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Nicolet Bankshares, Inc. Declares Cash Dividend to Shareholders

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Nicolet Bankshares, Inc. (NIC) declares a quarterly cash dividend of $0.25 per share to its common stock shareholders. The dividend will be paid on March 15, 2024, to shareholders of record as of March 8, 2024.
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The declaration of a quarterly cash dividend of $0.25 per share by Nicolet Bankshares, Inc. represents a tangible return to shareholders and is indicative of the company's current financial health. Dividends are often a sign of a company's confidence in its ongoing profitability and cash flow stability. It is crucial to assess the dividend yield, which is the dividend per share divided by the price per share. If this figure is high relative to industry peers, it may suggest an attractive investment to income-focused shareholders. However, investors should also consider the payout ratio, which is the portion of earnings paid out as dividends. A high payout ratio could indicate less reinvestment in the company's growth, possibly signaling a mature or slow-growth phase.

From a market perspective, the announcement of a dividend payment can have several implications. It may lead to an increase in the stock's attractiveness to value investors who prioritize steady income streams. Additionally, this can serve as a positive signal to the market, potentially affecting the stock's price leading up to the ex-dividend date, which is the cutoff date to be eligible for the dividend payment. Historical data suggest that stocks often rise in anticipation of a dividend payment but can drop in price after the ex-dividend date. Monitoring the stock's performance in relation to these dates can provide insights into investor sentiment and market expectations.

Examining the macroeconomic context is essential when evaluating the implications of dividend announcements. In periods of low-interest rates, dividend-paying stocks become more appealing relative to bonds, as they offer potentially higher yields. Conversely, in a rising interest rate environment, such as one characterized by inflationary pressures and monetary tightening, dividend stocks might lose some appeal as fixed-income securities become more competitive. Therefore, the broader economic conditions and interest rate trajectory can significantly influence the impact of dividend announcements on both the company's stock and the overall market.

GREEN BAY, Wis.--(BUSINESS WIRE)-- Nicolet Bankshares, Inc. (NYSE: NIC) (“Nicolet”) announced its Board of Directors has declared a quarterly cash dividend of $0.25 per share to shareholders of its common stock. The dividend will be payable on March 15, 2024 to shareholders of record as of March 8, 2024.

About Nicolet Bankshares, Inc.

Nicolet Bankshares, Inc. is the bank holding company of Nicolet National Bank, a growing, full-service, community bank providing services ranging from commercial, agricultural and consumer banking to wealth management and retirement plan services. Founded in Green Bay in 2000, Nicolet National Bank operates branches in Wisconsin, Michigan, and Minnesota. More information can be found at www.nicoletbank.com.

Investor Relations

Eric Radzak

ir@nicoletbank.com

920.617.4540



Media Inquiries


Jeff Gahnz

voice@nicoletbank.com

920.430.7344

Source: Nicolet Bankshares, Inc.

FAQ

What is the dividend amount declared by Nicolet Bankshares, Inc. (NIC)?

Nicolet Bankshares, Inc. (NIC) declared a quarterly cash dividend of $0.25 per share.

When will the dividend be paid to Nicolet Bankshares, Inc. (NIC) shareholders?

The dividend will be payable on March 15, 2024.

Who is eligible to receive the dividend from Nicolet Bankshares, Inc. (NIC)?

Shareholders of record as of March 8, 2024, are eligible to receive the dividend.

Nicolet Bankshares, Inc.

NYSE:NIC

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1.18B
13.09M
12.01%
44.13%
1.68%
Commercial Banking
Finance and Insurance
Link
United States of America
GREEN BAY

About NIC

nicolet national bank opened in november of 2000 as green bay’s newest community bank. nicolet national is dedicated to fostering the continued growth of green bay and the surrounding communities through a diverse array of products and services. nicolet national’s staff of experienced commercial and retail bankers is committed to understanding the financial needs of you and your business. by offering competitive solutions in commercial lending, private banking and retail banking, nicolet national is devoted to helping businesses and individuals achieve their financial goals. nicolet national bank distinguishes itself by providing unmatched customer service to each and every one of its clients. nicolet national offers localized, knowledgeable decision-making designed to create long-lasting relationships within the community. from multi-million dollar commercial loans, to small personal loans, nicolet national can deliver a customized solution to suit your needs. our staff understands th