National Bank Holdings Corporation Announces Dividend Increase
National Bank Holdings Corporation (NYSE: NBHC) has recently made waves with its announcement regarding the quarterly cash dividend for shareholders. The Board of Directors has decided to enhance the dividend by 3.3%. This shift brings the dividend from thirty cents ($0.30) to thirty-one cents ($0.31) per share of NBHC common stock, showcasing the bank's dedication to rewarding its investors.
Details About the Dividend Payment
The new dividend is set to be payable on December 15 to those shareholders who are on record as of November 28. This move not only signals strong financial health but also reflects a strategic approach to shareholder returns amid the company's ongoing initiatives.
CEO's Commitment to Shareholder Returns
Tim Laney, the Chairman and CEO, expressed enthusiasm about the dividend increase, tying it to the company's broader strategy. He noted that the rise in dividend is a testament to their commitment to providing attractive returns to shareholders. This comes on the heels of their recent strategic acquisition of Vista Bancshares, Inc., showing that the bank is not just focused on immediate returns but also on sustainable growth.
About National Bank Holdings Corporation
National Bank Holdings Corporation is more than just a bank; it is a growing community bank franchise dedicated to providing high-quality service. With a network of over 90 banking centers, it serves not just individual clients but also small to medium-sized businesses and governmental organizations. The bank operates mainly in several key states, including Colorado and Texas, where it aims to meet diverse client needs.
Core Banking Services and Offerings
Through its subsidiaries like NBH Bank and Bank of Jackson Hole Trust, National Bank Holdings delivers a wide array of banking and wealth management services. Their focus is not only on traditional banking but also encompasses investment and mortgage solutions catered to their target demographics. These services align well with the different client bases found in their operational areas, which stretches across various states.
Future Plans and Strategic Growth Initiatives
As National Bank Holdings progresses into future operations, it maintains a strong emphasis on innovation and growth. Their solid balance sheet and diversified funding streams afford the flexibility to explore various avenues of growth. This proactive strategy suggests a robust operational framework aimed at enhancing shareholder value moving forward.
Contact Information
For investors and analysts looking for more insights about National Bank Holdings Corporation, key contacts include:
Emily Gooden - Chief Accounting Officer and Investor Relations Director
Phone: 720-554-6640
Email: ir@nationalbankholdings.com
Nicole Van Denabeele - Chief Financial Officer
Phone: 720-529-3370
Email: ir@nationalbankholdings.com
Media Contact:
Jody Soper, Chief Marketing Officer
Phone: 303-784-5925
Email: Jody.Soper@nbhbank.com
Frequently Asked Questions
What is the new quarterly dividend amount for NBHC?
The new quarterly dividend is increased to thirty-one cents ($0.31) per share from the previous thirty cents ($0.30).
When will the dividend be paid?
The dividend will be paid on December 15 to shareholders of record as of November 28.
What does the increase in dividend indicate about the company?
The increase indicates the company’s strong financial health and commitment to returning value to its shareholders.
Who can be contacted for more information regarding investments?
Investors and analysts can contact Emily Gooden at 720-554-6640 or via email at ir@nationalbankholdings.com.
What strategic acquisition has the company recently announced?
National Bank Holdings has announced the strategic acquisition of Vista Bancshares, Inc. as part of its growth strategy.
