City holding director Reyes Javier A acquires $13,539 in stock

Published 08/05/2025, 16:36
City holding director Reyes Javier A acquires $13,539 in stock

On May 7, 2025, Reyes Javier A, a director at City Holding Co (NASDAQ:CHCO), purchased common stock valued at $13,539. The acquisition involved 116 shares at a price of $116.72 per share. According to InvestingPro data, the stock currently trades at a P/E ratio of 14.7x and shows strong financial health with a "GOOD" overall rating. Following this transaction, Javier A’s total direct ownership in the company stands at 1,617 shares. This transaction was conducted under a pre-arranged 10b5-1 trading plan. The company has maintained dividend payments for 24 consecutive years, with a current yield of 2.71%. Five analysts have recently revised their earnings estimates upward for the upcoming period, suggesting positive momentum. InvestingPro offers additional insights on insider trading patterns and company fundamentals.

In other recent news, City Holding Company announced a dividend declaration of $0.79 per common share, as reported in a recent filing with the Securities and Exchange Commission. The dividend is set for shareholders of record as of April 15, 2025, with the payment scheduled for April 30, 2025. This announcement is in line with City Holding’s history of providing shareholder value through regular dividend payouts. The company’s decision to declare this dividend underscores its financial stability and performance in the sector. Investors often view such announcements as a sign of a company’s financial health and management’s confidence in its future cash flows. The dividend declaration is part of City Holding’s routine financial management and reflects its ongoing commitment to returning capital to investors. This development is recorded in the company’s latest 8-K filing, ensuring transparency and timely dissemination of important corporate information. The filing serves as an official record of significant corporate events that could interest City Holding’s shareholders and the broader investment community.

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