National Bank Holdings Corporation (NBHC) To Go Ex-Dividend on August 28th

National Bank Holdings Corporation (NYSE:NBHC) announced a quarterly dividend on Tuesday, August 4th. Shareholders 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 yield of 3.1%. The ex-dividend date is Friday, August 28th.

National Bank has raised its dividend payment 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 payout ratio of 38.9% meaning its dividend is sufficiently covered by earnings. Equities 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 Down 1.1%

Shares of NBHC opened at $41.32 on Wednesday. The stock has a market capitalization of $1.84 billion, a PE ratio of 17.36 and a beta of 0.79. National Bank has a 1 year low of $35.06 and a 1 year high of $47.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.96 and a current ratio of 0.97. The company’s 50-day simple moving average is $43.63 and its 200-day simple moving average is $42.00.

National Bank (NYSE:NBHC) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.03). National Bank had a net margin of 15.11% and a return on equity of 8.35%. The business had revenue of $129.94 million during the quarter, compared to analyst estimates of $135.08 million. During the same quarter last year, the firm posted $0.88 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. Analysts forecast that National Bank will post 3.35 earnings per share for the current fiscal 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.