Heritage Commerce (HTBK) Declares $0.08 Quarterly Dividend; 3.6% Yield
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Heritage Commerce Corp and Focus Business Bank Plan to Merge
April 23, 2015 4:47 PM EDTSAN JOSE, Calif., April 23, 2015 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the parent company of Heritage Bank of Commerce ("Heritage"), and Focus Business Bank (OTCQB: FCSB) ("Focus") today jointly announced the execution of a definitive agreement and plan of merger and reorganization (the "Agreement") whereby Focus will merge into Heritage in a transaction valued at approximately $54.8 million. The transaction combines two of the leading commercial banking franchises in San Jose, California with more than $2 billion in combined assets.
The board of... More
Heritage Commerce Corp Declares Quarterly Cash Dividend of $0.08 Per Share
April 23, 2015 4:46 PM EDTSAN JOSE, Calif., April 23, 2015 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), today announced that its Board of Directors declared a quarterly cash dividend of $0.08 per share to holders of common stock and Series C Preferred Stock (on an as converted... More
