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Stock impact report

City Holding Company Increases Quarterly Dividend On Common Shares

City Holding Company (CHCO) 
Last city holding company earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Business Wire
CHARLESTON, W. Va.--(BUSINESS WIRE)--City Holding Company, “the Company” (NASDAQ: CHCO), a $6.3 billion bank holding company headquartered in Charleston, on September 25, 2024 declared a dividend of 79 cents per common share for shareholders of record as of October 15, 2024. The dividend is payable on October 31, 2024. The dividend represents a 10% increase from the 71.5 cents per share cash dividend paid for the second quarter of 2024.“Today our board reaffirmed the Company’s commitment of returning value to its shareholders by voting to approve an increase in the quarterly cash dividend by 7.5 cents to 79 cents,” stated Charles (Skip) Hageboeck, President and CEO. “The decision to increase the dividend to $3.16 on an annualized basis is based on the Company's strong current capital and liquidity position, our financial performance during 2024, and our confidence in the Company's ability to sustain this performance.”City Holding Company is the parent company of City National Bank Show less Read more
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