SAN JOSE, California, Jan. 23, 2025 (GLOBE NEWSWIRE) — Patrimonial Trade Corp (Nasdaq: NASDAQ:), the parent company of Heritage Bank of Commerce, announced today that its board of directors had declared its regular quarterly cash dividend of $0.13 per share to holders of its common stock. The dividend will be paid on February 20, 2025 to shareholders of record as of the close of business on February 6, 2025. Heritage Commerce Corp has paid a cash dividend each quarter since 2013.
“We continue to provide our shareholders with a consistent cash dividend while executing our strategic plan,” said Clay Jones, president and CEO.
Heritage Trading Corporationa bank holding company established in October 1997, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA, with full-service branches in Danville, Fremont, Gilroy, Hollister, Livermore, Los Altos, Los Gatos, Morgan Hill, Oakland, Palo Alto, Pleasanton, Redwood (NYSE 🙂 City, San Francisco, San Jose, San Mateo, San Rafael and Walnut Creek. Heritage Bank of Commerce is a lender SBA Preferred (LON:). Bay View Funding, a subsidiary of Heritage Bank of Commerce, is headquartered in San Jose, CA, and provides essential working capital factoring financing for various industries throughout the United States. For more information, visit www.heritagecommercecorp.com. The content of our website is not incorporated into or part of this release or our filings with the Securities and Exchange Commission.
Member FDIC
For additional information, contact:
Debbie Reuters
Executive Vice President, Corporate Secretary
Direct: (408) 494-4542
Debbie.Reuter@herbank.com
Source: Heritage Commerce Corp.