KALISPELL, Mont., Sept. 11, 2017 (GLOBE NEWSWIRE) -- Glacier Bancorp, Inc.'s (NASDAQ GS:GBCI) Board of Directors, at a meeting held on September 11, 2017, declared a quarterly dividend of $.21 per share and a special dividend of $.30 per share.
The Company has declared 130 consecutive quarterly dividends and has increased the quarterly dividend 41 times. The quarterly dividend is payable on September 28, 2017, to owners of record on September 21, 2017.
This is the 14th special dividend that Glacier Bancorp has declared reflecting the Company’s strong performance and capital ratios. The special dividend is payable on September 29, 2017, to owners of record on September 22, 2017.
The decision to pay both the quarterly dividend and a special dividend in the third quarter of 2017 is part of the Company’s strategy to stay below $10 billion in total assets this year.
Glacier Bancorp, Inc. is the parent company for Glacier Bank, Kalispell and bank divisions First Security Bank of Missoula; Valley Bank of Helena; Big Sky Western Bank, Bozeman; Western Security Bank, Billings; and First Bank of Montana, Lewistown; all operating in Montana; as well as Mountain West Bank, Coeur d’Alene, with operations in Idaho, Utah and Washington; 1st Bank, Evanston, operating in Wyoming and Utah; Citizens Community Bank, Pocatello, operating in Idaho; Bank of the San Juans, Durango, operating in Colorado; First Bank of Wyoming, Powell, and First State Bank, Wheatland, both operating in Wyoming; North Cascades Bank, Chelan, with operations in Washington; and The Foothills Bank, Yuma, with operations in Arizona.