City Holding Co (CHCO) Raises Quarterly Dividend 4.5% to $0.46; 2.7% Yield

City Holding Co (NASDAQ: CHCO) declared a quarterly dividend of $0.46 per share, or $1.84 annualized. This is a 4.5% increase from the prior dividend of $0.44.

The dividend will be payable on January 31, 2018, to stockholders of record on January 15, 2018, with an ex-dividend date of January 11, 2018.

The annual yield on the dividend is 2.7 percent.

“I am very pleased with the Board’s decision to once again increase the quarterly cash dividend,” stated Charles (Skip) Hageboeck, President and CEO. “This increase reaffirms the Company’s commitment of returning value to its shareholders. The decision to increase the dividend to $1.84 on an annualized basis is based on the Company’s current strong capital and liquidity position, our outstanding financial performance during 2017, and our confidence in the Company’s ability to sustain this performance.”

For a dividend history and other dividend-related data on City Holding Co (CHCO) click here
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