USCB Financial Holdings Announces Increased Quarterly Dividend
USCB Financial Holdings Declares Quarterly Cash Dividend
MIAMI — USCB Financial Holdings, Inc. (NASDAQ: USCB), the parent company of U.S. Century Bank, has exciting news for its shareholders. The Board of Directors has declared a quarterly cash dividend of $0.05 per share for the Class A common stock. This decision highlights the company’s dedication to returning value to its shareholders.
Dividend Payment Details
This dividend is set to be paid on December 5 to all shareholders on record by the end of November 15. It's important for investors to note that while this dividend reflects a steady financial commitment, all future dividend payments will be reviewed quarterly and are subject to the approval of the Board of Directors.
USCB Financial Holdings Overview
USCB Financial Holdings, Inc. has been serving the community since its establishment in 2002. As a prominent bank holding company for U.S. Century Bank, it has grown to become one of the leading community banks based in Miami. Notably, U.S. Century Bank boasts a remarkable 5-Star rating from BauerFinancial, which is renowned for their independent bank assessments.
Community Commitment
U.S. Century Bank prides itself on providing a diverse array of financial products and services tailored to meet the needs of its customers. The bank is also actively involved in supporting several local organizations, such as the Greater Miami Chamber of Commerce and the South Florida Hispanic Chamber of Commerce. This involvement underscores their commitment to not just being a financial institution, but a key player in community development.
Contact Information
For those seeking more information about U.S. Century Bank’s services or looking to connect with their team, you can reach out via phone at (305) 715-5200. Additionally, inquiries can be directed to their investor relations email at InvestorRelations@uscentury.com, where Martha Guerra-Kattou is available to assist.
Future Plans and Outlook
The decision to declare this quarterly dividend is a positive indicator of USCB Financial Holdings' overall financial health and stability. The company is continuously evaluating its position in the market and aiming to foster growth while providing shareholder returns. The prospect of future dividends remains contingent upon performance, ensuring a sustainable return strategy that benefits its shareholders.
Conclusion
In conclusion, USCB Financial Holdings, Inc. is reaffirming its commitment to its shareholders with the declaration of a quarterly dividend. As the company continues to navigate the financial landscape, particularly through its robust support of community initiatives, it remains proactively engaged with its investors.
Frequently Asked Questions
What is the declared dividend for USCB Financial Holdings?
The declared dividend is $0.05 per share for Class A common stock.
When will the dividend be paid out?
The dividend will be paid on December 5 to shareholders recorded by November 15.
What is USCB Financial Holdings known for?
USCB Financial Holdings is known for being one of the largest community banks in Miami and has a 5-Star rating from BauerFinancial.
How can I contact USCB Financial Holdings?
You can contact USCB Financial Holdings at (305) 715-5200 or email them at InvestorRelations@uscentury.com.
Are future dividends guaranteed?
Future dividends are subject to quarterly review and approval by the Board of Directors.
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