Exchange Bank Declares Third Quarter Cash Dividend
Exchange Bank has declared a quarterly cash dividend of $1.30 per share on common stock outstanding. The dividend will be paid on September 20, 2024, to shareholders of record as of September 6, 2024. Notably, 50.44% of the Bank's cash dividend, approximately $1.12 million, will be allocated to the Doyle Trust, which funds the Doyle Scholarships at Santa Rosa Junior College. This declaration demonstrates Exchange Bank's commitment to providing value to its shareholders while also supporting local education initiatives.
Exchange Bank ha dichiarato un dividendo in contante trimestrale di 1,30 $ per azione sulle azioni ordinarie in circolazione. Il dividendo sarà pagato il 20 settembre 2024 agli azionisti registrati al 6 settembre 2024. In particolare, il 50,44% del dividendo in contante della Banca, circa 1,12 milioni di dollari, sarà destinato al Doyle Trust, che finanzia le Borse di studio Doyle presso il Santa Rosa Junior College. Questa dichiarazione dimostra l'impegno di Exchange Bank nel fornire valore ai suoi azionisti, sostenendo al contempo le iniziative educative locali.
Exchange Bank ha declarado un dividendo en efectivo trimestral de $1.30 por acción sobre las acciones ordinarias en circulación. El dividendo se pagará el 20 de septiembre de 2024 a los accionistas registrados hasta el 6 de septiembre de 2024. Notablemente, el 50.44% del dividendo en efectivo del Banco, aproximadamente $1.12 millones, se asignará al Doyle Trust, que financia las becas Doyle en el Santa Rosa Junior College. Esta declaración demuestra el compromiso de Exchange Bank de proporcionar valor a sus accionistas mientras apoya iniciativas educativas locales.
Exchange Bank는 1주당 1.30달러의 분기 현금 배당금을 일반 주식에 대해 선언했습니다. 이 배당금은 2024년 9월 20일에 2024년 9월 6일 기준으로 등록된 주주들에게 지급됩니다. 특히, 50.44%의 은행 현금 배당금, 약 112만 달러가 Doyle Trust에 배분될 예정이며, 이는 Santa Rosa Junior College의 Doyle 장학금을 지원합니다. 이 선언은 Exchange Bank의 주주에게 가치를 제공하는 동시에 지역 교육 이니셔티브를 지원하려는 노력을 보여줍니다.
Exchange Bank a déclaré un dividende en espèces trimestriel de 1,30 $ par action sur les actions ordinaires en circulation. Le dividende sera versé le 20 septembre 2024 aux actionnaires inscrits au 6 septembre 2024. Notamment, 50,44% du dividende en espèces de la banque, soit environ 1,12 million de dollars, sera attribué à la Doyle Trust, qui finance les bourses Doyle au Santa Rosa Junior College. Cette déclaration démontre l'engagement d'Exchange Bank à fournir de la valeur à ses actionnaires tout en soutenant les initiatives éducatives locales.
Die Exchange Bank hat eine vierteljährliche Bardividende von 1,30 $ pro Aktie auf die im Umlauf befindlichen Stammaktien erklärt. Die Dividende wird am 20. September 2024 an die Aktionäre gezahlt, die am 6. September 2024 registriert sind. Bemerkenswerterweise werden 50,44% der Bargelddividende der Bank, etwa 1,12 Millionen Dollar, an den Doyle Trust allocate, der die Doyle-Stipendien am Santa Rosa Junior College finanziert. Diese Erklärung zeigt das Engagement der Exchange Bank, den Aktionären Werte zu bieten und gleichzeitig lokale Bildungsinitiativen zu unterstützen.
- Declared quarterly cash dividend of $1.30 per share
- Approximately $1.12 million allocated to Doyle Trust for scholarships
- None.
FORWARD-LOOKING INFORMATION:
The following appears in accordance with the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements about the Company, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings, or other measures of economic performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.”
Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors—many of which are beyond the Company’s control—could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward-looking statements are made.
About Exchange Bank
Headquartered in
Member FDIC — Equal Housing Lender — Equal Opportunity Employer
View source version on businesswire.com: https://www.businesswire.com/news/home/20240821567527/en/
Charlotte Radmilovic
SVP, Chief Financial Officer
Exchange Bank
(707) 521-3751
Source: Exchange Bank
FAQ
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