South Plains Financial, Inc. Announces 7% Increase to Quarterly Cash Dividend
South Plains Financial, Inc. (NASDAQ:SPFI), the parent company of City Bank, has announced a 7% increase in its quarterly cash dividend. The Board of Directors has declared a dividend of $0.15 per share of common stock, up from the previous dividend declared in July 2024. This increased dividend will be payable on November 12, 2024 to shareholders of record as of the close of business on October 28, 2024. The announcement demonstrates South Plains' commitment to delivering value to its shareholders and reflects the company's confidence in its financial position and future prospects.
South Plains Financial, Inc. (NASDAQ:SPFI), la società madre di City Bank, ha annunciato un aumento del 7% del suo dividendo in contante trimestrale. Il Consiglio di Amministrazione ha dichiarato un dividendo di $0,15 per azione di azioni ordinarie, rispetto al dividendo precedente dichiarato a luglio 2024. Questo dividendo aumentato sarà pagabile il 12 novembre 2024 agli azionisti registrati alla chiusura delle attività del 28 ottobre 2024. L'annuncio dimostra l'impegno di South Plains nel fornire valore ai suoi azionisti e riflette la fiducia della società nella propria posizione finanziaria e nelle prospettive future.
South Plains Financial, Inc. (NASDAQ:SPFI), la empresa matriz de City Bank, ha anunciado un aumento del 7% en su dividendo en efectivo trimestral. La Junta Directiva ha declarado un dividendo de $0.15 por acción de acciones ordinarias, en comparación con el dividendo anterior declarado en julio de 2024. Este aumento del dividendo será pagadero el 12 de noviembre de 2024 a los accionistas registrados al cierre de operaciones del 28 de octubre de 2024. El anuncio demuestra el compromiso de South Plains de ofrecer valor a sus accionistas y refleja la confianza de la empresa en su posición financiera y perspectivas futuras.
사우스 플레인스 파이낸셜, Inc. (NASDAQ:SPFI), 시티 뱅크의 모회사,가 분기 현금 배당금을 7% 인상한다고 발표했습니다. 이사회는 보통주 주당 $0.15의 배당금을 선언했으며, 이는 2024년 7월에 선언된 이전 배당금에서 증가한 것입니다. 이번 인상된 배당금은 2024년 11월 12일에 2024년 10월 28일 기준으로 등록된 주주에게 지급될 예정입니다. 이 발표는 사우스 플레인스가 주주에게 가치를 제공하려는 의지를 보이며, 회사의 재무 상황과 미래 전망에 대한 자신감을 반영합니다.
South Plains Financial, Inc. (NASDAQ:SPFI), la société mère de City Bank, a annoncé une augmentation de 7 % de son dividende trimestriel en espèces. Le Conseil d'Administration a déclaré un dividende de 0,15 $ par action d'actions ordinaires, en hausse par rapport au dividende précédent déclaré en juillet 2024. Ce dividende augmenté sera payable le 12 novembre 2024 aux actionnaires enregistrés à la clôture des affaires le 28 octobre 2024. Cette annonce démontre l'engagement de South Plains à offrir de la valeur à ses actionnaires et reflète la confiance de l'entreprise dans sa position financière et ses perspectives d'avenir.
South Plains Financial, Inc. (NASDAQ:SPFI), die Muttergesellschaft der City Bank, hat eine 7%ige Erhöhung ihrer vierteljährlichen Bar-Dividende angekündigt. Der Vorstand hat eine Dividende von 0,15 $ pro Aktie für Stammaktien erklärt, was eine Erhöhung im Vergleich zur vorherigen Dividende darstellt, die im Juli 2024 erklärt wurde. Diese erhöhte Dividende wird am 12. November 2024 an die Aktionäre ausgezahlt, die am 28. Oktober 2024 im Handelsregister stehen. Die Ankündigung zeigt das Engagement von South Plains, seinen Aktionären Wert zu bieten, und spiegelt das Vertrauen des Unternehmens in seine finanzielle Lage und zukünftigen Perspektiven wider.
- 7% increase in quarterly cash dividend
- Dividend raised to $0.15 per share
- Demonstrates company's confidence in financial position
- None.
LUBBOCK, Texas, Oct. 17, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declared a quarterly cash dividend of
About South Plains Financial, Inc.
South Plains is the bank holding company for City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks in West Texas and has additional banking operations in the Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, and the Ruidoso, New Mexico market. South Plains provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. Its principal business activities include commercial and retail banking, along with investment, trust and mortgage services. Please visit https://www.spfi.bank for more information.
| Contact: | Mikella Newsom, Chief Risk Officer and Secretary |
| investors@city.bank | |
| (866) 771-3347 | |
Source: South Plains Financial, Inc.
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