Veritex Holdings, Inc. Declares the Initiation of a Regular Quarterly Cash Dividend, Payable on or After February 21, 2019
January 28, 2019 at 04:55 pm
Share
Veritex Holdings, Inc. announced that its Board of Directors declared the initiation of a regular quarterly cash dividend of $0.125 per share on its outstanding common stock. The dividend will be paid on or after February 21, 2019 to shareholders of record as of February 7, 2019. This is the first common stock dividend declared by the Board of Directors of the Company and reflects the strength of the Company's performance over the last fiscal year and the higher level of organic capital generation that resulted from the lower effective tax rates in the 2017 Tax Cuts and Jobs Act.
Veritex Holdings, Inc. is a bank holding company. The Company conducts banking activities through its wholly owned subsidiary, Veritex Community Bank (the Bank), a Texas state bank, which provides a full range of banking services, including commercial and retail lending and checking and savings deposit products, to individual and corporate customers. It operates through the community banking segment. The Bank provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals. It offers online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as ATMs, and mobile and digital banking, mail and personal appointments. It also offers debit cards, night depository, direct deposit, cashierâs checks and letters of credit. It also offers a full array of commercial treasury management services.