City Holding Rewards Shareholders With 10.5% Hike in Cash Dividend
CHCOCity Holding(CHCO) ZACKS·2024-09-26 23:48

City Holding Co. (CHCO) announced a quarterly cash dividend of 79 cents per share. This reflects a 10.5% hike from the prior payout. The dividend will be paid out on Oct. 31, 2024, to shareholders of record as of Oct. 15. Before the latest hike, the bank increased its dividend by 10% to 71.5 cents per share in September 2023. Based on its closing price of $115.09 as of Sept. 25, CHCO's current dividend yield is 2.8%. Charles (Skip) Hageboeck, president and CEO of City Holding said, "The decision to increase ...