Berkshire Hills Announces Quarterly Shareholder Dividend

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Berkshire Hills Bancorp (NYSE: BHLB) has declared a quarterly cash dividend of $0.18 per common share. The dividend will be paid on November 27, 2024, to shareholders of record as of November 14, 2024. This announcement follows the Board of Directors' approval of the quarterly shareholder distribution.

Positive

Maintains consistent dividend payment, demonstrating financial stability
Quarterly dividend of $0.18 per share provides steady income for shareholders

Negative

None.

News Market Reaction – BHLB

+0.33%

1 alert

+0.33% News Effect

On the day this news was published, BHLB gained 0.33%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

11/01/2024 - 07:30 AM

BOSTON, Nov. 1, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on November 14, 2024, payable on November 27, 2024.

About Berkshire Hills Bancorp

Headquartered in Boston, Berkshire Hills Bancorp is the parent of Berkshire Bank. With $11.6 billion in assets and 83 branches in New England and New York, the Bank provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Management services. Access more information about Berkshire Hills Bancorp at ir.berkshirebank.com.

Investor Relations Contact

Kevin Conn, Senior Managing Director, Investor Relations & Corporate Development
Email: KAConn@berkshirebank.com
Tel: (617) 641-9206

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