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First Capital, Inc. Announces Quarterly Dividend Increase

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First Capital, Inc. (NASDAQ: FCAP) has announced a 7.4% increase in its quarterly cash dividend. The new dividend of $0.29 per share will be paid on September 27, 2024, to shareholders of record as of September 13, 2024. This represents a $0.02 increase from the previous dividend of $0.27 paid on June 28, 2024.

President and CEO Michael C. Frederick attributed the increase to First Capital's continued profitability and commitment to returning capital to shareholders. First Capital is the holding company for First Harrison Bank, which operates 18 offices across Indiana and Kentucky communities.

First Capital, Inc. (NASDAQ: FCAP) ha annunciato un aumento del 7,4% del suo dividendo in contanti trimestrale. Il nuovo dividendo di $0,29 per azione sarà pagato il 27 settembre 2024, agli azionisti registrati al 13 settembre 2024. Ciò rappresenta un aumento di $0,02 rispetto al precedente dividendo di $0,27 pagato il 28 giugno 2024.

Il presidente e CEO Michael C. Frederick ha attribuito l'aumento alla continua redditività di First Capital e all'impegno nel restituire capitale agli azionisti. First Capital è la holding di First Harrison Bank, che opera in 18 uffici nelle comunità dell'Indiana e del Kentucky.

First Capital, Inc. (NASDAQ: FCAP) ha anunciado un aumento del 7.4% en su dividendo en efectivo trimestral. El nuevo dividendo de $0.29 por acción se pagará el 27 de septiembre de 2024 a los accionistas registrados a partir del 13 de septiembre de 2024. Esto representa un aumento de $0.02 con respecto al dividendo anterior de $0.27 pagado el 28 de junio de 2024.

El presidente y CEO Michael C. Frederick atribuyó el aumento a la continua rentabilidad de First Capital y al compromiso de devolver capital a los accionistas. First Capital es la empresa matriz de First Harrison Bank, que opera 18 oficinas en las comunidades de Indiana y Kentucky.

퍼스트 캐피탈, Inc. (NASDAQ: FCAP)은 분기 현금 배당금을 7.4% 인상했다고 발표했습니다. 새로운 배당금은 주당 $0.29로, 2024년 9월 27일에 2024년 9월 13일 기준 주주에게 지급될 예정입니다. 이는 2024년 6월 28일에 지급된 이전 배당금 $0.27에서 $0.02 증가한 것입니다.

회장 겸 CEO인 마이클 C. 프레드릭은 이 인상이 퍼스트 캐피탈의 지속적인 수익성과 주주에게 자본을 환원하려는 의지 덕분이라고 설명했습니다. 퍼스트 캐피탈은 인디애나와 켄터키 지역에 18개의 지점을 운영하는 퍼스트 해리슨 뱅크의 지주 회사입니다.

First Capital, Inc. (NASDAQ: FCAP) a annoncé une augmentation de 7,4% de son dividende en espèces trimestriel. Le nouveau dividende de 0,29 $ par action sera payé le 27 septembre 2024 aux actionnaires enregistrés au 13 septembre 2024. Cela représente une augmentation de 0,02 $ par rapport au dividende précédent de 0,27 $ payé le 28 juin 2024.

Le président et directeur général Michael C. Frederick a attribué cette augmentation à la rentabilité continue de First Capital et à son engagement à restituer du capital aux actionnaires. First Capital est la société mère de First Harrison Bank, qui opère dans 18 bureaux à travers les communautés de l'Indiana et du Kentucky.

First Capital, Inc. (NASDAQ: FCAP) hat eine 7,4%-Erhöhung seiner vierteljährlichen Barausschüttung bekanntgegeben. Die neue Dividende von $0,29 pro Aktie wird am 27. September 2024 an die Aktionäre gezahlt, die am 13. September 2024 im Aktienregister stehen. Dies stellt eine Erhöhung um $0,02 im Vergleich zur vorhergehenden Dividende von $0,27 dar, die am 28. Juni 2024 ausgezahlt wurde.

Präsident und CEO Michael C. Frederick führte die Erhöhung auf die anhaltende Rentabilität von First Capital und das Engagement zurück, Kapital an die Aktionäre zurückzugeben. First Capital ist die Holdinggesellschaft von First Harrison Bank, die in 18 Filialen in den Gemeinden von Indiana und Kentucky tätig ist.

Positive
  • Quarterly dividend increased by 7.4% to $0.29 per share
  • Company demonstrates continued profitability
  • Commitment to returning capital to shareholders
Negative
  • None.

CORYDON, Ind., Aug. 21, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of First Capital, Inc. (NASDAQ: FCAP) has declared a quarterly cash dividend of $0.29 (twenty-nine cents) per share of common stock, according to Michael C. Frederick, President and Chief Executive Officer. The dividend will be paid on September 27, 2024 to shareholders of record as of September 13, 2024. This represents an increase of $0.02 (two cents) per share, or 7.4%, compared to the most recent dividend paid on June 28, 2024.

“We are very pleased to provide a 7.4% increase to the quarterly cash dividend payment on the Company’s common stock from $0.27 (twenty-seven cents) to $0.29 (twenty-nine cents),” said Mr. Frederick. “The increased dividend was declared as a result of First Capital, Inc.’s continued profitability and our commitment to returning capital to our shareholders.”

First Capital, Inc. is the holding company for First Harrison Bank. First Harrison currently has eighteen offices in the Indiana communities of Corydon, Edwardsville, Greenville, Floyds Knobs, Palmyra, New Albany, New Salisbury, Jeffersonville, Salem, Lanesville and Charlestown and the Kentucky communities of Shepherdsville, Mt. Washington and Lebanon Junction. Access to First Harrison Bank accounts, including online banking and electronic bill payments, is available anywhere with Internet access through the Bank’s website at www.firstharrison.com. For more information and financial data about First Capital, Inc., please visit Investor Relations at First Harrison Bank’s aforementioned website.

Contact:
Joshua Stevens
Chief Financial Officer
812-738-1570


FAQ

What is First Capital's (FCAP) new quarterly dividend amount?

First Capital's (FCAP) new quarterly dividend is $0.29 per share, representing a 7.4% increase from the previous dividend.

When will First Capital (FCAP) pay its next dividend?

First Capital (FCAP) will pay its next dividend on September 27, 2024, to shareholders of record as of September 13, 2024.

How much did First Capital (FCAP) increase its dividend?

First Capital (FCAP) increased its dividend by $0.02 per share, from $0.27 to $0.29, which represents a 7.4% increase.

What reason did First Capital (FCAP) give for increasing its dividend?

First Capital (FCAP) cited continued profitability and a commitment to returning capital to shareholders as reasons for increasing its dividend.

First Capital Inc

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Banks - Regional
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