Veritex Holdings, Inc. Declares Cash Dividend on Common Stock

Rhea-AI Summary

Veritex Holdings (Nasdaq: VBTX) has announced a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend will be paid on or after February 28, 2025 to shareholders of record as of February 14, 2025.

Veritex, headquartered in Dallas, Texas, operates through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas-Fort Worth metroplex and Houston metropolitan area. The bank is regulated by the Texas Department of Banking and the Federal Reserve System.

Positive

• Maintaining consistent dividend payments, indicating financial stability
• $0.20 per share quarterly dividend provides steady income for shareholders

Negative

• None.

DALLAS, Jan. 28, 2025 (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 $0.20 per share on its outstanding common stock. The dividend will be paid on or after February 28, 2025 to shareholders of record as of February 14, 2025.

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 includes “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,” “seek,” “plan,” “outlook,” “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 and are beyond Veritex’s control. Forward-looking statements speak only as of the date they are made and Veritex assumes no duty to supplement, update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Source: Veritex Holdings, Inc.

FAQ

What is the dividend amount for Veritex Holdings (VBTX) in Q1 2025?

Veritex Holdings (VBTX) declared a quarterly cash dividend of $0.20 per share for Q1 2025.

When is the record date for VBTX's Q1 2025 dividend?

The record date for VBTX's Q1 2025 dividend is February 14, 2025.

When will VBTX pay its Q1 2025 dividend?

VBTX will pay the dividend on or after February 28, 2025.

Who is eligible for VBTX's February 2025 dividend payment?

Shareholders who own VBTX stock by the record date of February 14, 2025, are eligible for the dividend payment.

What is the annual dividend yield for VBTX based on the Q1 2025 payment?

Based on the quarterly dividend of $0.20 per share, VBTX's annual dividend payment would be $0.80 per share.