Sierra Bancorp Increases Quarterly Cash Dividend From $0.23 To $0.24 Per Share

Sierra Bancorp (NASDAQ:BSRR), parent of Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.24 per share. This represents an increase of $0.01 per share, or 4%, relative to the dividend paid last quarter. The dividend was approved subsequent to the Board's review of the Company's financial performance and capital for the quarter ended June 30, 2024, and will be paid on August 15, 2024, to shareholders of record as of July 31, 2024. 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 102nd consecutive quarterly cash dividend.