Esquire Financial Holdings, Inc. (NASDAQ: ESQ) has announced a 20% increase in its regular quarterly dividend for common stockholders, raising it to $0.15 per share. The dividend is payable on March 1, 2024, to stockholders of record on February 15, 2024. Andrew C. Sagliocca, Vice Chairman, CEO, and President of Esquire Financial Holdings, Inc., highlighted the company's strong performance, stating, "Our consistent industry leading performance and growth over the past several years has allowed the company to increase its regular stockholder dividend by 20%. This marks the third consecutive increase for Esquire's stockholders since initiating dividends in 2022."
Esquire Financial Holdings, Inc. is a financial holding company headquartered in Jericho, New York, with one branch office in Jericho, New York, and an administrative office in Boca Raton, Florida. Its wholly-owned subsidiary, Esquire Bank, National Association, is a full-service commercial bank serving the financial needs of the legal industry, small businesses nationally, and commercial and retail customers in the New York metropolitan area. The bank offers tailored products and solutions to the legal community and their clients, as well as dynamic and flexible payment processing solutions to small business owners.
The company's shares have experienced a -0.9% movement today and are currently trading at a price of $49.41.
The company's full 8-K submission is available here.
