Heritage Financial Corporation Approves Quarterly Dividend
Heritage Financial Corporation, based in Olympia, recently made headlines with the declaration of its quarterly cash dividend. The company's board has decided on a cash dividend amounting to $0.24 per common share. This dividend payment is scheduled to take place shortly, providing timely returns for its shareholders.
Details of the Dividend Payment
The dividend will be disbursed on February 11 to shareholders who are officially recorded by January 28. This early payout is a strategic move in light of the anticipated merger with Olympic Bancorp, Inc., which is set to enhance Heritage's position in the banking sector.
Direct Deposit of Dividends
For added convenience, Heritage Financial Corporation has introduced a direct deposit option for registered holders of its shares. Shareholders wishing to have their dividends automatically deposited into their transaction accounts can easily do so by logging into the "Investor Centre" section of the transfer agent's website. This user-friendly approach aims to enhance shareholder satisfaction by ensuring quick access to funds.
Simple Enrollment Process
Enrolling in the direct deposit service is a breeze. Investors can either log in online or reach out by phone to Computershare at 1-800-962-4284 to request an enrollment form. This flexibility makes it easier for shareholders to manage their dividends effectively.
About Heritage Financial Corporation
Heritage Financial Corporation operates as a bank holding company, with Heritage Bank being its primary wholly-owned banking subsidiary. Heritage Bank provides full-service commercial banking solutions through its expansive network of 51 banking offices across Washington and Oregon. Notably, it also operates under the name Whidbey Island Bank on Whidbey Island, further solidifying its regional presence.
Stock Information and Trading
Investors interested in Heritage's performance can find its stock traded on the NASDAQ Global Select Market under the symbol "HFWA." The company has been committed to delivering value to its shareholders through initiatives like the current dividend payout. This dedication to shareholder returns reflects a strong financial foundation and growth potential.
Conclusion
As Heritage Financial Corporation moves forward, the announced dividend signifies its ongoing commitment to providing value for its investors. With the planned merger with Olympic Bancorp on the horizon, this proactive approach to dividends showcases the confidence Heritage has in its future endeavors.
Frequently Asked Questions
What is the amount of the declared dividend by Heritage Financial Corporation?
The declared dividend is $0.24 per common share.
When will the dividend be paid to shareholders?
The dividend will be paid on February 11.
What is the significance of the early dividend payment?
The early dividend payment is a strategic move in anticipation of the merger with Olympic Bancorp, Inc.
How can shareholders receive their dividends?
Shareholders can receive their dividends through direct deposit by enrolling in the service via Computershare.
Where can I find more information about Heritage Financial Corporation?
More information is available on the company's official website and its linked banking services.
