Community Heritage Financial, Inc. Announces First Quarter 2024 Dividend

Rhea-AI Summary

Community Heritage Financial, Inc. announced a quarterly cash dividend of $0.06 per share for the first quarter of 2024. The dividend will be payable on May 10, 2024, to shareholders of record on May 3, 2024. The company is the parent of Middletown Valley Bank, operating in multiple counties since 1908. For more information, visit their websites.

Positive

• The announcement of a $0.06 per share quarterly cash dividend for the first quarter of 2024 shows the company's commitment to rewarding shareholders.
• The long-standing history of Middletown Valley Bank, operating since 1908, reflects stability and experience in the banking sector.
• The dividend payment date of May 10, 2024, provides shareholders with a clear timeline for receiving their dividends.
• The diverse geographic presence of Middletown Valley Bank across multiple counties in Maryland and Pennsylvania highlights its regional expansion strategy.
• The inclusion of mortgage lending services through Millennium Financial Services, Inc. showcases the company's commitment to offering a comprehensive range of financial products.
• Investors can find more information about Community Heritage Financial, Inc. and Middletown Valley Bank on their respective websites.

Negative

• None.

MIDDLETOWN, Md., April 22, 2024 /PRNewswire/ -- Community Heritage Financial, Inc. (OTCPK: CMHF), announced today its Board of Directors declared a quarterly cash dividend on its common stock of $0.06 per share. The dividend is payable on May 10, 2024 to shareholders of record on May 3, 2024.

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, Garrett and Anne Arundel, 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

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SOURCE Community Heritage Financial, Inc.

FAQ

What is the dividend amount per share announced by Community Heritage Financial, Inc. for the first quarter of 2024?

Community Heritage Financial, Inc. announced a quarterly cash dividend of $0.06 per share for the first quarter of 2024.

When will the dividend be payable to shareholders of Community Heritage Financial, Inc. for the first quarter of 2024?

The dividend announced by Community Heritage Financial, Inc. for the first quarter of 2024 will be payable on May 10, 2024, to shareholders of record on May 3, 2024.

What is the parent company of Middletown Valley Bank and Millennium Financial Services, Inc.?

Community Heritage Financial, Inc. is the parent company of Middletown Valley Bank and Millennium Financial Services, Inc.

In which year did Middletown Valley Bank originate?

Middletown Valley Bank originated in 1908.

Where does Middletown Valley Bank operate offices?

Middletown Valley Bank operates offices in the Maryland counties of Frederick, Washington, Garrett, and Anne Arundel, as well as Franklin County, Pennsylvania.