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, payable on or after August 26, 2022, to shareholders on record as of August 12, 2022. Headquartered in Dallas, Texas, Veritex provides banking services through its subsidiary, Veritex Community Bank, covering the Dallas-Fort Worth and Houston areas. This announcement underscores the company's commitment to returning value to shareholders while maintaining operational stability.

Positive

• Declaration of a quarterly cash dividend of $0.20 per share.
• Commitment to enhancing shareholder value.
• Strong operational presence in Dallas-Fort Worth and Houston metro areas.

Negative

• None.

DALLAS, July 27, 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 August 26, 2022. to shareholders of record as of August 12, 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

What is the dividend amount declared by Veritex Holdings?

Veritex Holdings declared a quarterly cash dividend of $0.20 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on or after August 26, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is August 12, 2022.

How often does Veritex Holdings declare dividends?

Veritex Holdings declares dividends on a quarterly basis.

Is the dividend from Veritex Holdings sustainable?

While this announcement is positive for shareholders, the sustainability of future dividends will depend on the company's financial performance.