ESQUIRE FINANCIAL HOLDINGS DECLARES A FIRST REGULAR QUARTERLY CASH DIVIDEND FOR COMMON STOCKHOLDERS

Esquire Financial Holdings, Inc. (NASDAQ: ESQ) has declared its first regular quarterly cash dividend of $0.09 per share, payable on June 1, 2022.

Rhea-AI Summary

Esquire Financial Holdings, Inc. (NASDAQ: ESQ) has declared its first regular quarterly cash dividend of $0.09 per share, payable on June 1, 2022. Stockholders of record by May 16, 2022 will receive this dividend. CEO Andrew C. Sagliocca emphasized the company's strong growth and performance, which allows for this reward while aiming to create long-term value for investors and the markets served. This dividend marks a significant milestone for Esquire Financial, showcasing its financial stability and commitment to shareholder returns.

Positive

• First regular quarterly cash dividend of $0.09 per share announced.
• Dividend payment reflects robust growth and financial performance.
• Management expresses commitment to shareholder value and long-term growth.

Negative

• None.

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JERICHO, N.Y., April 28, 2022 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the holding company for Esquire Bank, National Association ("Esquire Bank"), today announced its first regular quarterly cash dividend of $0.09 per share of common stock, payable on June 1, 2022 to each stockholder of record on May 16, 2022.

"Our consistent industry leading growth and returns has afforded us the opportunity to initiate our first and reoccurring quarterly cash dividend," stated Andrew C. Sagliocca, Chief Executive Officer and President. "Our excellent performance provides us the capacity to both reward our shareholders on a current basis and continue to create long-term value beyond our financial sector peer group for our investors, our national and local markets that we serve, and our dedicated employees."

About Esquire Financial Holdings, Inc.

Esquire Financial Holdings, Inc. is a financial holding company headquartered in Jericho, New York, with one branch office in Jericho, New York and an administrative office in Boca Raton, Florida. Its wholly-owned subsidiary, Esquire Bank, National Association, is a full service commercial bank dedicated to serving the financial needs of the legal industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area. The bank offers tailored products and solutions to the legal community and their clients as well as dynamic and flexible payment processing solutions to small business owners. For more information, visit www.esquirebank.com.

 

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SOURCE Esquire Financial Holdings, Inc.

FAQ

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What is the dividend amount announced by Esquire Financial Holdings?

Esquire Financial Holdings announced a dividend of $0.09 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 1, 2022.

Who is eligible for the Esquire Financial dividend?

Shareholders of record as of May 16, 2022, are eligible for the dividend.

How does the dividend impact investors in Esquire Financial Holdings?

The dividend indicates strong financial performance and a commitment to returning value to shareholders.