Equity Bancshares hikes dividend by 25%
Equity Bancshares (EQBK) will hike its quarterly dividend by 25% to 15 cents per share in 2025. This follows a 20% hike in 2023 by the bank. At a stock price of $45.50 the dividend yield is 1.3%. The next dividend will be paid on September 30, 2024.
Equity Bancshares (EQBK), a regional bank headquartered in Wichita, Kansas, has announced a 25% increase to its quarterly dividend, raising it to $0.15 per share. This follows a 20% hike in 2023, reflecting the bank’s ongoing commitment to enhancing shareholder value. At the current stock price of $45.50, EQBK’s dividend yield stands at 1.3%.
The newly announced dividend is scheduled to be paid on September 30, 2024. The significant increase underscores the bank’s strong financial performance and disciplined approach to capital management.
About Equity Bancshares
Equity Bancshares operates as a community-focused regional bank, providing a wide range of financial services to individual, business, and governmental clients. With a network of locations across Kansas, Missouri, Arkansas, and Oklahoma, the bank has established itself as a reliable partner in fostering local economic growth.
In addition to traditional banking services, Equity Bancshares offers a suite of digital solutions, catering to the evolving needs of its customers. Its focus on community involvement and personalized service positions it as a preferred choice in the regions it serves.
Key Highlights of EQBK’s Dividend History
Consistent Growth: The 25% increase follows a 20% hike in 2023, highlighting EQBK’s ongoing efforts to reward its shareholders.
Attractive Yield: With a 1.3% dividend yield at the current stock price, the bank’s payouts provide steady income to investors while reflecting its financial health.
Commitment to Shareholders: EQBK’s dividend growth aligns with its broader strategy of delivering value through disciplined capital deployment.
Equity Bancshares’ ability to sustain and grow its dividend is a testament to its resilient operating model and focus on community banking excellence. The upcoming dividend payment further strengthens its track record of rewarding shareholders and supporting long-term growth.
