Community Heritage Financial, Inc. Declares Quarterly Dividend for First Quarter 2025

On April 21, 2025, Community Heritage Financial, Inc. (OTCPK: CMHF) announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share on its common stock. This dividend will be paid to shareholders on May 9, 2025, with the record date set for May 2, 2025.

About Community Heritage Financial, Inc.

Community Heritage Financial, Inc. serves as the parent company of Middletown Valley Bank, a well-established institution that has been delivering personal and business banking services since its inception in 1908. The bank not only offers straightforward banking solutions but also focuses on mortgage lending through its wholly-owned subsidiary, Millennium Financial Services, Inc. (Mlend).

Operating primarily out of Middletown, Maryland, the bank has expanded its reach and now operates in several counties, including Frederick, Washington, and Garrett in Maryland, alongside an office in Franklin County, Pennsylvania. This expansion showcases the bank's commitment to serving a diverse customer base with various financial needs.

Financial Growth and Commitment to Shareholders

The recent dividend announcement highlights the organization's consistent performance and commitment to shareholder value. The declared dividend reflects the company's ongoing financial health and operational success, as seen in previous earnings reports. Notably, Community Heritage Financial reported a remarkable 54% increase in earnings for the year ended 2024, underlining its ability to enhance shareholder returns even amid the economic challenges faced by the industry.

The decision to issue dividends is often viewed favorably by investors, providing a tangible return on their investment. With this latest announcement, Community Heritage Financial not only solidifies its financial stability but also emphasizes its strategy of returning profits to its shareholders.

Moving Forward

As Community Heritage Financial continues to navigate the ever-evolving banking landscape, the focus on delivering reliable services remains at the forefront of its operations. The upcoming dividend payment signifies not just a reward for current shareholders but also serves to attract potential investors seeking stable returns.

For more detailed information about the company's operations and financial performance, visit their official websites at www.communityheritageinc.com and www.mvbbank.com. Shareholders and interested investors are encouraged to stay informed about future developments as the company aims to sustain growth while effectively managing its resources for long-term success.

Investor Relations Contact

For inquiries regarding this announcement or further financial information, stakeholders can reach out to:

Community Heritage Financial, Inc.
Robert E. (BJ) Goetz, Jr.
President & Chief Executive Officer
Phone: 301-371-3055
Email: [email protected]

This announcement is a clear indication of Community Heritage Financial's strong footing in the banking sector and reflects its ongoing commitment to both its shareholders and customers alike.

In conclusion, the declaration of a dividend represents a positive step in enhancing investor confidence and demonstrating the company’s financial viability in a competitive market.