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Highlands Bankshares, Inc. operates as the bank holding company for The Grant County Bank and Capon Valley Bank that provide various banking products and services for individuals and businesses. The company accepts checking, saving, money market, NOW, individual retirement, and club accounts; and insured cash sweep and CDARS interest-bearing deposits, as well as certificates of deposit. It also offers personal and business loans, such as home mortgage and equity, land and lot, mobile home, auto, personal and business term, agriculture, equipment, and commercial real estate loans, as well as business lines of credit. In addition, the company provides debit and credit cards, kasasa protect, automatic teller machines, business online banking and bill-pay, mobile banking, CardValet, POP money, telephone banking, direct deposits, remote deposit capture, bank-by-mail, certified and cashier's checks, foreign currency exchange, safe deposit box, and wire transfer services. Further, it offers merchant card processing services; and sells life and accident coverage insurance products. The company operates through ten locations in West Virginia and two locations in Virginia. Highlands Bankshares, Inc. was incorporated in 1984 and is based in Petersburg, West Virginia.

Highlands Bankshares Dividend Announcement

Highlands Bankshares announced a quarterly dividend of $0.42 per ordinary share which will be made payable on 2024-08-02. Ex dividend date: 2024-07-29
Highlands Bankshares annual dividend for 2024 was $1.26
Highlands Bankshares annual dividend for 2023 was $1.77
Highlands Bankshares's trailing twelve-month (TTM) dividend yield is 5.59%
Highlands Bankshares's dividend growth over the last five years (2018-2023) was 1.41% year
Highlands Bankshares's dividend growth over the last ten years (2013-2023) was 16.04% year

Highlands Bankshares Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-29$0.42quarterly2024-08-02
2024-04-25$0.42quarterly2024-05-03
2024-02-23$0.42quarterly2024-03-01
2023-10-26$0.42quarterly2023-11-03
2023-07-27$0.45quarterly2023-08-04
2023-04-26$0.45quarterly2023-05-04
2023-02-24$0.45quarterly2023-03-06
2022-10-27$0.45quarterly2022-11-04
2022-07-28$0.45quarterly2022-08-05
2022-04-28$0.45quarterly2022-05-06
2022-02-24$0.45quarterly2022-03-04
2022-02-17$0.45quarterly
2021-10-28$0.45quarterly2021-11-04
2021-07-29$0.42quarterly2021-08-06
2021-04-29$0.40quarterly2021-05-07
2021-02-18$0.40quarterly2021-02-26
2020-10-29$0.40quarterly2020-11-06
2020-07-29$0.40quarterly2020-08-06
2020-04-29$0.45quarterly2020-05-07
2020-02-21$0.45quarterly2020-02-28
2019-10-24$0.45quarterly2019-11-01
2019-07-25$0.45quarterly2019-08-02
2019-04-25$0.45quarterly2019-05-03
2019-02-21$0.45quarterly2019-03-01
2018-10-25$0.45quarterly2018-11-02
2018-07-26$0.45quarterly2018-08-03
2018-04-26$0.45quarterly2018-05-04
2018-02-22$0.30quarterly2018-03-02
2017-10-30$0.30quarterly2017-11-07
2017-07-26$0.28quarterly2017-08-04
2017-04-26$0.28quarterly2017-05-05
2017-03-01$0.28quarterly2017-03-10
2016-10-27$0.28quarterly
2016-07-27$0.28quarterly
2016-04-27$0.26quarterly
2016-02-24$0.26quarterly
2015-10-28$0.25quarterly
2015-07-29$0.25quarterly
2015-04-28$0.25quarterly
2015-02-25$0.25quarterly
2014-10-29$0.25quarterly
2014-07-29$0.19quarterly
2014-04-28$0.15quarterly
2014-02-21$0.15quarterly
2013-10-29$0.10quarterly
2013-07-25$0.10quarterly
2013-04-19$0.10quarterly
2013-02-21$0.10quarterly

Highlands Bankshares Dividend per year

Highlands Bankshares Dividend growth

Highlands Bankshares Dividend Yield

Highlands Bankshares current trailing twelve-month (TTM) dividend yield is 5.59%. Interested in purchasing Highlands Bankshares stock? Use our calculator to estimate your expected dividend yield:

Highlands Bankshares Financial Ratios

P/E ratio5.77
PEG ratio-0.55
P/B ratio0.70
ROE12.68%
Payout ratio0.00%
Current ratio0.18
Quick ratio0.18
Cash Ratio-0.04

Highlands Bankshares Dividend FAQ

How much is the next Highlands Bankshares dividend?
Highlands Bankshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Highlands Bankshares dividend. The next Highlands Bankshares dividend will be released in February, April, July, or October.
When is Highlands Bankshares dividend paid?
Highlands Bankshares pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Highlands Bankshares pay?
The specific amount of Highlands Bankshares dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Highlands Bankshares's dividend history.
Does Highlands Bankshares stock pay dividends?
Yes, Highlands Bankshares does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Highlands Bankshares's dividend history.
How much dividend does Highlands Bankshares pay?
Highlands Bankshares paid $1.26 in 2024, $1.77 in 2023, $2.25 in 2022, $1.67 in 2021, and $1.7 in 2020.
How often does Highlands Bankshares pay dividends?
Highlands Bankshares typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, April, July, and October.
What is Highlands Bankshares's dividend yield?
The current dividend yield for Highlands Bankshares is 5.59%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Highlands Bankshares's exact dividend yield.
When does Highlands Bankshares go ex dividend?
Highlands Bankshares's ex-dividend date for the latest dividend was on 2024-07-29. Highlands Bankshares typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Highlands Bankshares dividend paid?
Highlands Bankshares pays dividends on a quarterly basis, typically around February, April, July, or October, but the exact dates can vary each year.
Will Highlands Bankshares increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Highlands Bankshares will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Highlands Bankshares dividend per share?
Highlands Bankshares paid $1.26 per share in 2024 and $1.77 per share in 2023. The amount of dividend per share that Highlands Bankshares pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Highlands Bankshares a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Highlands Bankshares a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Highlands Bankshares a dividend stock?
Yes, Highlands Bankshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Highlands Bankshares a good dividend stock?
Whether Highlands Bankshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Highlands Bankshares has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Highlands Bankshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Highlands Bankshares pay dividends monthly?
Highlands Bankshares typically pays dividends on a quarterly basis.
Does Highlands Bankshares pay dividends quarterly?
Highlands Bankshares currently pays dividends on a quarterly basis.
Has Highlands Bankshares ever paid a dividend?
Yes, Highlands Bankshares has a history of paying dividends to its shareholders. Highlands Bankshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Highlands Bankshares dividend stocks?
To buy Highlands Bankshares you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Highlands Bankshares stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Highlands Bankshares pay dividends 2024?
Highlands Bankshares pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Highlands Bankshares increase its dividend in 2024?
Decisions regarding Highlands Bankshares dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Highlands Bankshares dividend overview you can look into the above table of dividend history.
How Highlands Bankshares dividend works?
The Highlands Bankshares dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Highlands Bankshares's dividend process works:

1. Determination of Dividend: Highlands Bankshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Highlands Bankshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Highlands Bankshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Highlands Bankshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Highlands Bankshares dividends paid?
Highlands Bankshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Highlands Bankshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Highlands Bankshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Highlands Bankshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Highlands Bankshares pay dividends?
Highlands Bankshares typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Highlands Bankshares pay dividends?
The general pattern is that Highlands Bankshares pays dividends around February, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Highlands Bankshares dividend safe?
The safety of Highlands Bankshares's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Highlands Bankshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Highlands Bankshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.