Reported Earlier, City Holding Company Raised A Dividend Per Share To 79 Cents From The 71.5 Cents, Payable On October 31, 2024 To Shareholders Of Record As Of October 15, 2024
Portfolio Pulse from Benzinga Newsdesk
City Holding Company has announced an increase in its dividend per share from 71.5 cents to 79 cents, payable on October 31, 2024, to shareholders of record as of October 15, 2024.
September 26, 2024 | 7:00 am
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City Holding Company has increased its dividend per share from 71.5 cents to 79 cents, indicating a positive outlook and potential shareholder value increase.
The increase in dividend per share suggests that City Holding Company is confident in its financial health and future earnings. This move is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price as it signals strong cash flow and commitment to returning value to shareholders.
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IMPORTANCE 80
RELEVANCE 100