Berkshire Hills Bancorp Declares Quarterly Dividend for Investors
Berkshire Hills Bancorp Declares Quarterly Shareholder Dividend
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share. This dividend will be distributed to shareholders of record at the close of business. The commitment to providing value to its investors underscores the company’s strong financial position and strategic planning.
Details About the Dividend
Shareholders will receive their dividend payment following the end of the designated record date. The company is keen on maintaining its role in providing tangible returns for its investors. As a forward-looking financial entity, Berkshire Hills remains focused on its core principles of wealth management and commercial banking while ensuring that the interests of its shareholders are prioritized.
Commitment to Shareholders
Berkshire Hills Bancorp has established a robust framework for shareholder returns, consistently seeking to provide value through its dividend payments. The approval of this latest dividend is a testament to the stability and strength of the organization. Such moves are consistently monitored by the board to align with the company's long-term vision and financial health.
Financial Standing of Berkshire Hills Bancorp
Headquartered in Boston, Berkshire Hills Bancorp is the parent company of Berkshire Bank, exhibiting comprehensive financial services across several sectors. The Bank manages approximately $12.2 billion in assets and operates 91 branches spread across New England and New York.
Services Offered
Berkshire Bank provides a vast array of services, including Commercial Banking, Retail Banking, Consumer Lending, Private Banking, and Wealth Management. This diverse service portfolio enables the company to cater to the varied needs of its clientele, ensuring a strong market presence in the financial sector.
Investor Relations at Berkshire Hills
For investors looking to connect, the Investor Relations team is led by Kevin Conn, Senior Managing Director. The company places a high value on keeping their investors informed and engaged, ensuring there are clear channels for communication regarding strategic initiatives and financial performance.
Contact Information
Should investors and interested parties wish to learn more or have specific inquiries, they can easily reach out to Kevin Conn at (617) 641-9206. It’s vital for the Bank to maintain transparency and provide insights into its operational strategies and market positioning.
Frequently Asked Questions
What is the dividend amount announced by Berkshire Hills Bancorp?
The announced quarterly cash dividend is $0.18 per common share.
Who qualifies for the dividend payment?
Shareholders on record at the close of business on the designated date will qualify for the dividend payment.
How often does Berkshire Hills Bancorp declare dividends?
Berkshire Hills Bancorp typically declares dividends on a quarterly basis, reinforcing their commitment to returning value to shareholders.
What services does Berkshire Bank offer?
Berkshire Bank offers a wide range of services including Commercial Banking, Retail Banking, Consumer Lending, Private Banking, and Wealth Management.
Who should I contact for more information about Berkshire Hills Bancorp?
Interested parties can contact Kevin Conn, Senior Managing Director of Investor Relations, for further information.
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