City Holding raises quarterly dividend to $1.00
The quarterly payment is 15% above the 87 cents per-share cash dividend paid for the second quarter of 2026.
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.
Form Type
8-K
Rhea-AI Filing Summary
City Holding Company (CHCO) declared a quarterly cash dividend of $1.00 per common share, payable October 30, 2026, to shareholders of record October 15, 2026. The company said the dividend is a 15% increase from the 87 cents per share paid for the second quarter of 2026.
President and CEO Charles (Skip) Hageboeck said the dividend increase is to $4.00 on an annualized basis.
Positive
- Minor pointQuarterly cash dividend increased 15% to $1.00 per common share.
Negative
- None.
Insights
Analyzing...
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Quarterly cash dividend: $1.00 per common share
Dividend increase: 15%
Prior cash dividend: 87 cents per share
+3 more
6 metrics
Quarterly cash dividend
$1.00 per common share
Declared September 30, 2026
Dividend increase
15%
Compared with the second-quarter 2026 cash dividend
Prior cash dividend
87 cents per share
Paid for the second quarter of 2026
Annualized dividend
$4.00
Annualized basis stated by the President and CEO
Record date
October 15, 2026
Shareholders of record are eligible for the declared dividend
Payment date
October 30, 2026
Declared quarterly cash dividend
Key Terms
shareholders of record, annualized basis, forward-looking statements, safe harbor provisions
4 terms
annualized basis financial
"$4.00 on an annualized basis"
Annualized basis means converting a return, rate, or growth observed over a shorter period into the equivalent over a full year, so different time spans can be compared directly. Think of it like measuring how many miles you’d drive in a year based on a week’s trips; investors use it to compare performance, interest rates, or growth, but it’s a projection and doesn’t guarantee the same pace will continue for the full year.
forward-looking statements regulatory
"Forward-looking statements express only management’s beliefs regarding future results or events"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
safe harbor provisions regulatory
"included pursuant to the safe harbor provisions"
Safe harbor provisions are rules or legal protections that shield companies or individuals from certain penalties or liabilities when they follow specific guidelines or procedures. They provide a sense of security, encouraging compliance and innovation by reducing the fear of legal repercussions if they act in good faith. For investors, these provisions help ensure that companies are transparent and accountable without the risk of unfair punishment for honest mistakes.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is CHCO's new quarterly dividend?
City Holding Company declared a quarterly cash dividend of $1.00 per common share, a 15% increase from the 87 cents per share paid for the second quarter of 2026. It is payable October 30, 2026, to shareholders of record October 15, 2026.
Why did City Holding Company (CHCO) raise its dividend?
President and CEO Charles (Skip) Hageboeck said the decision was based on the company's current strong capital and liquidity position, its financial performance during 2026, and confidence in its ability to sustain that performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C., 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): September 30, 2026
(Exact Name of Registrant as Specified in its Charter)
Commission File Number: 0-11733
| (State or Other Jurisdiction of | (I.R.S. Employer | ||||
| Incorporation or Organization) | Identification No.) | ||||
(Address of Principal Executive Offices, Including Zip Code)
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | |||||
| Emerging growth company | |||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | |||||
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Section 8 – Other Events
Item 8.01 Other Events.
On September 30, 2026, City Holding Company (“the Company”) issued a news release, attached as Exhibit 99.1, announcing the declaration of a $1.00 per common share cash dividend for shareholders of record as of October 15, 2026, payable on October 30, 2026. The dividend represents a 15% increase from the 87 cents per share cash dividend paid for the second quarter of 2026. Furnished as Exhibit 99.1 and incorporated herein by reference is the news release issued by the Company announcing its increase in dividends payable to common shareholders.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
| 99.1 | News Release issued September 30, 2026 | ||||
Signatures
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the Undersigned hereunto duly authorized.
| Dated: September 30, 2026 | City Holding Company | ||||
| By: | /s/ David L. Bumgarner | ||||
| David L. Bumgarner | |||||
| Senior Executive Vice President & Chief Financial Officer | |||||
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Exhibit 99.1 NEWS RELEASE | ||
For Immediate Release
September 30, 2026
For Further Information Contact:
David L. Bumgarner, Senior EVP & CFO
(304) 769-1169
City Holding Company Increases Quarterly
Dividend On Common Shares
Charleston, West Virginia – City Holding Company, “the Company” (NASDAQ: CHCO), a $6.8 billion bank holding company headquartered in Charleston, on September 30, 2026 declared a dividend of $1.00 per common share for shareholders of record as of October 15, 2026. The dividend is payable on October 30, 2026. The dividend represents a 15% increase from the 87 cents per share cash dividend paid in the second quarter of 2026.
“City’s board today once again reaffirmed the Company’s commitment of returning value to its shareholders by voting to approve an increase in the quarterly cash dividend of 13 cents to $1.00 per quarter,” stated Charles (Skip) Hageboeck, President and CEO. “The decision to increase the dividend to $4.00 on an annualized basis is based on the Company's current strong capital and liquidity position, our financial performance during 2026, and our confidence in the Company's ability to sustain this performance.”
City Holding Company is the parent company of City National Bank of West Virginia. City National Bank operates 95 branches across West Virginia, Kentucky, Virginia, and Ohio. The Company’s stock is traded on the NASDAQ Global Select Market under the quotation symbol “CHCO”.
Forward-Looking Information
This news release contains certain forward-looking statements that are included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements express only management’s beliefs regarding future results or events and are subject to inherent uncertainty, risks, and changes in circumstances, many of which are outside of management’s control. Uncertainty, risks, changes in circumstances and other factors could cause the Company’s actual results to differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ from those discussed in such forward-looking statements include, but are not limited to those set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 under “ITEM 1A Risk Factors” and the following: (1) general economic conditions, especially in the communities and markets in which we conduct our business; (2) credit risk, including risk that negative credit quality trends may lead to a deterioration of asset quality, risk that our allowance for credit losses may not be sufficient to
absorb actual losses in our loan portfolio, and risk from concentrations in our loan portfolio; (3) changes in the real estate market, including the value of collateral securing portions of our loan portfolio; (4) changes in the interest rate environment; (5) operational risk, including cybersecurity risk and risk of fraud, data processing system failures, and network breaches; (6) changes in technology and increased competition, including competition from non-bank financial institutions; (7) changes in consumer preferences, spending and borrowing habits, demand for our products and services, and customers’ performance and creditworthiness; (8) difficulty growing loan and deposit balances; (9) our ability to effectively execute our business plan, including with respect to future acquisitions; (10) changes in regulations, laws, taxes, government policies, monetary policies and accounting policies affecting bank holding companies and their subsidiaries, including changes in deposit insurance premiums; (11) deterioration in the financial condition of the U.S. banking system may impact the valuations of investments the Company has made in the securities of other financial institutions; (12) regulatory enforcement actions and adverse legal actions; (13) difficulty attracting and retaining key employees; and (14) other economic, competitive, technological, operational, governmental, regulatory, and market factors affecting our operations. Forward-looking statements made herein reflect management's expectations as of the date such statements are made. Such information is provided to assist stockholders and potential investors in understanding current and anticipated financial operations of the Company and is included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances that arise after the date such statements are made.
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