City Holding Co (CHCO) Raises Quarterly Dividend 8.3% to $0.65; 2.9% Yield

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City Holding Company Increases Quarterly Dividend On Common Shares

September 28, 2022 4:00 PM EDT

CHARLESTON, W.Va.--(BUSINESS WIRE)-- City Holding Company, the Company (NASDAQ: CHCO), a $5.9 billion bank holding company headquartered in Charleston, on September 28, 2022 declared a dividend of 65 cents per common share for shareholders of record as of October 14, 2022. The dividend is payable on October 31, 2022. The dividend represents an 8.3% increase from the 60 cents per share cash dividend paid in the second quarter of 2022.

Our board voted to increase the quarterly cash dividend by 5 cents to 65 cents, stated Charles (Skip) Hageboeck, President and CEO. This strong increase reinforces the Company's commitment of returning value to its... More