Dividend Information and Recent Developments for Northrim Bancorp Ahead of Ex-Dividend Date on Sept 23, 2025

Generated by AI AgentAinvest Dividend Digest
Friday, Sep 19, 2025 7:03 pm ET1min read
NRIM--
Aime RobotAime Summary

- Northrim Bancorp announced a 4-for-1 stock split effective Sept 18, 2025, increasing authorized shares to 40 million and lowering par value.

- The ex-dividend date is Sept 23, 2025, with a recent $0.64/share cash dividend exceeding its 10-year average of $0.1949.

- Technical analysis shows bearish signals (KDJ Death Cross, Marubozu pattern) and a 0.90% price decline to $90.47 amid mixed market sentiment.

- The split aims to boost liquidity and accessibility, but short-term caution persists due to technical indicators and recent price weakness.


Northrim Bancorp (NRIM) has recently disclosed its upcoming dividend and stock-related events. The company announced on Aug 22, 2025, a 4-for-1 stock split, which will become effective on Sept 18, 2025, and is set to impact the company’s share structure by increasing the number of authorized shares to 40 million and reducing the par value. The ex-dividend date for this period is scheduled for Sept 23, 2025, meaning that investors must purchase the stock before this date to be eligible for the upcoming dividend. While the exact payment date and amount of the dividend have not been specified, the average of the last 10 dividend payments per share was $0.1949. The most recent cash dividend was declared on Sep 12, 2025, at $0.64 per share, indicating a notable increase compared to the historical average. It is also worth noting that the recent dividend event was a cash dividend, while the current announcement pertains to a stock split. Investors should be aware that any shares purchased on or after the ex-dividend date will not qualify for the upcoming dividend.

Over the past week, Northrim BancorpNRIM-- has been the subject of multiple key developments. The company has officially executed a 4-for-1 forward stock split, which has been widely recognized as a strategic move to increase liquidity and make shares more accessible to a broader range of investors. This action, effective Sept 18, 2025, has also led to a significant increase in the number of authorized shares, signaling management’s confidence in the company’s future growth potential. Additionally, recent technical analysis of Northrim’s 15-minute chart has shown bearish signals, including a KDJ Death Cross and a bearish Marubozu pattern observed on Sept 19, 2025, at 10:15 AM. These indicators suggest short-term market sentiment has turned cautious, potentially influencing investor behavior in the near term. Furthermore, the stock has seen a slight decline in price, closing at $90.47 on the most recent trading session, with a -0.90% change, reflecting the mixed sentiment around the stock split and technical developments.

In conclusion, NorthrimNRIM-- Bancorp is navigating a period of transition marked by a significant corporate action in the form of a stock split and evolving market signals. While the split is expected to enhance shareholder value and accessibility, the bearish indicators observed recently may temper investor enthusiasm in the short term. The ex-dividend date for the upcoming dividend is set for Sept 23, 2025, and investors should note that this is the last day to purchase the stock and qualify for the dividend. As the company continues to adjust to these changes, it will be important to monitor both its fundamentals and market performance for further insights into its long-term trajectory.

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