Veritex Holdings, Inc. Declares Cash Dividend on Common Stock

Rhea-AI Summary

Veritex Holdings, Inc. (Nasdaq: VBTX) announced a quarterly cash dividend of $0.20 per share on its outstanding common stock. The dividend is set to be paid on or after November 25, 2022, to shareholders recorded as of November 11, 2022. This decision underscores the company’s commitment to returning value to its shareholders while maintaining a solid financial position.

Positive

• Quarterly cash dividend of $0.20 per share enhances shareholder value.
• Dividend payment demonstrates company confidence and financial health.

Negative

• None.

DALLAS, Oct. 25, 2022 (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 $0.20 per share on its outstanding common stock. The dividend will be paid on or after November 25, 2022 to shareholders of record as of November 11, 2022.

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 includes “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,” “seek,” “plan,” “outlook,” “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 and are beyond Veritex’s control. Forward-looking statements speak only as of the date they are made and Veritex assumes no duty to supplement, update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Source: Veritex Holdings, Inc.

FAQ

When is the dividend payment date for Veritex Holdings (VBTX)?

The dividend payment date is on or after November 25, 2022.

What is the dividend amount declared by Veritex Holdings (VBTX)?

The declared dividend amount is $0.20 per share.

Who is eligible to receive the dividend from Veritex Holdings (VBTX)?

Shareholders of record as of November 11, 2022, are eligible to receive the dividend.