City Holding Co (CHCO) Raises Quarterly Dividend 15.2% to $0.53; 2.8% Yield

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Go back to City Holding Co (CHCO) Raises Quarterly Dividend 15.2% to $0.53; 2.8% Yield

City Holding Company Increases Quarterly Dividend On Common Shares

September 26, 2018 4:05 PM EDT

CHARLESTON, W. Va.--(BUSINESS WIRE)-- City Holding Company, the Company (NASDAQ: CHCO), a $4.4 billion bank holding company headquartered in Charleston, today declared a dividend of 53 cents per common share for shareholders of record as of October 15, 2018. The dividend is payable on October 31, 2018. The dividend represents a 15.2% increase from the 46 cents per share cash dividend paid in the third quarter of 2018.

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... More