Sandy Spring Bancorp(NASDAQ:SASR) Declares Dividend of $0.2400.

Sandy Spring Bancorp (NASDAQ:SASR) had declared a cash dividend of $0.2400 on Jul 28, 2016. The shares will quote ex-dividend on Aug 8, 2016 and the record date has been fixed for Aug 10, 2016. On Jul 28, 2016 share price, the yield comes out to be 3.1736%. The dividend payable date has been fixed on Aug 17, 2016.

Sandy Spring Bancorp (SASR) made into the market gainers list on Thursdays trading session with the shares advancing 0.44% or 0.13 points. Due to strong positive momentum, the stock ended at $29.9, which is also near the day’s high of $29.98. The stock began the session at $29.79 and the volume stood at 22,884 shares. The 52-week high of the shares is $31.14 and the 52 week low is $24.04. The company has a current market capitalization of $714 M and it has 2,38,64,132 shares in outstanding.

Sandy Spring Bancorp(SASR) last announced its earnings results on Jul 21, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $36.73M. Analysts had an estimated revenue of $37.93M. Earnings per share were $0.44. Analysts had estimated an EPS of $0.45.

Several Insider Transactions has been reported to the SEC. On May 31, 2016, James J Maiwurm (director) purchased 258 shares at $29.04 per share price.Also, On Aug 5, 2015, John D Sadowski (EVP, Chief Information Officer) sold 1,257 shares at $27.50 per share price.On May 28, 2015, Pamela A Little (director) purchased 837 shares at $26.28 per share price, according to the Form-4 filing with the securities and exchange commission.

Sandy Spring Bancorp Inc. is the bank holding company for Sandy Spring Bank (the Bank). The Company operates through three business segments Community Banking Insurance and Investment Management. The Company’s Community Banking segment operates through Sandy Spring Bank and involves delivering a range of financial products and services including various loan and deposit products to both individuals and businesses. The Insurance segment operates through Sandy Spring Insurance Corporation a subsidiary of the Bank and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment operates through West Financial Services Inc. a subsidiary of the Bank which provides investment management and financial planning services. The Bank’s product portfolio includes loan and lease products deposit activities treasury activities and borrowing activities. The Bank operates around 44 community offices located in Central Maryland and Northern Virginia.

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