Bank of Commerce Holdings (BOCH) Declares $0.05 Quarterly Dividend; Approves Stock Repurchase Plan

Bank of Commerce Holdings (NASDAQ: BOCH) declared a quarterly dividend of $0.05 per share, or $0.2 annualized.

The dividend will be payable on October 11, 2019, to stockholders of record on October 1, 2019, with an ex-dividend date of September 30, 2019.

The annual yield on the dividend is 1.8 percent.

The stock repurchase program authorizes the Company to purchase up to one million shares of its common stock over a period ending March 31, 2020 and is effective immediately. Purchases may be made in the open market, including in block trades, or through privately negotiated transactions, from time to time when management determines that market conditions and other factors warrant such purchases. There is no guarantee as to the exact number of shares to be purchased, and the stock repurchase program may be modified, suspended, or terminated without prior notice.

For a dividend history and other dividend-related data on Bank of Commerce Holdings (BOCH) click here.

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