Berkshire Hills Announces Quarterly Shareholder Dividend

Rhea-AI Summary

Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced a quarterly cash dividend of $0.12 per common share for shareholders of record at the close of business on November 11, 2021. This dividend is payable on November 24, 2021. The decision reflects the company's ongoing commitment to return value to its shareholders. Berkshire Hills Bancorp operates approximately $11.8 billion in assets and is focused on being a socially responsible community bank.

Positive

• Quarterly cash dividend of $0.12 per share demonstrates commitment to shareholders.
• Berkshire Hills Bancorp has approximately $11.8 billion in assets, indicating financial stability.

Negative

• None.

BOSTON, Nov. 1, 2021 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.12 per common share to shareholders of record at the close of business on November 11, 2021, payable on November 24, 2021.

ABOUT BERKSHIRE HILLS BANCORP

Berkshire Hills Bancorp is the parent of Berkshire Bank, which is transforming what it means to bank its neighbors socially, humanly, and digitally to empower the financial potential of people, families, and businesses in its communities as it pursues its vision of being the leading socially responsible omni-channel community bank in the markets it serves. Berkshire Bank provides business and consumer banking, mortgage, wealth management, and investment services. Headquartered in Boston, Berkshire has approximately $11.8 billion in assets and operates 107 branch offices in New England and New York, and is a member of the Bloomberg Gender-Equality Index. To learn more, call 800-773-5601 or follow us on Facebook, Twitter, Instagram, and LinkedIn.

Investor Relations Contacts

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

David Gonci, Capital Markets Director
Email: dgonci@berkshirebank.com
Tel: (413) 281-1973

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SOURCE Berkshire Hills Bancorp, Inc.

FAQ

What is the dividend amount announced by Berkshire Hills Bancorp (BHLB) for Q4 2021?

Berkshire Hills Bancorp announced a dividend of $0.12 per common share.

When is the dividend payment date for Berkshire Hills Bancorp's Q4 2021 dividend?

The dividend is payable on November 24, 2021.

Who are the shareholders eligible for the dividend announced by BHLB?

Shareholders of record at the close of business on November 11, 2021, are eligible.

What is the financial status of Berkshire Hills Bancorp?

Berkshire Hills Bancorp has approximately $11.8 billion in assets, showcasing its financial stability.