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Associated Banc-Corp Announces Increase in Common Stock Dividend

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Associated Banc-Corp (NYSE: ASB) has announced an increase in its quarterly cash dividend. The company's Board of Directors declared a regular quarterly dividend of $0.23 per common share, representing a $0.01 increase from the previous $0.22. The dividend will be payable on December 16, 2024, to shareholders of record as of December 2, 2024. Additionally, the Board declared quarterly dividends for Series E Preferred Stock at $0.3671875 per depositary share and Series F Preferred Stock at $0.3515625 per depositary share, both payable on the same dates.

Associated Banc-Corp (NYSE: ASB) ha annunciato un aumento del suo dividendo in contante trimestrale. Il Consiglio di Amministrazione dell'azienda ha dichiarato un dividendo regolare trimestrale di $0,23 per azione ordinaria, che rappresenta un aumento di $0,01 rispetto al precedente dividendo di $0,22. Il dividendo sarà pagabile il 16 dicembre 2024 agli azionisti registrati al 2 dicembre 2024. Inoltre, il Consiglio ha dichiarato dividendi trimestrali per le Azioni Preferenziali di Serie E a $0,3671875 per azione depositaria e per le Azioni Preferenziali di Serie F a $0,3515625 per azione depositaria, entrambi pagabili nelle stesse date.

Associated Banc-Corp (NYSE: ASB) ha anunciado un aumento en su dividendo en efectivo trimestral. La Junta Directiva de la compañía declaró un dividendo trimestral regular de $0.23 por acción ordinaria, lo que representa un aumento de $0.01 respecto al anterior dividendo de $0.22. El dividendo se pagará el 16 de diciembre de 2024, a los accionistas registrados al 2 de diciembre de 2024. Además, la Junta declaró dividendos trimestrales para las Acciones Preferentes de Serie E a $0.3671875 por acción depositaria y para las Acciones Preferentes de Serie F a $0.3515625 por acción depositaria, ambos pagaderos en las mismas fechas.

Associated Banc-Corp (NYSE: ASB)가 분기 현금 배당금을 인상했다고 발표했습니다. 회사 이사회는 보통주당 $0.23의 정기 분기 배당금을 선언했으며, 이는 이전의 $0.22에서 $0.01 인상된 것입니다. 배당금은 2024년 12월 16일에 지급되며, 2024년 12월 2일 기준 주주에게 지급됩니다. 또한, 이사회는 E형 우선주에 대해 $0.3671875, F형 우선주에 대해 $0.3515625의 분기 배당금을 선언했으며, 이 두 배당금 모두 같은 날짜에 지급됩니다.

Associated Banc-Corp (NYSE: ASB) a annoncé une augmentation de son dividende en espèces trimestriel. Le Conseil d'Administration de l'entreprise a déclaré un dividende trimestriel régulier de $0,23 par action ordinaire, représentant une augmentation de $0,01 par rapport au précédent $0,22. Le dividende sera payable le 16 décembre 2024 aux actionnaires inscrits au 2 décembre 2024. De plus, le Conseil a déclaré des dividendes trimestriels pour les Actions Préférentielles de Série E à $0,3671875 par action de dépôt et pour les Actions Préférentielles de Série F à $0,3515625 par action de dépôt, tous payables aux mêmes dates.

Associated Banc-Corp (NYSE: ASB) hat eine Erhöhung seiner vierteljährlichen Bardividende angekündigt. Der Verwaltungsrat des Unternehmens hat eine reguläre vierteljährliche Dividende von $0,23 pro Stammaktie erklärt, was eine Erhöhung um $0,01 gegenüber der vorherigen Dividende von $0,22 darstellt. Die Dividende wird am 16. Dezember 2024 an die Aktionäre gezahlt, die am 2. Dezember 2024 eingetragen sind. Darüber hinaus hat der Verwaltungsrat vierteljährliche Dividenden für die Serie E Vorzugsaktien in Höhe von $0,3671875 pro Depotaktie und für die Serie F Vorzugsaktien in Höhe von $0,3515625 pro Depotaktie erklärt, die beide zu denselben Terminen zahlbar sind.

Positive
  • Increased quarterly dividend by $0.01 to $0.23 per common share
  • Demonstrates financial stability and commitment to shareholder returns
  • Maintains consistent dividend payments across all share classes
Negative
  • None.

GREEN BAY, Wis., Oct. 29, 2024 /PRNewswire/ -- The Board of Directors of Associated Banc-Corp (NYSE: ASB) ("Associated") today declared a regular quarterly cash dividend of $0.23 per common share, payable on December 16, 2024, to shareholders of record at the close of business on December 2, 2024. This is an increase of $0.01 from the previous quarterly dividend of $0.22 per common share.

The Board of Directors also declared a regular quarterly cash dividend of $0.3671875 per depositary share on Associated's 5.875% Series E Perpetual Preferred Stock, payable on December 16, 2024, to shareholders of record at the close of business on December 2, 2024.

The Board of Directors also declared a regular quarterly cash dividend of $0.3515625 per depositary share on Associated's 5.625% Series F Perpetual Preferred Stock, payable on December 16, 2024, to shareholders of record at the close of business on December 2, 2024.

ABOUT ASSOCIATED BANC-CORP

Associated Banc-Corp (NYSE: ASB) has total assets of $42 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from nearly 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The Company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.

FORWARD-LOOKING STATEMENTS

Statements made in this presentation which are not purely historical are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. This includes any statements regarding management's plans, objectives, or goals for future operations, products or services, and forecasts of its revenues, earnings, or other measures of performance. Such forward-looking statements may be identified by the use of words such as "believe," "expect," "anticipate," "plan," "estimate," "should," "intend," "target," "outlook," "project," "guidance," "forecast," or similar expressions. Forward-looking statements are based on current management expectations and, by their nature, are subject to risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. Factors which may cause actual results to differ materially from those contained in such forward-looking statements include those identified in the Company's most recent Form 10-K and subsequent Form 10-Qs and other SEC filings, and such factors are incorporated herein by reference.

Investor Contact:
Ben McCarville, Vice President, Director of Investor Relations      
920-491-7059

Media Contact:
Andrea Kozek, Senior Manager, Public Relations 
920-491-7518

Cision View original content:https://www.prnewswire.com/news-releases/associated-banc-corp-announces-increase-in-common-stock-dividend-302290610.html

SOURCE Associated Banc-Corp

FAQ

What is Associated Banc-Corp's (ASB) new quarterly dividend amount?

Associated Banc-Corp's new quarterly dividend is $0.23 per common share, an increase of $0.01 from the previous $0.22 per share.

When will Associated Banc-Corp (ASB) pay its next dividend?

Associated Banc-Corp will pay its next dividend on December 16, 2024, to shareholders of record as of December 2, 2024.

What are the dividend rates for Associated Banc-Corp's (ASB) preferred shares?

The Series E Preferred Stock dividend is $0.3671875 per depositary share, and the Series F Preferred Stock dividend is $0.3515625 per depositary share.

How much did Associated Banc-Corp (ASB) increase its dividend?

Associated Banc-Corp increased its quarterly dividend by $0.01, from $0.22 to $0.23 per common share.

Associated Banc-Corp

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