Origin Bancorp, Inc. Declares Quarterly Dividend for Shareholders

RUSTON, La.— In an official press release dated January 24, 2024, Origin Bancorp, Inc. OBK, the parent company of Origin Bank, made a substantial announcement regarding its financial distributions. The company's board of directors has reached a decision to bestow a quarterly cash dividend to its shareholders. This declaration signifies a continued commitment to sharing the bank's success with its investors.

Dividend Details

The specific dividend declared by Origin Bancorp, Inc. is set at $0.15 per share on its common stock. This payout reflects the company's financial health and the board’s confidence in its ongoing profitability and operational stability. Shareholders who are recorded by a specific date will be eligible to receive this declared dividend.

Investor Considerations

This decision for a quarterly cash dividend highlights the strategic financial management by Origin Bancorp's leadership. It demonstrates the company's disciplined approach to capital allocation, ensuring that shareholder value is at the forefront of its corporate governance. The dividend is also indicative of Origin’s operational performance and its ability to generate solid earnings. For current and prospective investors, this announcement is a critical factor for portfolio decision-making, particularly for those interested in steady income streams through dividend-paying stocks.

Origin, Dividend, Shareholder