First Interstate BancSystem, Inc. Declares Dividend, Payable on February 22, 2018
January 31, 2018 at 03:24 am IST
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On January 30, 2018, First Interstate BancSystem, Inc.’s board of directors declared a dividend of $0.28 per common share, payable on February 22, 2018, to owners of record as of February 12, 2018. The dividend equates to a 2.9% annual yield based on the $38.85 average closing pricing of the company's common stock during the fourth quarter of 2017, and reflects a 16.7% increase from dividends paid during fourth quarter 2017 of $0.24 per common share.
First Interstate BancSystem, Inc. is a financial and bank holding company focused on community banking. Through its bank subsidiary, First Interstate Bank, the Company delivers a range of banking products and services, including online and mobile banking to individuals, businesses, municipalities, and others throughout its market areas. It operates through Community Banking segment, which encompasses commercial and consumer banking services offered to individuals, businesses, municipalities and other entities. Community Banking segment encompasses commercial and consumer banking services provided through its Bank: primarily the acceptance of deposits, the extension of credit, mortgage loan origination and servicing, and wealth management, which includes trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations. It provides lending opportunities to clients that participate in a variety of industries.
FIRST INTERSTATE BANCSYSTEM, INC. 
