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Glacier Bancorp, Inc. Declares Quarterly Dividend

Glacier Bancorp, Inc. (NYSE: GBCI) announced a quarterly dividend of $0.33 per share on March 29, 2023.

(Neutral)

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Rhea-AI Summary

Glacier Bancorp, Inc. (NYSE: GBCI) announced a quarterly dividend of $0.33 per share on March 29, 2023. This marks the 152nd consecutive quarterly dividend declared by the company, which has increased dividends 49 times since its inception. The dividend payment is scheduled for April 20, 2023, to shareholders recorded as of April 11, 2023.

This consistent performance underscores the company's commitment to delivering value to its shareholders.

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Positive

  • Declared a quarterly dividend of $0.33 per share, reflecting financial stability.
  • Achieved 152 consecutive quarterly dividends, indicating consistent shareholder returns.
  • Increased dividends 49 times, demonstrating strong management confidence and growth.

Negative

  • None.
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-1.52% session move Open Argus
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News Market Reaction – GBCI

The recorded move for GBCI in the trading session of this news was -1.52%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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KALISPELL, Mont., March 29, 2023 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc.'s (NYSE: GBCI) Board of Directors, at a meeting held on March 29, 2023, declared a quarterly dividend of $0.33 per share. The Company has declared 152 consecutive quarterly dividends and has increased the dividend 49 times. The dividend is payable on April 20, 2023, to owners of record on April 11, 2023.

About Glacier Bancorp, Inc.:

Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions: Altabank (American Fork, UT), Bank of the San Juans (Durango, CO), Citizens Community Bank (Pocatello, ID), Collegiate Peaks Bank (Buena Vista, CO), First Bank of Montana (Lewistown, MT), First Bank of Wyoming (Powell, WY), First Community Bank Utah (Layton, UT), First Security Bank (Bozeman, MT), First Security Bank of Missoula (Missoula, MT), First State Bank (Wheatland, WY), Glacier Bank (Kalispell, MT), Heritage Bank of Nevada (Reno, NV), Mountain West Bank (Coeur d’Alene, ID), North Cascades Bank (Chelan, WA), The Foothills Bank (Yuma, AZ), Valley Bank of Helena (Helena, MT), and Western Security Bank (Billings, MT).

Visit Glacier’s website at http://www.glacierbancorp.com

Contact: Randall M. Chesler, CEO
(406) 751-4722
Ron J. Copher, CFO
(406) 751-7706


FAQ

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

What is the dividend amount declared by Glacier Bancorp on March 29, 2023?

Glacier Bancorp declared a dividend of $0.33 per share on March 29, 2023.

When will the dividend be payable for GBCI?

The dividend will be payable on April 20, 2023.

What is the record date for the dividend declared by GBCI?

The record date for the dividend is April 11, 2023.

How many consecutive quarterly dividends has GBCI declared?

GBCI has declared 152 consecutive quarterly dividends.

How many times has GBCI increased its dividend?

GBCI has increased its dividend 49 times.

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