First Capital Inc. Declares Dividend to Strengthen Shareholder Value

Author: Owen Jenkins Updated: 02-19-2025 04:50 PM

First Capital Inc. Dividend Announcement

First Capital, Inc. (NASDAQ: FCAP) has recently made an important announcement regarding its commitment to providing value to its shareholders. The Board of Directors has declared a quarterly cash dividend of $0.29 per share of common stock. This decision underscores First Capital's ongoing efforts to enhance shareholder returns and reflects the company's solid financial standing.

Details of the Dividend Payment

According to Michael C. Frederick, the President and Chief Executive Officer of First Capital, the dividend amount will be distributed to shareholders on March 28. The record date for this distribution is set for March 14. This timely declaration gives investors a chance to benefit from the company's profits while maintaining an ongoing commitment to its growth strategies.

First Capital’s Business Structure

First Capital, Inc. operates as the holding company for First Harrison Bank, which has a strong presence with eighteen branches across a range of communities. The bank serves multiple locations, ensuring a broad reach in the Indiana markets, including Corydon and New Albany, as well as select towns in Kentucky like Shepherdsville and Mt. Washington. This diverse geographical footprint enables First Harrison Bank to cater to a wide array of customers effectively.

Emphasizing Online Banking Services

In today’s digital world, First Harrison Bank offers online banking services enabling customers to manage their accounts with ease. The bank provides electronic bill payment options, ensuring that clients can perform banking transactions conveniently from anywhere there's internet access. This accessibility enhances customer satisfaction and strengthens the bank’s customer base.

Financial Information Accessibility

For those looking to delve deeper into the financial aspects of First Capital, Inc., comprehensive financial data is readily available. Investors and interested parties can find pertinent information regarding the company's financial health through the Investor Relations section on First Harrison Bank's website. This transparency is a crucial aspect of building trust with stakeholders.

Contact Information

For inquiries, Joshua P. Stevens serves as the Chief Financial Officer and can be reached at 812-738-1570. His accessibility reinforces First Capital, Inc.'s dedication to engaging with its investors and the community.

Frequently Asked Questions

What is the amount of the declared dividend by First Capital Inc.?

The declared quarterly dividend is $0.29 per share of common stock.

When will the dividend be paid to shareholders?

The dividend will be paid on March 28, with a record date of March 14.

What services does First Harrison Bank offer?

First Harrison Bank provides a range of banking services, including online banking and electronic bill payments, ensuring convenience for customers.

How can investors access financial data for First Capital Inc.?

Investors can access financial information through the Investor Relations section of First Harrison Bank's website.

Who can I contact for more information about First Capital Inc.?

For more information, reach out to Joshua P. Stevens, Chief Financial Officer, at 812-738-1570.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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