Glacier Bancorp, Inc. Increases Quarterly Dividend
Rhea-AI Summary
On September 30, 2020, Glacier Bancorp, Inc. (NASDAQ: GBCI) declared a quarterly dividend of $0.30 per share, marking a 3.4% increase from the previous dividend. This payment is scheduled for October 22, 2020, to shareholders on record by October 13, 2020. This announcement highlights the company's strong commitment to returning value to its investors, maintaining a track record of 142 consecutive quarterly dividends and 46 increases overall.
Positive
- Quarterly dividend increased by 3.4%, from $0.29 to $0.30 per share.
- 142 consecutive quarterly dividends declared.
- 46 total dividend increases since inception.
Negative
- None.
News Market Reaction – GBCI
On the day this news was published, GBCI gained 4.38%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
KALISPELL, Mont., Oct. 01, 2020 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc.'s (NASDAQ: GBCI) Board of Directors, at a meeting held on September 30, 2020, declared a quarterly dividend of
About Glacier Bancorp, Inc.:
Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions: 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