National Bank Holdings Increases Quarterly Dividend From $0.27 To $0.28 Per Share
Portfolio Pulse from Benzinga Newsdesk
National Bank Holdings Corporation (NYSE:NBHC) has announced a 3.7% increase in its quarterly cash dividend, raising it from $0.27 to $0.28 per share, payable on June 14, 2024, to shareholders of record as of May 31, 2024. This marks the company's seventh consecutive semiannual dividend increase, reflecting its strong balance sheet, solid capital position, and diversified funding sources.
May 01, 2024 | 9:26 pm
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National Bank Holdings Corporation announced a 3.7% increase in its quarterly dividend from $0.27 to $0.28, payable on June 14, 2024, to shareholders of record on May 31, 2024.
Dividend increases are typically viewed positively by the market as they signal a company's confidence in its financial stability and future earnings potential. Given that this is NBHC's seventh consecutive semiannual increase, it underscores the company's solid financial health and commitment to returning value to shareholders. This is likely to be viewed favorably by investors, potentially leading to a short-term positive impact on the stock price.
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