Berkshire Hills Announces Quarterly Shareholder Dividend

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%

+0.33% Session move

In the trading session that priced this news, BHLB gained 0.33%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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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SOURCE Berkshire Hills Bancorp, Inc.

FAQ

What is the dividend amount for Berkshire Hills Bancorp (BHLB) in Q4 2024?

Berkshire Hills Bancorp (BHLB) declared a quarterly dividend of $0.18 per common share for Q4 2024.

When is the dividend payment date for BHLB's Q4 2024 dividend?

The dividend payment date is November 27, 2024.

What is the record date for BHLB's Q4 2024 dividend?

The record date for BHLB's dividend is November 14, 2024.

How often does Berkshire Hills Bancorp (BHLB) pay dividends?

Berkshire Hills Bancorp pays dividends on a quarterly basis.