QCR Holdings, Inc. Declares New Cash Dividend of $0.06

Exciting Announcement from QCR Holdings, Inc.
Today, an important announcement came from QCR Holdings, Inc. (NASDAQ: QCRH). The company revealed that its Board of Directors has declared a cash dividend of $0.06 per share, which is a positive indication of its financial health and dedication to its shareholders.
Details of the Dividend Declaration
The declaration was made on August 20, and the cash dividend is set to be payable on October 3, to stockholders whose names appear on the record by September 18. This timely announcement highlights the company’s efforts to reward its loyal investors while confirming its robust operational performance.
About QCR Holdings, Inc.
Based in Moline, Illinois, QCR Holdings, Inc. is a multi-bank holding company known for fostering relationships within its communities, including the Quad Cities and other areas. The company operates through its various wholly-owned subsidiary banks, ensuring that they meet a wide array of banking needs.
Services Offered
QCR Holdings, Inc. offers full-service commercial and consumer banking along with trust and wealth management services, aiming to cater to both individual and business clients effectively. Their banks include the Quad City Bank & Trust Company, Cedar Rapids Bank & Trust Company, and Community State Bank, providing diverse banking solutions tailored to local communities.
Growth and Expansion
Established in 1994, QCR Holdings has grown significantly over the years, acquiring Community State Bank in 2016 and Guaranty Bank in 2018. This expansion strategy has been pivotal in enhancing their service offerings and market presence.
Strong Financial Position
As of June 30, the company's financials are a testament to its stability, boasting $9.2 billion in assets, $6.8 billion in loans, and $7.3 billion in total deposits. Such figures illustrate QCR Holdings' strong foothold in the banking sector, making it a reliable choice for investors looking for stability and growth.
Community Involvement
Moreover, QCR Holdings takes pride in its community involvement, consistently working towards improving the financial landscape and contributing positively to the regions it serves. This commitment has established them as a trustworthy banking institution among their customers.
Client-Centric Approach
By emphasizing their relationships and being deeply rooted in the community, QCR Holdings not only meets its clients’ financial needs but builds long-lasting partnerships that are essential for mutual growth.
Looking Ahead with QCR Holdings
With the impending cash dividend and ongoing strategic initiatives, QCR Holdings, Inc. is poised for further success. The combination of a strong operational framework and commitment to shareholder value places the company in an excellent position for future developments.
Frequently Asked Questions
What is the announced cash dividend amount by QCR Holdings, Inc.?
The cash dividend announced by QCR Holdings, Inc. is $0.06 per share.
When will the dividend be payable?
The dividend is set to be payable on October 3, to stockholders recorded by September 18.
How has QCR Holdings, Inc. been performing financially?
QCR Holdings, Inc. shows strong financial performance with $9.2 billion in assets, which underlines its stability and growth potential.
Which areas does QCR Holdings, Inc. serve?
The company serves multiple locations, including the Quad Cities, Cedar Rapids, Cedar Valley, and Springfield, among others.
How does QCR Holdings, Inc. contribute to its communities?
The company is actively involved in their local communities, providing necessary banking services and fostering long-term relationships essential for mutual growth.
About The Author
Contact Evelyn Baker privately here. Or send an email with ATTN: Evelyn Baker as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.