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

National Bank Holdings Corporation (NYSE:NBHC) declared a quarterly dividend on Thursday, May 7th. Investors 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) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, May 29th.

National Bank has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 10 consecutive years. National Bank has a dividend payout ratio of 38.9% indicating that 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 Down 0.4%

Shares of National Bank stock opened at $42.78 on Friday. 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 has a twelve month low of $35.06 and a twelve month high of $43.86. The firm has a market capitalization of $1.93 billion, a PE ratio of 15.96 and a beta of 0.80. The firm’s 50-day moving average price is $40.52 and its 200 day moving average price is $39.50.

National Bank (NYSE:NBHC) last announced its earnings results on Tuesday, April 21st. The financial services provider reported $0.72 EPS for the quarter, beating 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 return on equity of 8.72% and a net margin of 17.14%.The business’s revenue was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.63 earnings per share. On average, sell-side analysts predict that National Bank will post 3.51 EPS 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.