Community Heritage Financial, Inc. Announces First Quarter 2023 Dividend

Rhea-AI Summary

Community Heritage Financial, Inc. (OTCPK: CMHF) has declared a quarterly cash dividend of $0.06 per share, set to be paid on May 12, 2023. Shareholders on record as of May 5, 2023 will receive this dividend. This announcement reflects the company’s ongoing commitment to returning value to its investors. Middletown Valley Bank, a subsidiary of Community Heritage Financial, provides personal and business banking services in several Maryland counties and Franklin County, Pennsylvania. Established in 1908, the bank continues to serve its community while maintaining a focus on shareholder value.

Positive

• Quarterly cash dividend of $0.06 per share supports shareholder income.
• Demonstrates company confidence in ongoing financial health and stability.

Negative

• None.

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

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MIDDLETOWN, Md., April 24, 2023 /PRNewswire/ -- Community Heritage Financial, Inc. (OTCPK: CMHF), announced today its Board of Directors declared a quarterly cash dividend on its common stock of $0.06 per share. The dividend is payable on May 12, 2023 to shareholders of record on May 5, 2023.

Community Heritage Financial, Inc. is the parent company of Middletown Valley Bank (the "Bank"). Middletown Valley Bank provides personal and business banking services, as well as mortgage lending services through its wholly owned subsidiary, Millennium Financial Services, Inc. (Mlend). Originating in Middletown, Maryland in 1908, today the Bank operates offices in the Maryland counties of Frederick, Washington, Garrett and Anne Arundel, and Franklin County, Pennsylvania. For more information, visit www.communityheritageinc.com or www.mvbbank.com.

Investor Relations Contact:

Community Heritage Financial, Inc.
Robert E. (BJ) Goetz, Jr.
President & Chief Executive Officer
301-371-3055
bjgoetz@mvbbank.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/community-heritage-financial-inc-announces-first-quarter-2023-dividend-301805515.html

SOURCE Community Heritage Financial, Inc.

FAQ

What is the dividend amount declared by Community Heritage Financial, Inc.?

The dividend amount declared is $0.06 per share.

When is the dividend payable for CMHF?

The dividend is payable on May 12, 2023.

What is the record date for the CMHF dividend?

The record date for the dividend is May 5, 2023.

How often does Community Heritage Financial, Inc. declare dividends?

Community Heritage Financial typically declares dividends quarterly.

Is the dividend from CMHF sustainable?

The sustainability of the dividend can depend on the company's ongoing financial performance and market conditions.