The Simmons First National Corp. Board of Directors declared Thursday a regular $0.20 per share quarterly cash dividend payable Dec. 31 to shareholders of record Dec. 17.
This dividend represents a $0.01 per share, or 5.3 percent increase over the dividend declared during December 2011, according to a press release. The timing of this payment, which would normally occur on Jan. 2, 2013, was accelerated into 2012 as a result of likely higher tax rates on dividends in 2013.
Simmons First National Corp. is an eight-bank financial holding company with community banks in Pine Bluff, Lake Village, Jonesboro, Rogers, Searcy, Russellville, El Dorado and Hot Springs. The company’s eight banks conduct financial operations from 96 offices, of which 92 are financial centers, in 55 communities in Arkansas, Missouri and Kansas.