Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share

Rhea-AI Summary

Heritage Commerce Corp (HTBK) has declared a regular quarterly cash dividend of $0.13 per share to common stock holders. The dividend will be paid on November 21, 2024, to shareholders of record as of November 7, 2024. The company has maintained consistent quarterly dividend payments since 2013. Heritage Commerce Corp, established in 1997, operates through Heritage Bank of Commerce with full-service branches across multiple California locations, including San Jose, San Francisco, and Walnut Creek.

Positive

• Consistent dividend payment track record since 2013
• Maintains quarterly dividend of $0.13 per share
• Extensive branch network across major California locations

Negative

• None.

SAN JOSE, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce (the “Bank”), today announced that its Board of Directors had declared its regular quarterly cash dividend of $0.13 per share to holders of its common stock. The dividend will be payable on November 21, 2024, to shareholders of record at the close of the business day on November 7, 2024. Heritage Commerce Corp has paid a cash dividend each quarter since 2013.

“We are committed to providing returns to our shareholders through consistent quarterly cash dividends,” said Clay Jones, President and Chief Executive Officer.

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, Oakland, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, 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. The contents of our website are not incorporated into, and do not form a part of, this release or of our filings with the Securities and Exchange Commission.

Member FDIC

For additional information, contact:
Debbie Reuter
EVP, Corporate Secretary
Direct: (408) 494-4542
Debbie.Reuter@herbank.com

FAQ

When will Heritage Commerce Corp (HTBK) pay its next dividend?

Heritage Commerce Corp will pay its next quarterly dividend of $0.13 per share on November 21, 2024.

What is the record date for HTBK's Q4 2024 dividend?

The record date for Heritage Commerce Corp's Q4 2024 dividend is November 7, 2024.

How long has Heritage Commerce Corp (HTBK) been paying quarterly dividends?

Heritage Commerce Corp has consistently paid quarterly cash dividends since 2013.

What is the current quarterly dividend amount for HTBK stock?

The current quarterly dividend amount for Heritage Commerce Corp stock is $0.13 per share.