Nicolet Bankshares, Inc. Declares Cash Dividend to Shareholders

Rhea-AI Summary

Nicolet Bankshares (NYSE: NIC) has announced a quarterly cash dividend of $0.28 per share, marking a 12% increase from the previous quarter's dividend of $0.25. This decision highlights the Board of Directors' confidence in the company's financial health and commitment to delivering shareholder value. The dividend will be payable on June 14, 2024, to shareholders of record as of June 3, 2024.

Positive

• Quarterly dividend increase by 12%, from $0.25 to $0.28 per share.
• Board of Directors' confidence in the company's financial stability.
• Commitment to delivering shareholder value.

Negative

• None.

GREEN BAY, Wis.--(BUSINESS WIRE)-- Nicolet Bankshares, Inc. (NYSE: NIC) (“Nicolet”) announced its Board of Directors has declared a quarterly cash dividend of $0.28 per share to shareholders of its common stock, an increase of $0.03 per share, or 12% over the prior quarter. The dividend will be payable on June 14, 2024 to shareholders of record as of June 3, 2024.

About Nicolet Bankshares, Inc.

Nicolet Bankshares, Inc. is the bank holding company of Nicolet National Bank, a growing, full-service, community bank providing services ranging from commercial, agricultural and consumer banking to wealth management and retirement plan services. Founded in Green Bay in 2000, Nicolet National Bank operates branches primarily in Wisconsin, Michigan, and Minnesota. More information can be found at www.nicoletbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240520781926/en/

ir@nicoletbank.com

Source: Nicolet Bankshares, Inc.

FAQ

What is the new dividend per share announced by Nicolet Bankshares?

The new dividend per share announced by Nicolet Bankshares is $0.28.

By how much did Nicolet Bankshares increase its dividend?

Nicolet Bankshares increased its dividend by $0.03 per share, or 12%.

When will the new dividend from Nicolet Bankshares be payable?

The new dividend from Nicolet Bankshares will be payable on June 14, 2024.

What is the record date for Nicolet Bankshares' dividend?

The record date for Nicolet Bankshares' dividend is June 3, 2024.