ServisFirst Bancshares hikes dividend by 21.7%

On December 19, 2022, Servisfirst Bancshares (SFBS) declared a dividend hike of 21.7% to $0.28 quarterly per share.

The next dividend for ServisFirst Bancshares, Inc., the holding company for ServisFirst Bank, is payable on January 6, 2023 to stockholders of record as of January 3, 2023. ServisFirst has increased its dividend annually since the company went public in 2014. A new annual rate of $1.12 per share yields 1.7% at a stock price of $66.50.

ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary, ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Birmingham, Huntsville, Mobile, Montgomery and Dothan, Alabama, Pensacola and Tampa Bay, Florida, Nashville, Tennessee, Atlanta, Georgia, and Charleston, South Carolina. ServisFirst has increased its dividend annually since the company went public in 2014.