National Bank Holdings Corporation Announces Increase To Quarterly Dividend From $0.26 To $0.27 Per Share
Portfolio Pulse from Benzinga Newsdesk
National Bank Holdings Corporation (NBHC) has announced a 3.8% increase in its quarterly cash dividend from $0.26 to $0.27 per share. The dividend will be payable on December 15, 2023 to shareholders of record at the close of business on November 24, 2023. The increase is attributed to the company's strong balance sheet, solid capital position, and diversified funding sources.
November 07, 2023 | 10:31 pm
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POSITIVE IMPACT
National Bank Holdings Corporation (NBHC) has increased its quarterly cash dividend by 3.8%. This increase reflects the company's strong financial position and is likely to be positively received by shareholders.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This can lead to increased investor confidence and potentially a rise in the stock price. In this case, NBHC's dividend increase is backed by a strong balance sheet, solid capital position, and diversified funding sources, which further strengthens the positive impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100