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Alpine Banks of Colorado Declares Cash Dividend for Shareholders

Alpine Banks of Colorado Declares Cash Dividend for Shareholders

Alpine Banks of Colorado Announces Dividend

Alpine Banks of Colorado (OTCQX: ALPIB) has officially declared a cash dividend of $0.21 per share on its Class A and Class B common stocks. This decision is a positive development for shareholders, as the dividend is scheduled to be paid on July 28 to those who are on record as shareholders prior to June 21.

Company Overview

Founded in 1973 and headquartered in Glenwood Springs, Alpine Banks of Colorado operates as an independent, employee-owned institution with an impressive asset base of $6.7 billion. With a workforce of 890 dedicated employees, the bank serves around 170,000 clients across Colorado. Alpine Bank provides a variety of services, including personal and business banking, wealth management, mortgages, and electronic banking. Their commitment to excellence is reflected in their five-star rating from BauerFinancial, indicating a superior performance in the financial sector.

Dividend Details and Company's Commitment

The recently declared dividend continues the bank's tradition of rewarding its shareholders. A $0.21 dividend per share represents the bank's strong financial position and commitment to providing value to its investors. Shareholders can look forward to this financial return, which highlights the bank's strategy to maintain growth and profitability while ensuring shareholder satisfaction.

Contact and Additional Information

For those seeking further information regarding the dividend or other inquiries, Eric Gardey, the Chief Financial Officer of Alpine Banks of Colorado, is available for contact. The bank offers various wealth management services, although it's essential for clients to acknowledge that these services are not FDIC insured, may lose value, and are not guaranteed by the bank.

Frequently Asked Questions

What is the amount of the dividend announced by Alpine Banks?

The dividend announced is $0.21 per share for both Class A and Class B common stocks.

When will the dividend be paid?

The dividend is scheduled to be paid on July 28 to shareholders of record as of June 21.

What is the significance of the five-star rating from BauerFinancial?

This five-star rating indicates that Alpine Banks of Colorado has achieved superior performance compared to other financial institutions.

Who should I contact for more information about the bank?

For inquiries, you can reach out to Eric Gardey, Chief Financial Officer of Alpine Banks of Colorado, at (970) 384-3257.

Are the wealth management services offered by Alpine Bank insured?

No, Alpine Bank's wealth management services are not FDIC insured and may lose value.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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