City Holding Co. Declares $0.30 Quarterly Dividend
Ticker: CHCO · Form: 8-K · Filed: May 29, 2024 · CIK: 726854
| Field | Detail |
|---|---|
| Company | City Holding Co (CHCO) |
| Form Type | 8-K |
| Filed Date | May 29, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $2.50, $0.715 |
| Sentiment | bullish |
Sentiment: bullish
Topics: dividend, shareholder-return
Related Tickers: CHCO
TL;DR
CHCO declared a $0.30 dividend, payable June 28th. 7th year straight!
AI Summary
City Holding Company announced on May 29, 2024, that its Board of Directors has declared a quarterly cash dividend of $0.30 per share. This dividend is payable on June 28, 2024, to shareholders of record as of June 14, 2024. This marks the company's 7th consecutive year of dividend payments.
Why It Matters
This dividend declaration indicates continued financial stability and a commitment to returning value to shareholders, which can be a positive signal for investors.
Risk Assessment
Risk Level: low — The filing is a routine dividend declaration, which typically carries low risk.
Key Numbers
- $0.30 — Quarterly Dividend Per Share (Amount declared for shareholders)
- 7 — Consecutive Years of Dividends (Indicates consistent shareholder returns)
Key Players & Entities
- City Holding Company (company) — Registrant
- Board of Directors (company) — Declaring body
- $0.30 (dollar_amount) — Quarterly dividend per share
- June 28, 2024 (date) — Payment date
- June 14, 2024 (date) — Record date
FAQ
What is the amount of the quarterly cash dividend declared by City Holding Company?
The Board of Directors declared a quarterly cash dividend of $0.30 per share.
When will the declared dividend be paid?
The dividend is payable on June 28, 2024.
Who is eligible to receive this dividend?
Shareholders of record as of June 14, 2024, are eligible to receive the dividend.
How long has City Holding Company been paying dividends?
This marks the company's 7th consecutive year of dividend payments.
What is the filing date of this report?
This Form 8-K was filed on May 29, 2024.
Filing Stats: 395 words · 2 min read · ~1 pages · Grade level 10.9 · Accepted 2024-05-29 16:59:26
Key Financial Figures
- $2.50 — hange on which registered Common Stock $2.50 Par Value CHCO NASDAQ Global Select Mar
- $0.715 — of the Company, declared a dividend of $0.715 per common share for shareholders of re
Filing Documents
- chco-20240529.htm (8-K) — 21KB
- chco-20240529_g1.jpg (GRAPHIC) — 28KB
- 0000726854-24-000146.txt ( ) — 256KB
- chco-20240529.xsd (EX-101.SCH) — 2KB
- chco-20240529_def.xml (EX-101.DEF) — 16KB
- chco-20240529_lab.xml (EX-101.LAB) — 28KB
- chco-20240529_pre.xml (EX-101.PRE) — 17KB
- chco-20240529_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On May 29, 2024, the Board of Directors of the Company, declared a dividend of $0.715 per common share for shareholders of record as of July 15, 2024 payable on July 31, 2024.
Signatures
Signatures Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the Undersigned hereunto duly authorized. Dated: May 29, 2024 City Holding Company By: /s/ David L. Bumgarner David L. Bumgarner Executive Vice President & Chief Financial Officer -2-