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Aquesta Financial announces cash dividend

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Nov. 8. Aquesta Financial, parent of Aquesta Bank, has declared a cash dividend of 10.5 cents per share to shareholders of record as of Dec. 8, 2016. The dividend, its fourth annual cash payment to shareholders, is payable on Dec. 22.

“We are very pleased that Aquesta continues to show strong earnings and loan growth. In recognition of these outstanding results, our Board has increased for the third consecutive year our annual cash dividend – as adjusted for stock splits. This level of dividend allows us to reward our shareholders today while retaining sufficient capital to fund our continued growth,” said Jim Engel, CEO

Aquesta Bank, has branches in Cornelius, Davidson, Huntersville, Mooresville, Charlotte and Wilmington. Aquesta Insurance Services has offices in Cornelius, Mooresville and Wilmington.

 

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