Carter Bank & Trust (CARE) Declares $0.14 Special Dividend; 0.7% Yield

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Go back to Carter Bank & Trust (CARE) Declares $0.14 Special Dividend; 0.7% Yield

Carter Bank & Trust Announces One-time Special Dividend

February 11, 2020 2:18 PM EST

MARTINSVILLE, VA / ACCESSWIRE / February 11, 2020 / The Board of Directors of Carter Bank & Trust (the "Bank") (NASDAQ: CARE) today announced the declaration of a special one-time cash dividend of $0.14 per share. This dividend will be paid on March 3, 2020 to shareholders of record as of February 18, 2020. The Bank's Chief Executive Officer, Litz H. Van Dyke, noted in the Board making this decision, "We are encouraged by our core earnings over the past several quarters as well as our progress in improving the risk profile of our balance sheet. While we are cognizant that... More