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Community Heritage Financial, Inc. Announces Dividend Increase

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Community Heritage Financial (OTCPK: CMHF) has announced a significant increase in its quarterly cash dividend. The Board of Directors declared a quarterly dividend of $0.08 per share, representing a 33% increase from the previous dividend paid in November 2024. The dividend will be paid on February 7, 2025 to shareholders of record as of January 31, 2025.

The company operates through its subsidiary Middletown Valley Bank, which has been serving since 1908, providing personal and business banking services, along with mortgage lending through its subsidiary Millennium Financial Services (Mlend). The bank maintains operations across Maryland counties including Frederick, Washington, and Garrett, as well as in Franklin County, Pennsylvania.

Community Heritage Financial (OTCPK: CMHF) ha annunciato un significativo aumento del suo dividendo in contante trimestrale. Il Consiglio di Amministrazione ha dichiarato un dividendo trimestrale di $0,08 per azione, che rappresenta un aumento del 33% rispetto al dividendo precedente pagato nel novembre 2024. Il dividendo sarà pagato il 7 febbraio 2025 agli azionisti registrati al 31 gennaio 2025.

L'azienda opera attraverso la sua controllata Middletown Valley Bank, attiva dal 1908, fornendo servizi bancari personali e aziendali, insieme a prestiti ipotecari attraverso la sua sussidiaria Millennium Financial Services (Mlend). La banca mantiene operazioni nei contea del Maryland, tra cui Frederick, Washington e Garrett, così come nella contea di Franklin, in Pennsylvania.

Community Heritage Financial (OTCPK: CMHF) ha anunciado un aumento significativo en su dividendo en efectivo trimestral. La Junta Directiva declaró un dividendo trimestral de $0.08 por acción, lo que representa un aumento del 33% en comparación con el dividendo anterior pagado en noviembre de 2024. El dividendo se pagará el 7 de febrero de 2025 a los accionistas registrados al 31 de enero de 2025.

La empresa opera a través de su filial Middletown Valley Bank, que ha estado operando desde 1908, proporcionando servicios bancarios personales y comerciales, junto con préstamos hipotecarios a través de su filial Millennium Financial Services (Mlend). El banco mantiene operaciones en los condados de Maryland, incluyendo Frederick, Washington y Garrett, así como en el condado de Franklin, Pennsylvania.

커뮤니티 헤리티지 파이낸셜(OTCPK: CMHF)은 분기 현금 배당금을 크게 인상했다고 발표했습니다. 이사회는 주당 $0.08의 분기 배당금을 선언했으며, 이는 이전의 2024년 11월에 지급된 배당금 대비 33% 증가한 수치입니다. 배당금은 2025년 2월 7일에 2025년 1월 31일 기준으로 등록된 주주에게 지급될 예정입니다.

회사인 미들타운 밸리 뱅크를 통해 운영되며, 해당 은행은 1908년부터 개인 및 기업 은행 서비스를 제공하고 있으며, 자회사인 밀레니엄 파이낸셜 서비스(Mlend)를 통해 모기지 대출도 하고 있습니다. 이 은행은 메릴랜드주 프레데릭, 워싱턴, 개렛 카운티와 펜실베이니아주 프랭클린 카운티에 걸쳐 운영되고 있습니다.

Community Heritage Financial (OTCPK: CMHF) a annoncé une augmentation significative de son dividende trimestriel en espèces. Le Conseil d'Administration a déclaré un dividende trimestriel de 0,08 $ par action, représentant une augmentation de 33% par rapport au dividende précédent versé en novembre 2024. Le dividende sera versé le 7 février 2025 aux actionnaires enregistrés au 31 janvier 2025.

L'entreprise fonctionne par le biais de sa filiale Middletown Valley Bank, qui offre des services bancaires personnels et commerciaux depuis 1908, ainsi que des prêts hypothécaires par l'intermédiaire de sa filiale Millennium Financial Services (Mlend). La banque maintient des opérations dans les comtés du Maryland, y compris Frederick, Washington et Garrett, ainsi qu'à Franklin County, en Pennsylvanie.

Community Heritage Financial (OTCPK: CMHF) hat eine deutliche Erhöhung seiner vierteljährlichen Barausschüttung angekündigt. Der Vorstand erklärte eine vierteljährliche Dividende von 0,08 $ pro Aktie, was einer 33%igen Erhöhung gegenüber der zuvor im November 2024 gezahlten Dividende entspricht. Die Dividende wird am 7. Februar 2025 an die Aktionäre ausgezahlt, die am 31. Januar 2025 registriert sind.

Das Unternehmen ist über seine Tochtergesellschaft Middletown Valley Bank tätig, die seit 1908 besteht und persönliche sowie geschäftliche Bankdienstleistungen anbietet, zusammen mit Hypothekendarlehen über ihre Tochtergesellschaft Millennium Financial Services (Mlend). Die Bank hat Niederlassungen in den Landkreisen Maryland, einschließlich Frederick, Washington und Garrett, sowie im Franklin County, Pennsylvania.

Positive
  • 33% increase in quarterly dividend from previous payment
  • Dividend raised to $0.08 per share, indicating strong financial position
  • Geographic presence across multiple counties in Maryland and Pennsylvania
Negative
  • None.

MIDDLETOWN, Md., Jan. 21, 2025 /PRNewswire/ -- Community Heritage Financial, Inc. (OTCPK: CMHF), announced today its Board of Directors declared a quarterly cash dividend to shareholders of $0.08 per share, which represents a 33% increase from its last quarterly cash dividend paid in November 2024. The dividend is payable on February 7, 2025 to shareholders of record as of January 31, 2025.

Community Heritage Financial, Inc. is the parent company of Middletown Valley Bank (the "Bank"). Middletown Valley Bank provides personal and business banking services, as well as mortgage lending services through its wholly owned subsidiary, Millennium Financial Services, Inc. (Mlend). Originating in Middletown, Maryland in 1908, today the Bank operates offices in the Maryland counties of Frederick, Washington and Garrett, and Franklin County, Pennsylvania. For more information, visit www.communityheritageinc.com or www.mvbbank.com.

Investor Relations Contact:

Community Heritage Financial, Inc.
Robert E. (BJ) Goetz, Jr.
President & Chief Executive Officer
301-371-3055
bjgoetz@mvbbank.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/community-heritage-financial-inc-announces-dividend-increase-302356223.html

SOURCE Community Heritage Financial, Inc.

FAQ

What is the new quarterly dividend amount for Community Heritage Financial (CMHF)?

Community Heritage Financial (CMHF) has declared a quarterly cash dividend of $0.08 per share.

When will CMHF pay its latest quarterly dividend?

The dividend will be paid on February 7, 2025, to shareholders of record as of January 31, 2025.

How much did CMHF increase its dividend in January 2025?

CMHF increased its quarterly dividend by 33% compared to its previous dividend paid in November 2024.

What is the record date for CMHF's latest dividend?

The record date for CMHF's latest dividend is January 31, 2025.

In which regions does Community Heritage Financial (CMHF) operate?

CMHF operates in Frederick, Washington, and Garrett counties in Maryland, and Franklin County in Pennsylvania.

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