dividend
confidence high
sentiment positive
materiality 0.60
City Holding raises quarterly dividend 10% to $0.79 per share
CITY HOLDING CO
- Dividend of $0.79 per share declared, payable Oct 31 to holders of record Oct 15.
- Represents a 10% increase from the prior $0.715 quarterly dividend.
- Annualized dividend rises to $3.16 per share.
- CEO cites strong capital, liquidity, and 2024 performance as rationale for increase.
- Company operates 97 branches across WV, KY, VA, and OH via City National Bank.