Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share

Rhea-AI Summary

Heritage Commerce Corp (Nasdaq: HTBK) has declared a quarterly cash dividend of $0.13 per share for its common stockholders. This dividend is set to be payable on August 26, 2021, to shareholders recorded as of August 12, 2021. The bank, headquartered in San Jose, CA, operates multiple full-service branches and is recognized as an SBA Preferred Lender, reinforcing its commitment to providing essential financial services across various industries.

Positive

• Quarterly cash dividend of $0.13 per share enhances shareholder income.
• Demonstrates company confidence in financial stability.

Negative

• None.

SAN JOSE, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors declared its regular quarterly cash dividend of $0.13 per share to holders of common stock. The dividend will be payable on August 26, 2021, to shareholders of record at close of business day on August 12, 2021.

Heritage Commerce Corp, a bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Palo Alto, Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, Sunnyvale, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, is based in San Jose, CA and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, please visit www.heritagecommercecorp.com.

Member FDIC

For additional information, contact:
Debbie Reuter
EVP, Corporate Secretary
Direct: (408) 494-4542
Debbie.Reuter@herbank.com

FAQ

What is the dividend amount declared by Heritage Commerce Corp (HTBK)?

Heritage Commerce Corp has declared a quarterly cash dividend of $0.13 per share.

When will the dividend for HTBK be paid?

The dividend will be payable on August 26, 2021.

What is the record date for the dividend payment for HTBK?

The record date for the dividend payment is August 12, 2021.

Is Heritage Commerce Corp (HTBK) an SBA Preferred Lender?

Yes, Heritage Bank of Commerce, a subsidiary of Heritage Commerce Corp, is an SBA Preferred Lender.