By Denny Jacob
Bank holding company City Holding raised its dividend 10% to 71.5 cents a share from 65 cents.
The new payout, equal to $2.86 a year, represents an annual yield of about 3.3% based on Tuesday’s closing price of $87.73.
City Holding said the dividend is payable on Oct. 31 to shareholders of record as of Oct. 13.
Write to Denny Jacob at [email protected]
Read the full article here