Renasant (Renasant) Dividend Payout Ratio

: 0.29 (As of Dec. 2023)

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Renasant's dividend payout ratio for the months ended in Dec. 2023 was 0.29.

The historical rank and industry rank for Renasant's Dividend Payout Ratio or its related term are showing as below:

RNST' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.31 Max: 0.56
Current: 0.28

During the past 13 years, the highest Dividend Payout Ratio of Renasant was 0.56. The lowest was 0.27. And the median was 0.31.

RNST's Dividend Payout Ratio is ranked better than
62.85% of 1093 companies
in the Banks industry
Industry Median: 0.33 vs RNST: 0.28

As of today (2024-04-19), the Dividend Yield % of Renasant is 2.95%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Renasant was 4.30%. The lowest was 1.52%. And the median was 2.34%.

Renasant's Dividends per Share for the months ended in Dec. 2023 was $0.22.

During the past 5 years, the average Dividends Per Share Growth Rate was 1.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Renasant was 18.50% per year. The lowest was 0.40% per year. And the median was 7.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Renasant Dividend Payout Ratio Historical Data

The historical data trend for Renasant's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Renasant Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.30

0.56

0.27

0.30

0.28

Renasant Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.25	0.27	0.27	0.29	0.29

Competitive Comparison

For the Banks - Regional subindustry, Renasant's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Renasant Dividend Payout Ratio Distribution

For the Banks industry and Financial Services sector, Renasant's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Renasant's Dividend Payout Ratio falls into.

Renasant Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Renasant's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.88	/	3.15
	=	0.28

Renasant's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.22	/	0.76
	=	0.29

Renasant (NYSE:RNST) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Renasant Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Renasant's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Renasant (Renasant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Renasant Corp (NYSE:RNST) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

209 Troy Street, Tupelo, MS, USA, 38804-4827

Website

https://www.renasantbank.com

Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: community banks, insurance, and wealth management. With its community banks segment, the company provides a range of financial services to individuals and small businesses. Its insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The wealth management segment provides a range of services including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment. Renasant Corporation operates in the southern United States.

Executives

Curtis J Perry	officer: SEVP	P.O. BOX 120, COLUMBUS GA 31902
John Foy	director	1881 N PARC CIRCLE, TUPELO MS 38804
Rose J. Flenorl	director	209 TROY STREET, TUPELO MS 38804
Holland Neal A Jr	director	PO BOX 1948, DECATUR AL 35602
Baxter Jimmy R. Iii	officer: EVP/Chief Risk Officer	209 TROY ST, TUPELO MS 38804
James W Gray	officer: Executive Vice President
John Creekmore	director
Edward Robinson Mcgraw	officer: CEO/Pres
Mabry James C. Iv	officer: EVP and CFO	209 TROY STREET, TUPELO MS 38804
Kelly Hutcheson	officer: EVP/Chief Accounting Officer	209 TROY STREET, TUPELO MS 38804
R Rick Hart	director, officer: Sr Executive Vice President	916 CHANCERY LN, NASHVILLE TN 37205
Richard Heyer	director
Gary D. Butler	director	209 TROY STREET, TUPELO MS 38804
Bartow Jr Morgan	officer: Executive Vice President	106 E CROGAN STREET, LAWRENCEVILLE GA 30046
Fred F Sharpe	director	C/O HERITAGE FINANCIAL GROUP, 721 N WESTOVER BOULEVARD, ALBANY GA 31707