First Capital, Inc. Announces Dividend Growth
First Capital, Inc. (NASDAQ: FCAP) has just declared a notable increase in its quarterly cash dividend, demonstrating its commitment to enhancing shareholder value. According to Michael C. Frederick, the President and Chief Executive Officer, the company will pay a dividend of $0.31 per share, which reflects an increase of 6.9% from the previous dividend.
Dividend Increase Details
This increase comes as First Capital shows continued profitability and solid performance. The announced dividend will be distributed on September 26, 2025, to shareholders who hold stock by the record date of September 12, 2025. Mr. Frederick expressed his contentment with the increase, attributing it to the company’s consistent financial success.
First Capital’s Position in the Market
As the parent company of First Harrison Bank, First Capital plays a vital role in the Indiana banking sector. The bank boasts a substantial presence in the state with numerous branches catering to various communities. This extensive network enables the bank to provide various services, including online banking solutions that are accessible to anyone with internet access.
First Harrison Bank's Community Impact
First Harrison Bank, which operates under First Capital, actively engages in the communities it serves. By providing tailored financial solutions and local outreach, the bank reinforces its commitment to community development. Their dedication is not just in offering banking services but also in supporting local initiatives and events, thereby enhancing community connections.
Investor Relations and More Information
For interested investors, detailed financial data and growth plans can be found in the Investor Relations section of First Harrison Bank's website. This area provides stakeholders with insights into the company’s financial health, future strategies, and other relevant updates.
Contact Information
For further inquiries, Joshua Stevens, the Chief Financial Officer, is available at 812-738-1570. His expertise, combined with strong leadership from Mr. Frederick, ensures that First Capital, Inc. remains dedicated to serving its shareholders and the community effectively.
Frequently Asked Questions
What is the new dividend amount announced by First Capital?
The new dividend amount announced by First Capital is $0.31 per share, marking a 6.9% increase.
When will the dividend be paid to shareholders?
The dividend will be paid on September 26, 2025, to shareholders on record as of September 12, 2025.
Who can I contact for more information regarding the dividend?
For inquiries about the dividend and corporate matters, you can contact Joshua Stevens, the Chief Financial Officer, at 812-738-1570.
What role does First Capital play in its community?
First Capital, as the parent company of First Harrison Bank, plays a significant role in community development through local banking services and support for community initiatives.
How does First Capital ensure shareholder value?
First Capital ensures shareholder value through consistent profitability, increased dividends, and a commitment to returning capital to its shareholders.
