Berkshire Hills Announces Quarterly Shareholder Dividend

Rhea-AI Summary

Berkshire Hills Bancorp (NYSE: BHLB) announced a quarterly cash dividend of $0.12 per common share for shareholders of record by August 26, 2021, payable on September 9, 2021. This reflects the company's commitment to returning value to its investors. Berkshire Hills, headquartered in Boston, manages $12.3 billion in assets and operates 115 banking offices across New England and New York, focusing on socially responsible banking to empower local communities.

Positive

• Quarterly cash dividend of $0.12 per share signifies strong investor returns.
• Berkshire Hills has $12.3 billion in assets, reflecting solid financial health.

Negative

• None.

BOSTON, Aug. 13, 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 August 26, 2021, payable on September 9, 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. Headquartered in Boston, Berkshire has $12.3 billion in assets and operates 115 banking offices primarily in New England and New York. 

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 for Berkshire Hills Bancorp (BHLB)?

The dividend amount is $0.12 per common share.

When will Berkshire Hills Bancorp's dividend be paid?

The dividend will be paid on September 9, 2021.

Who are the shareholders of record for the Berkshire Hills Bancorp dividend?

Shareholders of record are those holding shares as of August 26, 2021.

Is the dividend from Berkshire Hills Bancorp sustainable?

The sustainability of the dividend can depend on the company's ongoing financial performance.