Ukraine proposes $100 bln US weapons deal for security guarantees - FT
GRAND RAPIDS, Mich. - Northpointe Bancshares, Inc. (NYSE:NPB) announced Monday that its Board of Directors has declared a quarterly cash dividend of $0.025 per common share. The dividend represents a 0.68% yield based on the current share price of $14.78, which is trading near its 52-week high according to InvestingPro data.
The dividend will be payable on August 4, 2025, to stockholders of record as of July 15, 2025, according to a company press release.
Northpointe Bancshares is the holding company of Northpointe Bank, which provides home loans and retail banking products across the United States. The company is headquartered in Grand Rapids, Michigan.
This quarterly dividend announcement represents a routine capital return to shareholders as part of the company’s ongoing financial operations.
In other recent news, Northpointe Bancshares, Inc. has declared a quarterly cash dividend of $0.025 per share, scheduled for payment on May 2, 2025, to shareholders of record as of April 15, 2025. This announcement is part of the company’s ongoing efforts to deliver value to its shareholders. Additionally, Northpointe Bancshares has approved new employment agreements for four of its executive officers, including Amy M. Butler and David J. Christel. The agreements, effective June 26, include base salaries and incentive compensation plans, with terms set for three years and automatic renewals unless otherwise noted. Executives are eligible for severance payments under certain conditions, particularly in the event of a change in control. The agreements also specify conditions for severance benefits, such as signing a separation agreement. These developments reflect Northpointe Bancshares’ strategic initiatives to support both its leadership team and shareholder interests.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.