Amalgamated Financial Corp. Declares Regular Quarterly Dividend

Rhea-AI Summary

Amalgamated Financial Corp. (Nasdaq: AMAL) has announced its Board of Directors' declaration of a regular quarterly dividend of $0.14 per share. The dividend will be paid on May 22, 2025, to stockholders of record as of May 6, 2025. The company noted that future dividend payments' amount and timing will remain subject to the Board of Directors' discretion.

Positive

• Regular quarterly dividend maintained at $0.14 per share
• Consistent dividend payment signals financial stability

Negative

• None.

News Market Reaction – AMAL

+2.26%

1 alert

+2.26% News Effect

On the day this news was published, AMAL gained 2.26%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has declared a regular dividend to common stockholders of $0.14 per share, payable by the Company on May 22, 2025, to stockholders of record on May 6, 2025. The amount and timing of any future dividend payments to stockholders will be subject to the discretion of the Board of Directors.

About Amalgamated Financial Corp.

Amalgamated Financial Corp. is a Delaware public benefit corporation and a bank holding company engaged in commercial banking and financial services through its wholly-owned subsidiary, Amalgamated Bank. Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of five branches across New York City, Washington D.C., and San Francisco, and a commercial office in Boston. Amalgamated Bank was formed in 1923 as Amalgamated Bank of New York by the Amalgamated Clothing Workers of America, one of the country's oldest labor unions. Amalgamated Bank provides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers. Amalgamated Bank is a proud member of the Global Alliance for Banking on Values and is a certified B Corporation^®. As of December 31, 2024, our total assets were $8.3 billion, total net loans were $4.6 billion, and total deposits were $7.2 billion. Additionally, as of December 31, 2024, our trust business held $35.0 billion in assets under custody and $14.6 billion in assets under management.

Investor Contact:
Jamie Lillis
Solebury Strategic Communications
shareholderrelations@amalgamatedbank.com
800-895-4172

Source: Amalgamated Financial Corp.

FAQ

What is the dividend amount for Amalgamated Financial (AMAL) in Q2 2025?

Amalgamated Financial (AMAL) declared a quarterly dividend of $0.14 per share for Q2 2025.

When is the ex-dividend date for AMAL's Q2 2025 dividend?

Stockholders must be on record by May 6, 2025, to receive the dividend payment.

When will Amalgamated Financial (AMAL) pay its Q2 2025 dividend?

The dividend payment will be made on May 22, 2025.

What is the annual dividend yield for Amalgamated Financial (AMAL)?

Based on the quarterly dividend of $0.14, the annual dividend payment would be $0.56 per share, but the yield depends on the current stock price.