Community Heritage Financial, Inc. Announces Third Quarter 2020 Dividend

Community Heritage Financial announced a quarterly cash dividend of $0.04 per share, payable on November 6, 2020, to shareholders of record as of October 30, 2020.

Rhea-AI Impact

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Rhea-AI Sentiment

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Community Heritage Financial announced a quarterly cash dividend of $0.04 per share, payable on November 6, 2020, to shareholders of record as of October 30, 2020. The company, which operates Middletown Valley Bank and Millennium Financial Group, is based in Middletown, Maryland. This dividend reflects the company’s ongoing commitment to returning value to its shareholders.

Positive

Declaration of a quarterly dividend of $0.04 per share, indicating a commitment to shareholder value.
Positive cash flow management reflected in the ability to distribute dividends.

Negative

None.

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

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10/16/2020 - 01:58 PM

MIDDLETOWN, Md., Oct. 16, 2020 /PRNewswire/ -- Community Heritage Financial, Inc. (OTC Pink: CMHF), announced today its Board of Directors declared a quarterly cash dividend on its common stock of $0.04 per share. The dividend is payable on November 6, 2020 to shareholders of record on October 30, 2020.

Community Heritage Financial, Inc. is the parent company for its wholly owned subsidiaries Middletown Valley Bank and Millennium Financial Group, Inc (Mlend). Middletown Valley Bank is a full-service commercial and retail bank with seven locations in Frederick County and Washington County, Maryland, as well as a loan production office in Garrett County, Maryland. For more information, visit http://www.mvbbank.com/.

Mlend is a full-service mortgage lender headquartered in Middletown, Maryland with locations in Crofton and Oakland, Maryland. For more information visit http://mlend.com/.

Investor Relations Contact:

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

View original content to download multimedia:http://www.prnewswire.com/news-releases/community-heritage-financial-inc-announces-third-quarter-2020-dividend-301154159.html

SOURCE Community Heritage Financial, Inc.

FAQ

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

What is the dividend amount for CMHF in 2020?

The dividend amount for Community Heritage Financial (CMHF) in 2020 is $0.04 per share.

When is the dividend for CMHF payable?

The dividend for CMHF is payable on November 6, 2020.

What is the record date for the CMHF dividend?

The record date for the CMHF dividend is October 30, 2020.

How often does CMHF pay dividends?

CMHF pays dividends quarterly.

Is the dividend from CMHF sustainable?

The sustainability of CMHF's dividend can be assessed based on their cash flow and financial performance, which appear stable in this report.

Community Heritage Financial, Inc. Announces Third Quarter 2020 Dividend