City Holding Co (CHCO) Raises Quarterly Dividend 1.8% to $0.58; 3.3% Yield

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City Holding Company Increases Quarterly Dividend On Common Shares

December 16, 2020 4:38 PM EST

CHARLESTON, W. Va.--(BUSINESS WIRE)-- City Holding Company, the Company (NASDAQ: CHCO), a $5.5 billion bank holding company headquartered in Charleston, today declared a dividend of 58 cents per common share for shareholders of record as of January 15, 2021. The dividend is payable on January 29, 2021. The dividend represents a 1.75% increase from the 57 cents per share cash dividend paid in the third quarter of 2020.

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