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.

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 $0.30 per share, an increase of $0.01 per share, or 3.4%. The Company has declared 142 consecutive quarterly dividends and has increased the dividend 46 times. The dividend is payable on October 22, 2020, to owners of record on October 13, 2020.

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

 

FAQ

What is the new dividend amount for GBCI announced on September 30, 2020?

The new dividend amount is $0.30 per share.

When will the dividend be paid to shareholders of GBCI?

The dividend will be paid on October 22, 2020.

What is the record date for the GBCI dividend payment?

The record date is October 13, 2020.

How many times has GBCI increased its dividend?

Glacier Bancorp has increased its dividend 46 times.

How long has GBCI been paying dividends?

GBCI has paid dividends for 142 consecutive quarters.