Berkshire Hills Bancorp Approves Quarterly Dividend of $0.18 per Share

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) recently announced that its Board of Directors has given the green light for a quarterly cash dividend of $0.18 per common share. Shareholders as of the record date, November 14, 2024, will be eligible for the dividend, which is scheduled to be paid out on November 27, 2024.

The Company has released further details on this dividend announcement via its Investor Relations website at ir.berkshirebank.com.

In considering recent comparable financial actions, Moog Inc. (NYSE: MOG.A and MOG.B) also declared a quarterly dividend of $0.28 per share on its Class A and Class B common stock. The dividend will be distributed on December 6, 2024, to shareholders of record as of November 21, 2024, totaling approximately $9 million in net cash utilization. Future dividend decisions for Moog Inc. will be at the discretion of its Board of Directors.

Moog Inc. is globally recognized as a designer, manufacturer, and integrator of precision control components and systems, catering to various industries such as military and commercial aviation, satellites, defense systems, automated industrial machinery, among others. For more information on Moog Inc., visit www.moog.com.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Berkshire Hills Bancorp’s 8K filing here.

Berkshire Hills Bancorp Company Profile

Berkshire Hills Bancorp, Inc operates as the bank holding company for Berkshire Bank that provides various banking products and services in the United States. The company provides various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts.