Veritex Holdings, Inc. Declares Cash Dividend on Common Stock
Rhea-AI Summary
Veritex Holdings, Inc. (Nasdaq: VBTX) has declared a quarterly cash dividend of $0.170 per share, payable on or after February 18, 2021. Shareholders on record as of February 4, 2021 will receive the dividend. This announcement emphasizes Veritex's commitment to returning value to its investors amid its ongoing banking operations in the Dallas-Fort Worth and Houston areas. The company operates through its subsidiary, Veritex Community Bank, which is regulated by state and federal authorities.
Positive
- Quarterly cash dividend of $0.170 per share declared.
- Dividend payment reflects the company's commitment to returning value to shareholders.
- Scheduled payment date of February 18, 2021, provides clarity to investors.
Negative
- None.
News Market Reaction – VBTX
In the trading session that priced this news, VBTX declined 5.70%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DALLAS, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank, today announced the declaration of a quarterly cash dividend of
About Veritex Holdings, Inc.
Headquartered in Dallas, Texas, Veritex is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas-Fort Worth metroplex and in the Houston metropolitan area. Veritex Community Bank is a Texas state chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System. For more information, visit www.veritexbank.com.
Forward Looking Statement
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements include statements regarding Veritex's projected plans and objectives, including the expected payment date of its common stock dividend. Forward-looking statements are typically identified by words such as “believe,” “expect,” “anticipate,” “intend,” “target,” “estimate,” “continue,” “positions,” “prospects” or “potential,” by future conditional verbs such as “will,” “would,” “should,” “could” or “may”, or by variations of such words or by similar expressions. These forward-looking statements are subject to numerous assumptions, risks and uncertainties which change over time. Forward-looking statements speak only as of the date they are made and Veritex assumes no duty to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.
Source: Veritex Holdings, Inc.