Associated Banc-Corp Declares Substantial Quarterly Dividends
Today, the Board of Directors of Associated Banc-Corp (NYSE: ASB) announced exciting news for its shareholders, declaring a regular quarterly cash dividend of $0.23 per common share. This payment is scheduled for release soon, rewarding those who hold shares up until the cutoff date.
Details of Dividend Payments
Shareholders can expect to see their dividends credited on the specified date, and the declaration also includes substantial payments on the company's preferred stock. Associated Banc-Corp is ensuring that both common and preferred shareholders benefit financially this quarter.
In addition to the common shares dividend, the Board made a significant announcement regarding its ongoing commitment to preferred shareholders. A regular quarterly cash dividend of $0.3671875 will be paid on Associated's 5.875% Series E Perpetual Preferred Stock, alongside a remarkable $0.3515625 for the 5.625% Series F Perpetual Preferred Stock.
About Associated Banc-Corp
Associated Banc-Corp, a prominent figure in the financial landscape, boasts total assets reaching an impressive $44 billion. This noteworthy company stands as the largest bank holding entity in Wisconsin. From its headquarters in Green Bay, Associated provides a comprehensive suite of financial products to individuals and businesses alike across nearly 200 banking locations. It serves over 100 communities across various states.
Commitment to Customers
With a focus extending beyond just Wisconsin, Associated operates loan production offices in several states, including Indiana, Michigan, and Texas. Their commitment to financial inclusion and high-quality service makes them a notable player in the banking sector.
Equal Opportunity Commitment
Associated Bank, N.A. actively promotes equal housing lending and is an equal opportunity lender, affirming its mission to provide accessible financial services to all demographics.
The Broader Financial Context
The recent dividend announcements from Associated Banc-Corp reflect a robust operational performance amidst varying market conditions. As a publicly traded company, Associated continues to prioritize shareholder returns while managing growth and stability in an ever-evolving financial environment.
Investor Relationships
Maintaining strong communication with investors is crucial for Associated Banc-Corp. Investors can reach out to the Investor Relations team for any inquiries or for more information regarding their investments. The company is dedicated to providing transparency and building trust with its shareholders.
Contact for Investor Relations: Ben McCarville, Senior Vice President, Director of Investor Relations, can be reached at 920-491-7059 for any investor-related questions.
Media Relations
For media inquiries or related requests, Andrea Kozek, Vice President, Public Relations Senior Manager, is available at 920-491-7518. The media team works diligently to provide timely and accurate information to journalists and the public.
Frequently Asked Questions
What is the dividend amount for common shares declared by Associated Banc-Corp?
The quarterly cash dividend declared for common shares is $0.23 per share.
When will the dividends be paid out?
The dividends for common and preferred shares are scheduled to be paid on September 15.
Who can I contact for more information regarding my investment in Associated Banc-Corp?
Investors can contact Ben McCarville at 920-491-7059 for inquiries related to investor relations.
Does Associated Banc-Corp operate in multiple states?
Yes, Associated Banc-Corp serves customers from nearly 200 locations across several states, including Wisconsin, Illinois, and Minnesota.
Is Associated Banc-Corp involved in promoting equal opportunity lending?
Yes, Associated Bank, N.A. is committed to being an Equal Housing Lender and an Equal Opportunity Lender.
