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Amalgamated Financial Corp. announced a 50% increase in its quarterly dividend to $0.15 per common share, payable on May 8, 2024. The Board of Directors authorized this increase, reflecting a positive financial outlook for the company.
Amalgamated Financial Corp. ha annunciato un aumento del 50% del suo dividendo trimestrale, portandolo a $0,15 per azione ordinaria, pagabile l'8 maggio 2024. Il Consiglio di Amministrazione ha autorizzato questo aumento, riflettendo un'ottica finanziaria positiva per l'azienda.
Amalgamated Financial Corp. anunció un aumento del 50% en su dividendo trimestral a $0,15 por acción común, pagadero el 8 de mayo de 2024. El Consejo de Directores autorizó este aumento, reflejando una perspectiva financiera positiva para la compañía.
Amalgamated Financial Corp.는 보통주당 배당금을 $0.15로 50% 인상한다고 발표했습니다. 이 배당금은 2024년 5월 8일에 지급될 예정입니다. 이사회는 회사의 긍정적인 재무 전망을 반영하여 이 증가를 승인했습니다.
Amalgamated Financial Corp. a annoncé une augmentation de 50% de son dividende trimestriel à 0,15 $ par action ordinaire, payable le 8 mai 2024. Le conseil d'administration a autorisé cette augmentation, reflétant une perspective financière positive pour l'entreprise.
Amalgamated Financial Corp. gab eine 50% Erhöhung seiner vierteljährlichen Dividende auf $0,15 pro Stammaktie bekannt, zahlbar am 8. Mai 2024. Der Vorstand hat diese Erhöhung autorisiert, was eine positive finanzielle Aussicht für das Unternehmen widerspiegelt.
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NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Amalgamated Financial Corp. (“Amalgamated” or the “Company”) (Nasdaq: AMAL) today announced that its Board of Directors has authorized a 50% increase in the Company’s quarterly dividend to $0.15 per common share, payable by the Company on May 8, 2024, to stockholders of record on May 22, 2024. The amount and timing of any future dividend payments to stockholders will be subject to the discretion of the Board of Directors.
About Amalgamated Financial Corp.
Amalgamated Financial Corp. is a Delaware public benefit corporation and a bank holding company engaged in commercial banking and financial services through its wholly-owned subsidiary, Amalgamated Bank. Amalgamated Bank is a New York-based full-service commercial bank and a chartered trust company with a combined network of five branches across New York City, Washington D.C., and San Francisco, and a commercial office in Boston. Amalgamated Bank was formed in 1923 as Amalgamated Bank of New York by the Amalgamated Clothing Workers of America, one of the country’s oldest labor unions. Amalgamated Bank provides commercial banking and trust services nationally and offers a full range of products and services to both commercial and retail customers. Amalgamated Bank is a proud member of the Global Alliance for Banking on Values and is a certified B Corporation®. As of December 31, 2023, our total assets were $8.0 billion, total net loans were $4.3 billion, and total deposits were $7.0 billion. Additionally, as of December 31, 2023, our trust business held $41.7 billion in assets under custody and $14.8 billion in assets under management.
