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 2024-11-01. Ex dividend date: 2024-10-25
• Highlands Bankshares annual dividend for 2024 was $1.68
• Highlands Bankshares annual dividend for 2023 was $1.77
• Highlands Bankshares's trailing twelve-month (TTM) dividend yield is 5.13%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-25 | $0.42 | quarterly | 2024-11-01 |
2024-07-29 | $0.42 | quarterly | 2024-08-02 |
2024-04-25 | $0.42 | quarterly | 2024-05-03 |
2024-02-23 | $0.42 | quarterly | 2024-03-01 |
2023-10-26 | $0.42 | quarterly | 2023-11-03 |
2023-07-27 | $0.45 | quarterly | 2023-08-04 |
2023-04-26 | $0.45 | quarterly | 2023-05-04 |
2023-02-24 | $0.45 | quarterly | 2023-03-06 |
2022-10-27 | $0.45 | quarterly | 2022-11-04 |
2022-07-28 | $0.45 | quarterly | 2022-08-05 |
2022-04-28 | $0.45 | quarterly | 2022-05-06 |
2022-02-24 | $0.45 | quarterly | 2022-03-04 |
2022-02-17 | $0.45 | quarterly | |
2021-10-28 | $0.45 | quarterly | 2021-11-04 |
2021-07-29 | $0.42 | quarterly | 2021-08-06 |
2021-04-29 | $0.40 | quarterly | 2021-05-07 |
2021-02-18 | $0.40 | quarterly | 2021-02-26 |
2020-10-29 | $0.40 | quarterly | 2020-11-06 |
2020-07-29 | $0.40 | quarterly | 2020-08-06 |
2020-04-29 | $0.45 | quarterly | 2020-05-07 |
2020-02-21 | $0.45 | quarterly | 2020-02-28 |
2019-10-24 | $0.45 | quarterly | 2019-11-01 |
2019-07-25 | $0.45 | quarterly | 2019-08-02 |
2019-04-25 | $0.45 | quarterly | 2019-05-03 |
2019-02-21 | $0.45 | quarterly | 2019-03-01 |
2018-10-25 | $0.45 | quarterly | 2018-11-02 |
2018-07-26 | $0.45 | quarterly | 2018-08-03 |
2018-04-26 | $0.45 | quarterly | 2018-05-04 |
2018-02-22 | $0.30 | quarterly | 2018-03-02 |
2017-10-30 | $0.30 | quarterly | 2017-11-07 |
2017-07-26 | $0.28 | quarterly | 2017-08-04 |
2017-04-26 | $0.28 | quarterly | 2017-05-05 |
2017-03-01 | $0.28 | quarterly | 2017-03-10 |
2016-10-27 | $0.28 | quarterly | |
2016-07-27 | $0.28 | quarterly | |
2016-04-27 | $0.26 | quarterly | |
2016-02-24 | $0.26 | quarterly | |
2015-10-28 | $0.25 | quarterly | |
2015-07-29 | $0.25 | quarterly | |
2015-04-28 | $0.25 | quarterly | |
2015-02-25 | $0.25 | quarterly | |
2014-10-29 | $0.25 | quarterly | |
2014-07-29 | $0.19 | quarterly | |
2014-04-28 | $0.15 | quarterly | |
2014-02-21 | $0.15 | quarterly | |
2013-10-29 | $0.10 | quarterly | |
2013-07-25 | $0.10 | quarterly | |
2013-04-19 | $0.10 | quarterly | |
2013-02-21 | $0.10 | quarterly |
Highlands Bankshares Dividend per year
Highlands Bankshares Dividend growth
Highlands Bankshares Dividend Yield
Highlands Bankshares current trailing twelve-month (TTM) dividend yield is 5.13%. Interested in purchasing Highlands Bankshares stock? Use our calculator to estimate your expected dividend yield:
Highlands Bankshares Financial Ratios
Highlands Bankshares Dividend FAQ
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.
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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.
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.
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.