Community Heritage Financial Boosts Dividend for Shareholders

Author: Dylan Bailey Updated: 01-21-2025 09:55 AM

Community Heritage Financial, Inc. Boosts Dividend Payment

In an exciting development, Community Heritage Financial, Inc. (OTCPK: CMHF) has announced a significant increase in its quarterly cash dividend. The company's Board of Directors has declared a dividend of $0.08 per share, marking a substantial 33% rise from the previous payout. This announcement demonstrates the company’s ongoing commitment to providing value to its shareholders.

Details of the Dividend Declaration

The declared dividend is set to be paid on February 7 to shareholders recorded as of January 31. Such an increase in dividends often signals a healthy financial status, reflecting the company’s strong operational performance and strategic planning. Investors keen on sustainable returns will appreciate this move, especially in the current economic landscape.

About Community Heritage Financial, Inc.

Community Heritage Financial, Inc. serves as the parent company of Middletown Valley Bank, which has been providing banking services since its inception in 1908. The bank offers a broad range of personal and business banking services, further enhancing its portfolio through mortgage lending offered via Millennium Financial Services, Inc. (Mlend). This diverse menu of services underscores the company’s robust business model aimed at meeting the needs of its customers effectively.

Growth and Expansion

Throughout its history, Middletown Valley Bank has expanded its reach, operating offices in Frederick, Washington, and Garrett counties in Maryland, as well as Franklin County in Pennsylvania. This regional presence allows the bank to serve a diverse customer base, contributing to its growth and sustainability. With the rise in demand for reliable banking services, the bank is poised for future advancements as it continues to adapt to the evolving financial landscape.

Investor Relations and Contact Information

For shareholders and potential investors looking for more information, Community Heritage Financial, Inc. encourages inquiries that can help in understanding its financial strategies and market position. The company's commitment to transparency and communication is evident, reflected in their proactive approach to investor relations.

Contact Information

Individuals interested in reaching out can contact Robert E. (BJ) Goetz, Jr., the President & Chief Executive Officer, at 301-371-3055. Community Heritage Financial, Inc. remains dedicated to maintaining strong relationships with its stakeholders, ensuring that all inquiries are addressed promptly.

Frequently Asked Questions

What is the new dividend per share announced by Community Heritage Financial?

The new dividend per share is $0.08, a 33% increase from the previous dividend.

When will the dividend be paid to shareholders?

The dividend is payable on February 7, with shareholders of record as of January 31 being eligible.

What services does Middletown Valley Bank provide?

Middletown Valley Bank offers personal and business banking services, including mortgage lending through its subsidiary, Millennium Financial Services, Inc.

Where are the bank's offices located?

The bank operates in Frederick, Washington, and Garrett counties in Maryland, and in Franklin County, Pennsylvania.

Who can shareholders contact for more information?

Shareholders can contact Robert E. (BJ) Goetz, Jr., the President & Chief Executive Officer, for inquiries regarding investor relations.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

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.