CBTX, Inc. Declares Quarterly Dividend

Rhea-AI Summary

CBTX, Inc. announced a quarterly cash dividend of $0.13 per share, payable on July 15, 2021, to shareholders of record by July 1, 2021. This decision reflects the company's ongoing commitment to returning value to its shareholders.

CBTX is the bank holding company for CommunityBank of Texas, offering banking solutions primarily to small and mid-sized enterprises in metropolitan areas such as Houston and Dallas.

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• Quarterly cash dividend of $0.13 per share reinforces commitment to shareholder returns.

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• None.

HOUSTON, June 17, 2021 (GLOBE NEWSWIRE) -- CBTX, Inc. (Nasdaq: CBTX), the bank holding company for CommunityBank of Texas N.A., today announced that its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on July 15, 2021 to shareholders of record as of the close of business on July 1, 2021.

About CBTX, Inc.
CBTX, Inc. is the bank holding company for CommunityBank of Texas, N.A., a community bank, offering commercial banking solutions to small and mid-sized businesses and professionals in Houston, Dallas, Beaumont and surrounding communities in Texas. Visit www.communitybankoftx.com for more information.

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the “Safe-Harbor” provisions of the Private Securities Litigation Reform Act of 1995, which may be identified by conditional or future language such as the word “will”, among others. These statements (including future payments of dividends) are necessarily subject to risk and uncertainty and actual results could differ materially from those anticipated due to various factors, including risks and factors related to our financial performance and results of operations, regulatory risks and the costs, effects, and results of regulatory examinations, reviews, or investigations, or the ability to obtain required regulatory approvals, interest rate risks, economic risks related to the impact of COVID-19 and the sustained instability of the oil and gas industry (including risks related to our customers’ ability to pay, our ability to borrow, and the impact of a resultant recession generally), and other hazards such as weather conditions, other pandemics, acts of war or terrorist acts and the governmental or military response thereto, and those additional risks and factors set forth from time to time in the documents filed or furnished by CBTX, Inc. with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements and CBTX, Inc. undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made.

Investor Relations:	Media Contact:
Justin M. Long	Ashley K. Warren
281.325.5013	713.210.7622
investors@CBoTX.com	awarren@CBoTX.com

FAQ

What is the dividend amount declared by CBTX?

CBTX declared a quarterly cash dividend of $0.13 per share.

When will CBTX's dividend be payable?

The dividend will be payable on July 15, 2021.

What is the record date for CBTX's dividend?

The record date for the dividend is July 1, 2021.

How often does CBTX pay dividends?

CBTX pays dividends quarterly.

What factors could impact CBTX's future dividends?

Future dividends may be affected by financial performance, regulatory risks, and economic factors.