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 common stockholders. This dividend will be payable on February 26, 2021, to shareholders recorded by the close of business on February 12, 2021. As a bank holding company, Heritage Commerce Corp operates through its subsidiary, Heritage Bank of Commerce, which has full-service branches across various locations in California. The bank is known for its role as an SBA Preferred Lender.

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• Quarterly cash dividend of $0.13 per share strengthens shareholder income.

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• None.

SAN JOSE, Calif., Jan. 28, 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 February 26, 2021, to shareholders of record at close of business day on February 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 declared a quarterly cash dividend of $0.13 per share.

When will the dividend for HTBK be paid?

The dividend will be payable on February 26, 2021.

What is the record date for the HTBK dividend?

The record date for the dividend is February 12, 2021.

Is Heritage Commerce Corp (HTBK) a bank holding company?

Yes, Heritage Commerce Corp is a bank holding company for Heritage Bank of Commerce.

Where is Heritage Bank of Commerce located?

Heritage Bank of Commerce is headquartered in San Jose, California.