QCR Holdings (QCRH) Declares $0.04 Quarterly Dividend; Chairman Brownson Retires

QCR Holdings (NASDAQ: QCRH) declared a quarterly dividend of $0.04 per share, or $0.16 annualized.

The dividend will be payable on July 6, 2016, to stockholders of record on June 17, 2016, with an ex-dividend date of June 15, 2016.

The annual yield on the dividend is 0.6 percent.

They also announced that on May 13, 2016, James (Jim) J. Brownson retired as Chair of the board of directors and that Vice Chair Patrick (Pat) S. Baird assumed the role as the new Chair. Douglas M. Hultquist, President and CEO of QCR Holdings, Inc., said, “On behalf of all of the employees and board members of QCR Holdings, I would like to express our deepest thanks to Jim Brownson for his leadership and guidance as Chair of our board for the past 9 years. Jim has been an energetic and passionate advocate for our Company since its inception more than 22 years ago. We are grateful that Jim will continue to serve as a director to assist in a seamless transition. Pat, as our newly appointed Chair, will be integral to our growth and success in the coming years and we are very appreciative of his willingness to serve in this role.” Mr. Baird has served as a director of QCR Holdings for 12 years and is the retired President and CEO of AEGON USA, LLC.

For a dividend history and other dividend-related data on QCR Holdings (QCRH) click here.

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