Veritex Holdings, Inc. Declares Cash Dividend on Common Stock

Rhea-AI Summary

Veritex Holdings, Inc. (Nasdaq: VBTX) has declared a quarterly cash dividend of $0.17 per share on its common stock. This dividend is scheduled for payment on or after August 20, 2020, to shareholders on record as of the close of business on August 6, 2020. As a Texas bank holding company, Veritex conducts its banking activities through Veritex Community Bank, which operates in the Dallas-Fort Worth and Houston areas.

Positive

• Quarterly cash dividend of $0.17 per share announced.
• Demonstrates financial stability and commitment to returning value to shareholders.

Negative

• None.

DALLAS, July 28, 2020 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank, today announced the declaration of a quarterly cash dividend of $0.17 per share on its outstanding common stock. The dividend will be paid on or after August 20, 2020 to shareholders of record as of the close of business on August 6, 2020.

About Veritex Holdings, Inc.

Headquartered in Dallas, Texas, Veritex is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas-Fort Worth metroplex and in the Houston metropolitan area. Veritex Community Bank is a Texas state chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System. For more information, visit www.veritexbank.com.

Forward Looking Statement

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements include statements regarding Veritex's projected plans and objectives, including the expected payment date of its common stock dividend. Forward-looking statements are typically identified by words such as “believe,” “expect,” “anticipate,” “intend,” “target,” “estimate,” “continue,” “positions,” “prospects” or “potential,” by future conditional verbs such as “will,” “would,” “should,” “could” or “may”, or by variations of such words or by similar expressions. These forward-looking statements are subject to numerous assumptions, risks and uncertainties which change over time. Forward-looking statements speak only as of the date they are made and Veritex assumes no duty to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Source: Veritex Holdings, Inc.

Media Contact:
LaVonda Renfro
972-349-6200
 

Investor Relations:
Susan Caudle
972-349-6132

FAQ

What is the dividend amount for Veritex Holdings (VBTX)?

The dividend amount for Veritex Holdings (VBTX) is $0.17 per share.

When will the dividend for VBTX be paid?

The dividend will be paid on or after August 20, 2020.

What is the record date for the VBTX dividend?

The record date for the VBTX dividend is August 6, 2020.

How often does Veritex Holdings pay dividends?

Veritex Holdings typically pays dividends quarterly.