Berkshire Hills Announces Quarterly Shareholder Dividend

Rhea-AI Summary

Berkshire Hills Bancorp (NYSE: BHLB) has declared a quarterly cash dividend of $0.18 per common share. The dividend is payable on June 28, 2024, to shareholders on record as of June 20, 2024. This announcement reflects the bank's ongoing commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.18 per common share.
• Dividend payable on June 28, 2024, providing immediate returns to shareholders.
• Reflects ongoing commitment to returning value to shareholders.

Negative

• No information on revenue or profit growth for the quarter.
• Does not address potential risks or challenges faced by the company.

BOSTON, June 7, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.18 per common share to shareholders of record at the close of business on June 20, 2024, payable on June 28, 2024. 

About Berkshire Hills Bancorp

Headquartered in Boston, Berkshire Hills Bancorp is the parent of Berkshire Bank. With $12.1 billion in assets and 96 branches in New England and New York, the Bank provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Management services. Access more information about Berkshire Hills Bancorp at ir.berkshirebank.com.

Investor Relations Contact

Kevin Conn, Senior Managing Director, Investor Relations & Corporate Development
Email: KAConn@berkshirebank.com 
Tel: (617) 641-9206

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SOURCE Berkshire Hills Bancorp, Inc.

FAQ

What is the dividend per share for BHLB in June 2024?

Berkshire Hills Bancorp announced a quarterly cash dividend of $0.18 per common share.

When is Berkshire Hills Bancorp's next dividend payable?

The next dividend is payable on June 28, 2024.

Who is eligible to receive BHLB's next dividend?

Shareholders on record at the close of business on June 20, 2024, are eligible to receive the dividend.

When is the record date for Berkshire Hills Bancorp's June 2024 dividend?

The record date for the dividend is June 20, 2024.