Origin Bancorp, Inc. Announces Declaration of Quarterly Cash Dividend, Payable on November 30, 2023
October 26, 2023 at 01:45 am IST
Share
Origin Bancorp, Inc. announced that on October 25, 2023, its board of directors declared a quarterly cash dividend of $0.15 per share of its common stock. The cash dividend will be paid on November 30, 2023, to stockholders of record as of the close of business on November 15, 2023.
Origin Bancorp, Inc. is a financial holding company. The Company provides a range of financial services and operates more than 60 locations in Dallas/Fort Worth, East Texas, Houston, North Louisiana and Mississippi. The Company is focused on delivering a range of relationship-driven financial services tailored to meet the needs of small and medium-sized businesses, municipalities and retail clients. It operates through one segment, which is community banking. The Company is primarily engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction and consumer loans. It originates loans secured by single and multi-family real estate, residential construction and commercial buildings. The Company's consumer loan portfolio is composed of secured and unsecured loans that it originates. Its commercial and industrial loans include working capital, inventory, equipment and capital expansion.