National Capital Bank of Washington increases its quarterly payout to $0.26, marking a near-24% rise from the previous $0.21.
National Capital Bank of Washington announced a 23.8% increase in its quarterly dividend to $0.26 per share. The new payout reflects a raise from the prior $0.21 distribution.
The dividend is payable on August 28 to shareholders of record as of August 14, with the ex-dividend date also set for August 14. The bank’s previous dividend stood at $0.21, last adjusted in the prior quarter.
No immediate market reaction was disclosed in the announcement.