Glacier Bancorp, Inc. Increases Quarterly Dividend
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.
Sentiment and the balance of points
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.
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.
Details
News Market Reaction – GBCI
The recorded move for GBCI in the trading session of this news was +4.38%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
FAQ
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