City Holding Company ( NASDAQ:CHCO ) will increase its dividend on the 31st of October to $0.715, which is 10.0% higher...
CHARLESTON, W. Va., September 27, 2023--City Holding Company, "the Company" (NASDAQ: CHCO), a $6.1 billion bank holding company headquartered in Charleston, on September 27, 2023 declared a dividend of 71.5 cents per common share for shareholders of record as of October 13, 2023. The dividend is payable on October 31, 2023. The dividend represents a 10.0% increase from the 65 cents per share cash dividend paid in the second quarter of 2023.
City Holding (CHCO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).