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Berkshire Hills Announces Quarterly Shareholder Dividend

Berkshire Hills Bancorp (NYSE: BHLB) has declared a quarterly cash dividend of $0.18 per common share.

(Neutral)

Sentiment and the balance of points

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dividends

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 May 29, 2025, to shareholders who are recorded in the company's books at the close of business on May 15, 2025. This dividend announcement reflects the company's commitment to providing regular returns to its shareholders.

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Positive

  • Regular dividend payment demonstrates financial stability and commitment to shareholder returns

Negative

  • None.
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+2.07% session move Open Argus
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News Market Reaction – BHLB

The recorded move for BHLB in the trading session of this news was +2.07%.

Data tracked by StockTitan Argus. Session date unavailable.

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BOSTON, May 2, 2025 /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 May 15, 2025, payable on May 29, 2025.

About Berkshire Hills Bancorp

Berkshire Hills Bancorp, Inc. (NYSE: BHLB) is the parent company of Berkshire Bank, a relationship-driven, community-focused bank with $12.0 billion in assets and 83 financial centers in New England and New York. Berkshire is headquartered in Boston and offers commercial, retail, wealth, and private banking solutions.

Investor Relations Contact

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

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/berkshire-hills-announces-quarterly-shareholder-dividend-302444724.html

SOURCE Berkshire Hills Bancorp, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Berkshire Hills Bancorp (BHLB) announced in May 2025?

Berkshire Hills Bancorp announced a quarterly cash dividend of $0.18 per common share.

When is the payment date for BHLB's Q2 2025 dividend?

The dividend payment date is May 29, 2025.

What is the record date for Berkshire Hills' May 2025 dividend?

The record date for the dividend is May 15, 2025, at the close of business.

How often does BHLB pay dividends to shareholders?

Berkshire Hills Bancorp pays dividends on a quarterly basis to its shareholders.

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