dividend
confidence high
sentiment positive
materiality 0.55
USCB Financial Holdings initiates quarterly dividend of $0.05/share, payable March 5, 2024
USCB FINANCIAL HOLDINGS, INC.
- First cash dividend of $0.05 per share on Class A common stock declared.
- Payable March 5, 2024 to shareholders of record as of February 15, 2024.
- Aggregate payout of ~$978,000, representing 36% of Q4 2023 net income.
- Annualized yield of 1.65% based on January 26, 2024 closing price of $12.15.
- Future dividends subject to quarterly board review and approval.