USCB Financial Holdings, Inc. Declares Quarterly Cash Dividend on Common Stock
Rhea-AI Summary
USCB Financial Holdings, Inc. (NASDAQ: USCB), the parent company of U.S. Century Bank, has announced a quarterly cash dividend of $0.05 per share on its Class A common stock. The dividend is payable on September 5, 2024, to shareholders of record as of the close of business on August 15, 2024. This decision, made by the company's Board of Directors, demonstrates USCB's commitment to providing regular returns to its shareholders. However, it's important to note that future dividend payments are subject to quarterly review and approval by the Board, indicating that the company maintains flexibility in its dividend policy based on ongoing financial performance and market conditions.
Positive
- Regular quarterly dividend payment indicates financial stability
- Commitment to shareholder returns through consistent dividend policy
Negative
- None.
News Market Reaction – USCB
In the trading session that priced this news, USCB gained 0.40%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MIAMI, July 22, 2024 (GLOBE NEWSWIRE) -- USCB Financial Holdings, Inc. (the “Company”) (NASDAQ: USCB), the holding company for U.S. Century Bank (the “Bank”), announced today that its Board of Directors declared a regular quarterly cash dividend of
About USCB Financial Holdings, Inc.
USCB Financial Holdings, Inc. is the bank holding company for U.S. Century Bank. Established in 2002, U.S. Century Bank is one of the largest community banks headquartered in Miami, and one of the largest community banks in the State of Florida. U.S. Century Bank is rated 5-Stars by BauerFinancial, the nation’s leading independent bank rating firm. U.S. Century Bank offers customers a wide range of financial products and services and supports numerous community organizations, including the Greater Miami Chamber of Commerce, the South Florida Hispanic Chamber of Commerce, and ChamberSouth. For more information or to find a U.S. Century Bank banking center near you, please call (305) 715-5200 or visit www.uscentury.com.
Contacts:
Investor Relations
InvestorRelations@uscentury.com
Martha Guerra-Kattou
(305) 715-5141
MGuerra@uscentury.com
