National Bank Holdings Corporation (NBHC) to Issue Quarterly Dividend of $0.32 on June 15th

National Bank Holdings Corporation (NYSE:NBHC) declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Friday, May 29th will be given a dividend of 0.32 per share by the financial services provider on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, May 29th.

National Bank has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 10 years. National Bank has a dividend payout ratio of 38.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect National Bank to earn $4.18 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 30.6%.

National Bank Trading Up 0.1%

NYSE NBHC opened at $42.84 on Friday. The company has a fifty day simple moving average of $40.52 and a two-hundred day simple moving average of $39.50. The stock has a market cap of $1.93 billion, a P/E ratio of 15.98 and a beta of 0.80. National Bank has a 12-month low of $35.06 and a 12-month high of $43.86. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12.

National Bank (NYSE:NBHC) last posted its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.07. The business had revenue of $126.78 million during the quarter, compared to analysts’ expectations of $129.30 million. National Bank had a net margin of 17.14% and a return on equity of 8.72%. The business’s quarterly revenue was up 37.8% on a year-over-year basis. During the same quarter last year, the company posted $0.63 earnings per share. On average, analysts forecast that National Bank will post 3.51 earnings per share for the current year.

About National Bank

National Bank Holdings Corporation (NYSE: NBHC) is a diversified financial services holding company headquartered in Cape Girardeau, Missouri. Through its network of community bank subsidiaries, the company provides deposit, lending and payment solutions to consumer, small business and commercial clients across multiple U.S. markets.

Since its founding in 1992, National Bank Holdings has pursued a growth strategy focused on acquiring and integrating locally branded community banks. Its footprint spans the Midwest and Southern United States, including Missouri, Kansas, Oklahoma, Texas, Colorado, Illinois and Tennessee.