Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share
April 27 2023 - 5:01PM
Heritage Commerce Corp (Nasdaq: HTBK), the holding
company for Heritage Bank of Commerce, today announced that its
Board of Directors declared its regular quarterly cash dividend of
$0.13 per share to holders of common stock. The dividend will be
payable on May 25, 2023, to shareholders of record at the close of
the business day on May 11, 2023. Heritage Commerce Corp has paid a
regular quarterly cash dividend since 2013.
“We are pleased to again reward our shareholders’ with our
regular quarterly cash dividend as a result of the Company
generating consistent and solid profitability,” said Clay Jones,
President & Chief Executive Officer. “This represents our 39th
consecutive quarterly cash dividend.”
Heritage Commerce Corp, a bank holding company
established in October 1997, is the parent company of Heritage Bank
of Commerce, established in 1994 and headquartered in San Jose, CA
with full-service branches in Danville, Fremont, Gilroy, Hollister,
Livermore, Los Altos, Los Gatos, Morgan Hill, Oakland, Palo Alto,
Pleasanton, Redwood City, San Francisco, San Jose, San Mateo, San
Rafael, and Walnut Creek. Heritage Bank of Commerce is an SBA
Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank
of Commerce, is based in San Jose, CA and provides
business-essential working capital factoring financing to various
industries throughout the United States. For more information,
please visit www.heritagecommercecorp.com.
Member FDIC
For additional information,
contact:Debbie ReuterEVP, Corporate
SecretaryDirect: (408) 494-4542Debbie.Reuter@herbank.com
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