National Bank Holdings Corporation (NYSE:NBHC) Plans $0.32 Quarterly Dividend

National Bank Holdings Corporation (NYSE:NBHC) announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Friday, August 28th will be paid a dividend of 0.32 per share by the financial services provider on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, August 28th.

National Bank has increased its dividend by an average of 0.1%per year 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 research analysts expect National Bank to earn $4.03 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 31.8%.

National Bank Stock Performance

Shares of NYSE:NBHC opened at $43.46 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.97 and a quick ratio of 0.96. National Bank has a 1 year low of $35.06 and a 1 year high of $47.28. The firm has a market capitalization of $1.95 billion, a PE ratio of 18.26 and a beta of 0.79. The business’s 50 day moving average price is $43.52 and its 200-day moving average price is $41.80.

National Bank (NYSE:NBHC) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.78 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.03). The firm had revenue of $129.06 million during the quarter, compared to analyst estimates of $135.08 million. National Bank had a net margin of 15.11% and a return on equity of 8.35%. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.88 earnings per share. As a group, equities research analysts expect that National Bank will post 3.35 earnings per share for the current fiscal year.

National Bank Company Profile

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.