Raymond James initiates QXO stock with Outperform rating on acquisition strategy
PINE BLUFF, Ark. - Simmons First National Corporation (NASDAQ:SFNC), a $3 billion market cap regional bank, announced Tuesday that its board of directors has declared a quarterly cash dividend of $0.2125 per share on its Class A common stock, representing a 1 percent increase from the same period last year. The current dividend yield stands at 4.09%.
The dividend will be payable on October 1, 2025, to shareholders of record as of September 15, 2025, according to a company press release.
With this announcement, Simmons marks its 116th consecutive year of paying cash dividends, a milestone achieved by only 25 U.S. publicly traded companies, based on research cited by the company. The financial holding company has now increased its dividend for 14 consecutive years.
The indicated annualized cash dividend rate of $0.85 for 2025 represents a ten-year compound annual growth rate of 6 percent.
Simmons Bank, the company’s principal subsidiary, operates more than 220 branches across six states including Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. Founded in 1903, the bank provides financial solutions throughout the Mid-South region.
The company noted that the timing, payment, and amount of future dividends may differ from past dividends and are subject to board approval in future quarters.
In other recent news, Simmons First National Corporation reported its financial results for the second quarter of 2025, achieving an earnings per share of $0.44, which exceeded analysts’ expectations of $0.39. However, the company’s revenue was slightly below forecasts, with actual revenue at $214.2 million compared to the expected $217.01 million. Additionally, Simmons First National has priced a public offering of 16.22 million shares of its Class A common stock at $18.50 per share, raising approximately $300.07 million. The offering includes a 30-day option for underwriters to purchase an additional 2.43 million shares. DA Davidson raised its price target for Simmons First National to $21 from $19, maintaining a Neutral rating, citing stronger-than-expected revenue and lower expenses in the second quarter. Moody’s Ratings confirmed Simmons First National’s Baa2 long-term local currency issuer rating and changed the outlook to stable. These developments reflect significant financial activities and assessments for the company.
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