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SR Bancorp, Inc. Common stock

SR Bancorp, Inc. is the holding company for Somerset Regal Bank, which provides retail and commercial banking services to individuals, businesses, and local municipalities in Essex, Hunterdon, Middlesex, Morris, Somerset, and Union counties in New Jersey. The bank offers deposit products such as demand deposits, savings accounts, money market accounts, and certificates of deposit, as well as business checking and online bill payment services. It also provides various loans, including residential mortgages, commercial real estate, multi-family, commercial and industrial, consumer, home equity, unsecured personal, and rehabilitation loans, along with lines of credit. Founded in 1887 and based in Bound Brook, New Jersey, the company is also involved in investment activities.

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SR Bancorp raises quarterly dividend by 20% to $0.06 per share

SR Bancorp declared a quarterly dividend of $0.06 per share, a 20% increase from the prior dividend of $0.05. The dividend is payable on July 15 to shareholders of record as of June 30, with an ex-dividend date of June 30. The forward yield is 1.27%.
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