The board of directors of Simmons First National Corp. (NASDAQ: SFNC) declared a regular $0.16 per share quarterly cash dividend.

The dividend is payable Jan. 6, 2020, to shareholders of record as of Dec. 16, 2019. This dividend represents a $0.01 per share, or 6.7 percent, increase above the dividend paid for the same period last year, according to a news release.

Simmons First National Corp. is a financial holding company headquartered at Pine Bluff with total assets of approximately $17.8 billion as of Sept. 30. The corporation conducts financial operations in Arkansas, Colorado, Illinois, Kansas, Missouri, Oklahoma, Tennessee and Texas.