Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
Heritage Commerce Corp (Nasdaq: HTBK) has declared a quarterly cash dividend of $0.13 per share, payable on May 26, 2022, to shareholders of record by May 12, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
Heritage Commerce Corp (Nasdaq: HTBK) has declared a quarterly cash dividend of $0.13 per share, payable on May 26, 2022, to shareholders of record by May 12, 2022. Established in 1997, the company operates Heritage Bank of Commerce, providing a range of financial services through its branches in California. As an SBA Preferred Lender, it aims to support various industries with financing solutions. This dividend demonstrates the company's commitment to returning income to its shareholders and reflects its financial health.
Positive
- Quarterly cash dividend of $0.13 per share indicates financial stability and commitment to shareholders.
Negative
- None.
Details
News Market Reaction – HTBK
The recorded move for HTBK in the trading session of this news was -2.35%.
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SAN JOSE, Calif., April 28, 2022 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors declared its regular quarterly cash dividend of
Heritage Commerce Corp, a bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, Sunnyvale, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, is based in San Jose, CA and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, please visit www.heritagecommercecorp.com.
Member FDIC
For additional information, contact:
Debbie Reuter
EVP, Corporate Secretary
Direct: (408) 494-4542
Debbie.Reuter@herbank.com
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