City Holding Co (CHCO) Raises Quarterly Dividend 2.3% to $0.44; 2.8% Yield

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Go back to City Holding Co (CHCO) Raises Quarterly Dividend 2.3% to $0.44; 2.8% Yield

City Holding Company Raises Dividend on Common Shares

March 30, 2017 10:41 AM EDT

CHARLESTON, W. Va.--(BUSINESS WIRE)-- City Holding Company, the Company (NASDAQ: CHCO), a $4.0 billion bank holding company headquartered in Charleston, yesterday declared a dividend of 44 cents per common share for shareholders of record as of April 14, 2017. The dividend is payable on April 28, 2017. The dividend represents a 2.3% increase from the 43 cents per share cash dividend paid in the fourth quarter of 2016.

I am very pleased with the Boards decision to once again increase the quarterly cash dividend, stated Charles (Skip) Hageboeck, President and CEO. This increase reaffirms the Companys commitment of returning... More