City Holding Company (CHCO) announced the declaration of a quarterly cash dividend of $1.00 per common share, representing a 15% increase from the previous quarter's dividend of 87 cents per share. The company cited its strong capital position, recent financial performance, and confidence in its ability to sustain performance as the basis for the increase.
Key Details
- New Quarterly Dividend: $1.00 per share, an increase of 13 cents.
- Record Date: The dividend is payable to shareholders of record as of October 15, 2026.
- Payment Date: The dividend will be paid on October 30, 2026.
- Annualized Rate: The new dividend rate represents an annualized dividend of $4.00 per share.