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QCR Holdings, Inc. Announces a Cash Dividend of $0.06 Per Share

QCR Holdings, Inc. (NASDAQ: QCRH) has declared a cash dividend of $0.06 per share, payable on October 6, 2021.

(Neutral)

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.

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dividends

Rhea-AI Summary

QCR Holdings, Inc. (NASDAQ: QCRH) has declared a cash dividend of $0.06 per share, payable on October 6, 2021. This dividend announcement was made on August 19, 2021, and shareholders of record as of September 17, 2021 will be eligible. With approximately $5.8 billion in assets and $4.7 billion in deposits as of June 30, 2021, QCR Holdings operates multiple banks across Iowa, Missouri, Wisconsin, and Illinois, providing diverse banking services to the Quad Cities and surrounding areas.

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Positive

  • Dividend declaration of $0.06 per share.
  • Strong asset position with approximately $5.8 billion.
  • Solid deposit base of $4.7 billion.

Negative

  • None.
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+1.30% session move Open Argus
Details

News Market Reaction – QCRH

The recorded move for QCRH in the trading session of this news was +1.30%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MOLINE, Ill., Aug. 20, 2021 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) today announced that on August 19, 2021 the Company’s board of directors declared a cash dividend of $0.06 per share payable on October 6, 2021, to holders of common stock of the Company of record on September 17, 2021.

About Us

QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny and Springfield communities through its wholly-owned subsidiary banks. The banks provide full-service commercial and consumer banking and trust and wealth management services. Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994, Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, commenced operations in 2001, Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016, and Springfield First Community Bank, based in Springfield, Missouri, was acquired by the Company in 2018. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company. Quad City Bank & Trust Company offers equipment loans and leases to businesses through its wholly-owned subsidiary, m2 Equipment Finance, LLC, based in Milwaukee, Wisconsin, and also provides correspondent banking services. The Company has 23 locations in Iowa, Missouri, Wisconsin and Illinois. As of June 30, 2021, the Company had approximately $5.8 billion in assets, $4.4 billion in loans and $4.7 billion in deposits. For additional information, please visit the Company’s website at www.qcrh.com.

Contacts:

Todd A. Gipple
Kim K. Garrett
PresidentVice President, Corporate Communications
Chief Operating OfficerInvestor Relations Manager
Chief Financial Officer(319) 743-7006
(309) 743-7745kgarrett@qcrh.com 
tgipple@qcrh.com  

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by QCR Holdings?

QCR Holdings has declared a cash dividend of $0.06 per share.

When is the dividend payment date for QCRH?

The dividend payment date is October 6, 2021.

What is the record date for the QCRH dividend?

The record date for the dividend is September 17, 2021.

How are QCR Holdings' assets as of June 30, 2021?

As of June 30, 2021, QCR Holdings had approximately $5.8 billion in assets.

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