Associated Banc-Corp Declares Quarterly Dividends for Shareholders
On January 28, 2025, the Board of Directors of Associated Banc-Corp, a significant player in the Midwest banking landscape and traded under NYSE: ASB, announced a regular quarterly cash dividend of $0.23 for each common share. This dividend is scheduled to be paid on March 17, 2025, to those shareholders on record at the close of business on March 3, 2025. In addition to common shares, Associated Banc-Corp declared quarterly cash dividends for its preferred stock as well. Specifically, a cash dividend of $0.3671875 per depositary share on the 5.875% Series E Perpetual Preferred Stock and $0.3515625 per depositary share on the 5.625% Series F Perpetual Preferred Stock have also been announced, both set to pay out on the same date to shareholders recorded by March 3, 2025.
Associated Banc-Corp, headquartered in Green Bay, Wisconsin, is recognized as the largest bank holding company in the state, boasting total assets of around $43 billion. The bank operates nearly 200 locations across over 100 communities in Wisconsin, Illinois, and Minnesota, offering a comprehensive range of financial services. Their footprint also extends to loan production offices in Indiana, Michigan, Missouri, New York, Ohio, and Texas, showcasing their regional influence.
The timing of this dividend announcement aligns well with the growing confidence in the financial landscape, as dividends are often seen as a reflection of a company’s financial health and its commitment to returning value to its shareholders. The consistent declaration of dividends such as these not only supports the company’s image as a reliable financial institution but also reassures investors of its profitability and ongoing operational strength.
Looking ahead, Associated Banc-Corp is positioned to continue its robust dividend strategy, which is a pivotal aspect of its overall financial policy and an integral part of its relationship with investors. By maintaining regular dividends, the company underscores its commitment to investor returns and confidence in its financial strategies moving forward.
Investors and stakeholders are advised to keep an eye on the upcoming payment date and ensure that they are on record by the deadline to benefit from these distributions. For further details on Associated Banc-Corp's operations and announcements, visit their official website at www.associatedbank.com.
This stable approach to dividend announcements is indicative of a company that not only values maintaining shareholder trust but is also strategically positioned within the financial sector, making Associated Banc-Corp a key player in the Midwest banking industry.