilities including the allowance for credit losses, earning assets, and intangible assets; changes to the availability of liquidity sources including borrowing lines and the ability to pledge or sell certain assets; costs related to litigation; the effects of severe weather events, pandemics, other public health crises, acts of war or terrorism, and other external events on our business; and other factors detailed in the Company's SEC filings, including the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's most recent Form 10‑K and Form 10‑Q.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

GDEV Sends Cash Back to Investors with Special Payout
GDEV Sends Cash Back to Investors with Special Payout

Yahoo

time10 minutes ago

  • Yahoo

GDEV Sends Cash Back to Investors with Special Payout

GDEV Inc. (NASDAQ:GDEV) is included among the 14 Stocks that Paid Special Dividends in 2025. A gaming enthusiast in front of a widescreen monitor, lost in the game. GDEV Inc. (NASDAQ:GDEV) is a gaming and entertainment holding company dedicated to expanding and developing its portfolio of game franchises across multiple genres and platforms. Through its subsidiaries— such as Nexters and Cubic Games— it aims to produce games that captivate and entertain millions of players over the long term. Its popular titles, including Hero Wars, Island Hoppers, and Pixel Gun 3D, have collectively surpassed 550 million downloads and generated $2.5 billion in global bookings. On February 21, GDEV Inc. (NASDAQ:GDEV) announced that its Board of Directors had approved a one-time special cash dividend of $3.31 per share. This payout represents roughly a 20% yield, based on the volume-weighted average share price over the previous 30 trading days. The special dividend, amounting to around $60 million in total, will be funded using profits the company has accumulated in recent years. It represents part of GDEV's total cash holdings, which stood at approximately $153 million as of the third quarter of 2024. While we acknowledge the potential of GDEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Does IGIC Pay a Special Dividend?
Does IGIC Pay a Special Dividend?

Yahoo

time10 minutes ago

  • Yahoo

Does IGIC Pay a Special Dividend?

International General Insurance Holdings Ltd. (NASDAQ:IGIC) is included among the 14 Stocks that Paid Special Dividends in 2025. An engineer wearing protective equipment, inspecting a large construction project. International General Insurance Holdings Ltd. (NASDAQ:IGIC) is a specialty insurance provider that offers coverage for both long-tail and short-tail risks, along with reinsurance services. By focusing on niche and complex markets with limited competition, IGI is able to maintain a strong position in underwriting. The company follows a careful and disciplined risk selection strategy, which has consistently led to performance that exceeds industry standards. Its combined ratio has remained well under 100%, supporting sustained profitability over the long term. In March, International General Insurance Holdings Ltd. (NASDAQ:IGIC) declared a special dividend of $0.025 per share, in addition to the company's regular dividend. On May 15, the company declared a 100% hike in its quarterly dividend to $0.05 per share. It remained committed to its shareholder obligation, returning $43.5 million to investors through regular and supplemental dividends in the first quarter of 2025. International General Insurance Holdings Ltd. (NASDAQ:IGIC) has a dividend yield of 0.83%, as recorded on July 23. While we acknowledge the potential of IGIC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.

Viomi Technology (VIOT) Issues Special Dividend: What Investors Need to Know
Viomi Technology (VIOT) Issues Special Dividend: What Investors Need to Know

Yahoo

time20 minutes ago

  • Yahoo

Viomi Technology (VIOT) Issues Special Dividend: What Investors Need to Know

Viomi Technology Co., Ltd (NASDAQ:VIOT) is included among the 14 Stocks that Paid Special Dividends in 2025. A customer in an offline experience store testing out a new small appliance. Viomi Technology Co., Ltd (NASDAQ:VIOT) , a prominent provider of home water solutions in China, revealed on July 14 that its board of directors has approved a special dividend of $0.0293 per ordinary share, or $0.0880 per American depositary share (ADS). The total value of this special dividend is expected to be around $6 million. Mr. Xiaoping Chen, Founder and CEO of Viomi Technology Co., Ltd (NASDAQ:VIOT), shared that after successfully completing a strategic business restructuring in 2024, the company had intensified its focus on home water solutions and moved forward with its 'Global Water' strategy. He noted that the launch of the Kunlun 4 Pro Alkaline Mineral Water Purifier marked a significant step, introducing mildly alkaline mineral water to customers and aiming to shift household standards from purified water to purified mineral water. Alongside this, Viomi Technology Co., Ltd (NASDAQ:VIOT) had been improving operational efficiency within China while expanding internationally, which contributed to notable progress. He also mentioned that with consistent business growth, the company had managed to turn its operations around, marking an important achievement in its journey. While we acknowledge the potential of VIOT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store