Oakworth Capital Inc. Announces Annual Cash Dividend
The Board of Directors of Oakworth Capital Inc. (OTCQX: OAKC) convened recently to declare their 2025 annual dividend, continuing a proud tradition of enhancing shareholder value. This marks the eleventh consecutive year of issuing a cash dividend, which reflects the company’s commitment to shareholder returns and solid financial management.
Details of the Cash Dividend
For this fiscal year, Oakworth Capital has decided on an annual dividend of $0.45 per common share. This payout is scheduled to be made to shareholders of record as of December 15, showcasing the company's reliability in providing consistent cash returns. These dividends are set to be disbursed on January 15, further emphasizing the firm’s dedication to maintaining robust financial practices.
What This Means for Shareholders
Such dividends are particularly noteworthy as they not only provide immediate cash income to shareholders but also serve as a testament to the financial health of Oakworth Capital. Investors typically view stable or increasing dividend payouts as a positive indicator of a company’s ability to sustain its revenue in a competitive market, enhancing investor confidence.
About Oakworth Capital Inc.
Founded in 2008, Oakworth Capital, Inc. serves as the bank holding company for Oakworth Capital Bank, providing a range of financial services including commercial and private banking, as well as wealth management. With a customer-centered approach, Oakworth has developed a reputation for excellence and client satisfaction.
Recognition and Achievements
Oakworth has been recognized multiple times by industry publications, ranking among American Banker's “Best Banks to Work for” list for nearly a decade. It held the top position for six consecutive years, signaling not only a high-quality workplace but also the company’s esteemed position in the banking sector. As of late September, Oakworth reported total assets of $1.9 billion and a robust client retention rate of 95%, showcasing the company’s stability and strong operational performance.
Financial Data Overview
With a reporting of $1.5 billion in gross loans and $1.7 billion in deposits, Oakworth Capital has shown impressive growth metrics. Furthermore, the firm manages about $2.6 billion in wealth and trust assets, highlighting its effectiveness in client relationship management and investment strategies.
Contact Information
For more inquiries or detailed information regarding the recent dividend announcement, interested parties can contact Jenifer Kimbrough at 205-263-4704 or via email at jenifer.kimbrough@oakworth.com. Engaging with clients and fostering transparent communication has always been a priority for Oakworth Capital.
Frequently Asked Questions
What is the declared dividend per share for 2025?
The dividend per share declared for 2025 is $0.45.
When will the dividend be paid to shareholders?
The dividend is scheduled to be paid on January 15, 2026.
What financial services does Oakworth Capital provide?
Oakworth Capital offers commercial banking, private banking, wealth management, and advisory services.
How has Oakworth Capital performed in terms of client satisfaction?
Oakworth has achieved a remarkable Net Promoter Score (NPS) of 94, with a client retention rate of 95%.
How long has Oakworth Capital been in operation?
Oakworth Capital was founded in 2008, serving clients for over a decade.
