other material
confidence high
sentiment positive
materiality 0.65
City Holding declares $0.87 dividend and authorizes 1M share buyback (7% of outstanding)
CITY HOLDING CO
- Dividend of $0.87 per share declared; payable April 30, 2026 to shareholders of record April 15, 2026.
- Board authorized buyback of up to 1,000,000 common shares (~7% of outstanding); no time limit, management may suspend at any time.
- Previous share repurchase plan (approved Jan 31, 2024) rescinded; 822,634 shares were repurchased under that plan through March 25, 2026.
- CEO Charles Hageboeck stated the company is 'very well capitalized' and capital continues to grow due to exceptional earnings.