City Holding's latest quarterly dividend was on Apr 12, 2024 (ex-date) with a payout of $0.715 per share. On an annualized basis, the company has a current payout of $2.8 per share. This brings the dividend yield to 2.63% based on its recent close price.
CHCO has a dividend yield of 2.63% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.36%, City Holding's dividend yield is 22% lower. Historically CHCO's dividend yield has averaged at 3.0% in the last 5 years, which is more than the current one.
City Holding has a long history of dividend payments, including the last 22 consecutive years with dividend payouts. CHCO has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 10% since twelve months ago. But with the price of the stock up by 18% from a year ago, the dividend yield has a decrease of 7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 12, 2024 | Apr 30, 2024 | Mar 27, 2024 | $0.715 | normal |
| Jan 11, 2024 | Jan 31, 2024 | Nov 14, 2023 | $0.715 | normal |
| Oct 12, 2023 | Oct 31, 2023 | Sep 27, 2023 | $0.715 | normal |
| Jul 13, 2023 | Jul 31, 2023 | May 31, 2023 | $0.65 | normal |
| Apr 13, 2023 | Apr 28, 2023 | Mar 29, 2023 | $0.65 | normal |
| Jan 12, 2023 | Jan 31, 2023 | Nov 15, 2022 | $0.65 | normal |
| Oct 13, 2022 | Oct 31, 2022 | Sep 28, 2022 | $0.65 | normal |
| Jul 14, 2022 | Jul 29, 2022 | May 25, 2022 | $0.6 | normal |
| Apr 13, 2022 | Apr 29, 2022 | Mar 30, 2022 | $0.6 | normal |
| Jan 13, 2022 | Jan 31, 2022 | Nov 16, 2021 | $0.6 | normal |
| Oct 14, 2021 | Oct 29, 2021 | Sep 29, 2021 | $0.58 | normal |
| Jul 14, 2021 | Jul 30, 2021 | Jun 30, 2021 | $0.58 | normal |
| Apr 14, 2021 | Apr 30, 2021 | Mar 31, 2021 | $0.58 | normal |
| Jan 14, 2021 | Jan 29, 2021 | Dec 16, 2020 | $0.58 | normal |
| Oct 14, 2020 | Oct 30, 2020 | Sep 30, 2020 | $0.57 | normal |
| Jul 14, 2020 | Jul 31, 2020 | Jun 24, 2020 | $0.57 | normal |
| Apr 14, 2020 | Apr 30, 2020 | Mar 25, 2020 | $0.57 | normal |
| Jan 14, 2020 | Jan 31, 2020 | Dec 18, 2019 | $0.57 | normal |
| Oct 11, 2019 | Oct 31, 2019 | Sep 25, 2019 | $0.57 | normal |
| Jul 12, 2019 | Jul 31, 2019 | Jun 26, 2019 | $0.53 | normal |
| Apr 12, 2019 | Apr 30, 2019 | Mar 27, 2019 | $0.53 | normal |
| Jan 14, 2019 | Jan 31, 2019 | Dec 19, 2018 | $0.53 | normal |
| Oct 12, 2018 | Oct 31, 2018 | Sep 26, 2018 | $0.53 | normal |
| Jul 12, 2018 | Jul 31, 2018 | Jun 27, 2018 | $0.46 | normal |
| Apr 12, 2018 | Apr 30, 2018 | Mar 28, 2018 | $0.46 | normal |
| Jan 11, 2018 | Jan 31, 2018 | Dec 13, 2017 | $0.46 | normal |
| Oct 12, 2017 | Oct 31, 2017 | Sep 27, 2017 | $0.44 | normal |
| Jul 12, 2017 | Jul 31, 2017 | Jun 28, 2017 | $0.44 | normal |
| Apr 11, 2017 | Apr 28, 2017 | Mar 29, 2017 | $0.44 | normal |
| Jan 11, 2017 | Jan 31, 2017 | Dec 14, 2016 | $0.43 | normal |
| Oct 12, 2016 | Oct 31, 2016 | Sep 28, 2016 | $0.43 | normal |
| Jul 13, 2016 | Jul 29, 2016 | Jun 29, 2016 | $0.43 | normal |
CHCO has a payout ratio of 36.7% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 39.6%, City Holding's payout ratio is 7% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HBAN Huntington Bancshares Inc | 4.57% | $0.62 | 49.2% |
| UBSI United Bankshares Inc | 4.38% | $1.46 | 53.7% |
| PNC Pnc Financial Services Group Inc | 3.97% | $6.2 | 48.4% |
| SMMF Summit Financial Group Inc | 3.14% | $0.86 | 22.5% |
| CHCO City Holding Co | 2.66% | $2.8 | 36.7% |
| WFC Wells Fargo & Company | 2.25% | $1.35 | 27.7% |
| JPM Jpmorgan Chase & Co | 2.2% | $4.25 | 26.2% |
Yes, City Holding has been paying dividends for the last 22 years.
CHCO hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in July 2024.
City Holding's last regular dividend was on Apr 12, 2024 (ex-date) with the amount of $0.715 per share.
CHCO's annualized dividend per share is $2.8.
The current dividend yield of City Holding is 2.63%.
City Holding pays dividends quarterly.
City Holding's dividend payout ratio is 36.7%.
City Holding's dividend yield is less than the Financial Services sector average.