Eagle Bancorp, Inc. Announces Cash Dividend
Eagle Bancorp, Inc. (NASDAQ: EGBN) has declared a cash dividend of $0.25 per share for the first quarter of 2021. This dividend will be payable on May 3, 2021, to shareholders of record as of April 21, 2021. Established in 1998 and headquartered in Bethesda, Maryland, EagleBank operates through 20 branch offices across Suburban Maryland, Washington, D.C., and Northern Virginia, focusing on building strong relationships with its clientele.
- Dividend of $0.25 per share enhances shareholder income.
- Company's sustained commitment to returning value to shareholders.
- Potential impacts from the novel coronavirus pandemic may affect future performance.
- Economic volatility and uncertainty could pose risks to operations.
BETHESDA, Md., March 31, 2021 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company for EagleBank, today announced a cash dividend for the first quarter of 2021, in the amount of
About Eagle Bancorp: The Company is the holding company for EagleBank, which commenced operations in 1998. The Bank is headquartered in Bethesda, Maryland, and operates through twenty branch offices, located in Suburban Maryland, Washington, D.C. and Northern Virginia. The Company focuses on building relationships with businesses, professionals and individuals in its marketplace.
Caution About Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and regarding general economic conditions. These forward-looking statements are based on current expectations that involve risks, uncertainties and assumptions, including the impacts of the novel coronavirus pandemic and the volatility and uncertainty in global markets and economies. Because of these uncertainties and the assumptions on which the forward-looking statements are based, actual future operations and results in the future may differ materially from those indicated herein. Readers are cautioned against placing undue reliance on any such forward-looking statements. For details on factors that could affect these expectations, see the risk factors and other cautionary language included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 and other filings with the SEC. Except as required by law, the Company does not undertake to update forward-looking statements contained in this release.
EagleBank Contact
Dave Danielson
301.986.1800
FAQ
What is the dividend amount announced by EGBN for Q1 2021?
When is the dividend payable for Eagle Bancorp?
What is the record date for EGBN's dividend?
How does EGBN plan to sustain its dividend payments?
