By Connor Hart
USCB Financial Holdings raised its dividend to 10 cents from 5 cents.
The new payout, equal to 40 cents a year, represents an annual yield of about 2.1% based on Tuesday's closing price of $18.78.
The Miami-based holding company for U.S. Century Bank said the higher dividend will be paid March 5 to shareholders of record as of Feb. 14.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
January 21, 2025 18:18 ET (23:18 GMT)
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