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Why so many banks are getting dropped from the Russell 3000

Why so many banks are getting dropped from the Russell 3000
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

Blue Ridge Bankshares, Inc Announces First Quarter 2021 Earnings and Update to 2021 Paycheck Protection Program

Blue Ridge Bankshares, Inc Increases Dividend by 5 3% and Plans Stock Split

Share this article Share this article CHARLOTTESVILLE, Va., March 17, 2021 /PRNewswire/ Blue Ridge Bankshares, Inc. (the Company ) (NYSE American: BRBS) announced today that its Board of Directors has approved and declared a quarterly dividend of $0.15 per share, an increase of $.0075, or 5.3% from the most recent quarterly dividend.  The cash dividend will be paid to shareholders of record as of April 20, 2021 and made payable on April 30, 2021.  Additionally, the Company announced that its Board of Directors has approved and declared a 3-for-2 stock split, which will be made in the form of a 50% stock dividend to shareholders of record at the close of business on April 20, 2021.  The additional shares will be distributed on April 30, 2021.   Following the split, the Company s outstanding shares will increase from approximately 12.4 million to 18.6 million.  Cash will be paid in lieu of fractional shares based on the closing price of common stock on the record date.  The

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