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Kish Bancorp, Inc. Increases Quarterly Cash Dividend by 5% to $0.39 Per Share

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Kish Bancorp, Inc. (OTCQX: KISB), the parent company of Kish Bank, has announced a 5% increase in its regular quarterly cash dividend. The Board of Directors approved a $0.02 increase, bringing the dividend to $0.39 per share. This marks the ninth consecutive year of dividend increases for Kish. The dividend will be payable on October 31, 2024, to shareholders of record as of October 15, 2024. William P. Hayes, Executive Chairman, attributed this increase to the company's continued profitable operations. Notably, Kish has maintained an uninterrupted streak of dividend payments since 1987, demonstrating its long-standing commitment to shareholder returns.

Kish Bancorp, Inc. (OTCQX: KISB), la società madre di Kish Bank, ha annunciato un aumento del 5% del suo dividendo in contante trimestrale regolare. Il Consiglio di Amministrazione ha approvato un aumento di $0.02, portando il dividendo a $0.39 per azione. Questo segna il nono anno consecutivo di aumenti dei dividendi per Kish. Il dividendo sarà pagabile il 31 ottobre 2024, agli azionisti registrati al 15 ottobre 2024. William P. Hayes, Presidente Esecutivo, ha attribuito questo aumento alle continue operazioni redditizie dell'azienda. È importante notare che Kish ha mantenuto un'ininterrotta serie di pagamenti dei dividendi sin dal 1987, dimostrando il suo impegno a lungo termine nei confronti dei rendimenti per gli azionisti.

Kish Bancorp, Inc. (OTCQX: KISB), la compañía madre de Kish Bank, ha anunciado un aumento del 5% en su dividendo en efectivo trimestral regular. La Junta Directiva aprobó un aumento de $0.02, llevando el dividendo a $0.39 por acción. Este es el noveno año consecutivo de aumento de dividendos para Kish. El dividendo se pagará el 31 de octubre de 2024, a los accionistas registrados a partir del 15 de octubre de 2024. William P. Hayes, Presidente Ejecutivo, atribuyó este aumento a las continuas operaciones rentables de la empresa. Cabe destacar que Kish ha mantenido una racha ininterrumpida de pagos de dividendos desde 1987, demostrando su compromiso a largo plazo con los rendimientos para los accionistas.

Kish Bancorp, Inc. (OTCQX: KISB), Kish Bank의 모회사,가 정기 분기 현금 배당금을 5% 인상했다고 발표했습니다. 이사회는 $0.02 인상을 승인하여 배당금을 주당 $0.39으로 설정했습니다. 이는 Kish의 아홉 번째 연속 증가를 기록한 것입니다. 배당금은 2024년 10월 31일에 지급되며, 2024년 10월 15일 기준 주주에게 지급됩니다. 윌리엄 P. 헤이즈 집행 회장은 이 인상을 회사의 지속적인 수익성 있는 운영에 기인한다고 설명했습니다. 특히, Kish는 1987년 이후로 중단 없이 배당금을 지급해 왔으며, 이는 주주 수익에 대한 오랜 헌신을 보여줍니다.

Kish Bancorp, Inc. (OTCQX: KISB), la société mère de Kish Bank, a annoncé une augmentation de 5 % de son dividende en espèces trimestriel régulier. Le Conseil d'administration a approuvé une augmentation de $0.02, portant le dividende à $0.39 par action. Cela marque la neuvième année consécutive d'augmentation des dividendes pour Kish. Le dividende sera payable le 31 octobre 2024, aux actionnaires inscrits au 15 octobre 2024. William P. Hayes, Président Exécutif, a attribué cette augmentation aux opérations rentables continues de l'entreprise. Il est à noter que Kish maintient une série ininterrompue de paiements de dividendes depuis 1987, ce qui démontre son engagement de longue date envers les rendements des actionnaires.

Kish Bancorp, Inc. (OTCQX: KISB), die Muttergesellschaft der Kish Bank, hat eine Erhöhung von 5 % bei ihrer regulären vierteljährlichen Bardividende bekannt gegeben. Der Vorstand genehmigte eine Erhöhung um $0.02, wodurch die Dividende auf $0.39 pro Aktie steigt. Dies stellt das neunte Jahr in Folge dar, in dem die Dividende erhöht wurde. Die Dividende wird am 31. Oktober 2024 an die zum 15. Oktober 2024 registrierten Aktionäre ausgezahlt. William P. Hayes, Exekutivvorsitzender, führte diese Erhöhung auf die anhaltend profitablen Geschäfte des Unternehmens zurück. Bemerkenswert ist, dass Kish seit 1987 ununterbrochen Dividenden gezahlt hat, was das langfristige Engagement für die Renditen der Aktionäre unterstreicht.

Positive
  • Quarterly cash dividend increased by 5% to $0.39 per share
  • Ninth consecutive year of dividend increases
  • Continued profitable operations reported
  • Uninterrupted dividend payments since 1987
Negative
  • None.

STATE COLLEGE, Pa.--(BUSINESS WIRE)-- Kish Bancorp, Inc. (OTCQX: KISB), (“Kish” or the “Company”) parent company of Kish Bank, today announced that on October 1, 2024, its Board of Directors increased its regular quarterly cash dividend by $0.02, or 5%, to $0.39 per share. The dividend will be payable October 31, 2024, to shareholders of record on October 15, 2024.

“We continue to generate profitable operations, which sustains our ability to steadily increase the cash dividend for the ninth consecutive year,” stated William P. Hayes, Executive Chairman. Kish has paid uninterrupted dividends since 1987.

About Kish Bancorp, Inc.

Kish Bancorp, Inc. is a diversified financial services corporation headquartered in Belleville, PA with executive offices in State College and an Innovation Center in Reedsville. Kish Bank, a subsidiary of Kish Bancorp, Inc., operates 19 locations serving Centre, Mifflin, Huntingdon, Blair, and Juniata counties, and northeastern Ohio. In addition to Kish Bank, other business units include: Kish Insurance, an independent property and casualty insurance agency; Kish Financial Solutions, which offers trust, fiduciary, and wealth management advisory services; Kish Benefits Consulting, which provides employee benefits consulting services; and Kish Travel, a full-service travel agency. KISB is the OTCQX stock ticker symbol for Kish Bancorp, Inc. For additional information, please visit ir.kishbancorp.com or otcmarkets.com/stock/KISB.

In June of 2024, Kish Bancorp, Inc. was ranked 38th on American Banker Magazine’s list of Top 100 Publicly Traded Community Banks and Thrifts based on three-year average return on equity as of December 31, 2023. The rankings are derived from all publicly traded banks and thrifts in the U.S. with less than $2 billion in assets.

Amanda Dutrow, AVP, Administrative Services Manager, 814-325-7252

Source: Kish Bancorp, Inc.

FAQ

What is the new quarterly dividend amount for Kish Bancorp (KISB)?

Kish Bancorp (KISB) has increased its quarterly cash dividend to $0.39 per share, representing a 5% increase from the previous dividend.

When will Kish Bancorp (KISB) pay its next dividend?

Kish Bancorp (KISB) will pay its next dividend on October 31, 2024, to shareholders of record as of October 15, 2024.

How long has Kish Bancorp (KISB) been increasing its dividend?

Kish Bancorp (KISB) has been increasing its dividend for nine consecutive years, as stated in the press release.

Since when has Kish Bancorp (KISB) been paying uninterrupted dividends?

Kish Bancorp (KISB) has been paying uninterrupted dividends since 1987, demonstrating a long history of consistent shareholder returns.

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