Veritex Holdings hikes dividend by 17.6%

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Veritex Holdings (VBTX) will raise its quarterly dividend by 17.6 percent to 20 cents per share in 2021. This comes after a dividend hike of 36.0 percent to $0.125 per share announced early in 2020. In 2019 the bank holding company started paying quarterly dividends.

The next dividend is payable on August 19, 2021, to stockholders of record as of August 5, 2021. The estimated dividend yield for VBTX is 2.3% at a stock price of $34.63. The next ex-dividend date for VBTX is August 4, 2021.

Veritex Holdings, Inc. is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas-Fort Worth metroplex and in the Houston metropolitan area. Veritex Community Bank is a Texas state chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System. The company initiated a quarterly dividend in 2019.

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