City Holding's latest quarterly dividend was on Jul 13, 2023 (ex-date) with a payout of $0.65 per share. On an annualized basis, the company has a current payout of $2.6 per share. This brings the dividend yield to 2.95% based on its recent close price.
CHCO has a dividend yield of 2.95% 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 3.75%, City Holding's dividend yield is 21% lower. Historically CHCO's dividend yield has averaged at 3.0% in the last 5 years, which is in line with the current one.
City Holding has a long history of dividend payments, including the last 21 consecutive years with dividend payouts. CHCO has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 9% since twelve months ago. And with the price of the stock up by 1.3% from a year ago, the dividend yield has an increase of 8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 33.8% which is higher than the Financial Services sector and the industry average but lower than its peers average. But in comparison with the Financial Services sector average of 33.4%, City Holding's payout ratio is only 1.2% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HBAN Huntington Bancshares Inc | 6% | $0.62 | 39.5% |
| UBSI United Bankshares Inc | 5.32% | $1.44 | 49.5% |
| PNC Pnc Financial Services Group Inc | 4.97% | $6.05 | 41.5% |
| SMMF Summit Financial Group Inc | 3.58% | $0.82 | 21% |
| WFC Wells Fargo & Company | 3.05% | $1.25 | 30.9% |
| CHCO City Holding Co | 2.94% | $2.6 | 33.8% |
| JPM Jpmorgan Chase & Co | 2.76% | $4 | 25.7% |
Yes, City Holding has been paying dividends for the last 21 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 October 2023.
City Holding's last regular dividend was on Jul 13, 2023 (ex-date) with the amount of $0.65 per share.
CHCO's annualized dividend per share is $2.6.
The current dividend yield of City Holding is 2.95%.
City Holding pays dividends quarterly.
City Holding's dividend payout ratio is 33.8%.
City Holding's dividend yield is less than the Financial Services sector average.