USCB Financial Holdings, Inc. Declares Quarterly Cash Dividend on Common Stock

Rhea-AI Summary

USCB Financial Holdings, Inc. declares a quarterly cash dividend of $0.05 per share of Class A common stock, payable on June 5, 2024. The dividend is subject to quarterly review and approval by the Board of Directors.

Positive

• The declaration of a regular quarterly cash dividend shows the company's commitment to rewarding shareholders.
• The dividend amount of $0.05 per share indicates a stable financial position.
• The future dividend payments will be subject to quarterly review and approval by the Board of Directors, ensuring financial prudence.
• The announcement reflects the company's confidence in its financial performance and cash flow.
• Shareholders of record as of May 15, 2024, will be eligible to receive the dividend.
• The dividend payment date is set for June 5, 2024, providing investors with a clear timeline for receiving returns.

Negative

• None.

MIAMI, April 23, 2024 (GLOBE NEWSWIRE) -- USCB Financial Holdings, Inc. (the “Company”) (NASDAQ: USCB), the holding company for U.S. Century Bank (the “Bank”), announced today that its Board of Directors declared a regular quarterly cash dividend of $0.05 per share of Class A common stock, payable on June 5, 2024, to shareholders of record as of the close of business on May 15, 2024. Future dividend payments are subject to quarterly review and approval by the Board of Directors.

About USCB Financial Holdings, Inc.
USCB Financial Holdings, Inc. is the bank holding company for U.S. Century Bank. Established in 2002, U.S. Century Bank is one of the largest community banks headquartered in Miami, and one of the largest community banks in the state of Florida. U.S. Century Bank is rated 5-Stars by BauerFinancial, the nation’s leading independent bank rating firm. U.S. Century Bank offers customers a wide range of financial products and services and supports numerous community organizations, including the Greater Miami Chamber of Commerce, the South Florida Hispanic Chamber of Commerce, and ChamberSouth. For more information or to find a U.S. Century Bank banking center near you, please call (305) 715-5200 or visit www.uscentury.com.

Contacts:

Investor Relations
InvestorRelations@uscentury.com

Martha Guerra-Kattou
MGuerra@uscentury.com

 

FAQ

What dividend has USCB Financial Holdings, Inc. declared on its common stock?

USCB Financial Holdings, Inc. has declared a quarterly cash dividend of $0.05 per share of Class A common stock.

When will the dividend be payable to shareholders?

The dividend will be payable on June 5, 2024.

Who is eligible to receive the dividend?

Shareholders of record as of the close of business on May 15, 2024, are eligible to receive the dividend.

How often are future dividend payments subject to review?

Future dividend payments are subject to quarterly review and approval by the Board of Directors.

What is the ticker symbol of USCB Financial Holdings, Inc.?

The ticker symbol of USCB Financial Holdings, Inc. is USCB.