Sierra Bancorp Raises Quarterly Dividend by 4% to $0.27 per Share

Sierra Bancorp (NASDAQ: BSRR), the holding company for Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.27 per share, a 4% increase from the prior $0.26. The dividend will be paid on August 10, 2026, to shareholders of record as of August 3, 2026, marking the company's 110th consecutive quarterly dividend. The announcement highlights the bank’s long‑standing dividend history dating back to 1987.

The dividend news coincided with a modest stock gain, with shares rising $0.16 to $41.88 on the day of the announcement. Sierra Bancorp has a market capitalization of approximately $547.8 million, a price‑earnings ratio of 12.21, and a dividend payout ratio of about 33.2%, indicating that earnings comfortably cover the dividend. Analysts project earnings per share of $3.88 next year and expect the dividend to remain sustainable.