Investar Holding hikes dividend by 5.6%

Investar Holding Corporation (ISTR), the holding company of Investar Bank, National Association, declared a quarterly cash dividend of $0.095 per share to holders of the Company's common stock. The dividend is payable on October 31, 2022 to shareholders of record as of September 30, 2022. This represents a 6% increase in the dividend per share compared to the prior quarter and is the 36th quarterly dividend paid by the Company, which follows an uninterrupted 11 quarterly cash dividends paid by the Bank.

Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, National Association. The Bank currently operates 31 branch locations serving Louisiana, Texas and Alabama. At June 30, 2022, the Bank had 335 full-time equivalent employees and total assets of $2.6 billion.