Sierra Bancorp Approves $0.27 Dividend and Buyback of Up to One Million Shares

Sierra Bancorp approved a $0.27 quarterly dividend and a new repurchase authorization for up to one million shares, setting shareholder payment and buyback timelines into 2027. The company, parent of Bank of the Sierra, trades on Nasdaq as BSRR. Its board approved the dividend Oct. 22, and Sierra Bancorp announced it Oct. 23. The cash dividend is payable Nov. 9 to shareholders listed on the company’s books at the close of business Nov. 2. The $0.27 payment matches the prior quarter’s amount; Sierra Bancorp raised the dividend 4% to that level in July.

Source: TokenPost