NYSE:NTBBanks
Should Butterfield’s (NTB) Dividend Hike and Buyback Signal Stronger Commitment to Shareholder Returns?
The Bank of N.T. Butterfield & Son Limited recently reported higher second quarter and half-year earnings, increased its quarterly dividend by 14% to US$0.50 per share, approved a new share buyback program, and appointed a new independent director with extensive offshore financial sector expertise.
These combined actions highlight a continued focus on shareholder returns and governance as the company builds on solid financial results and advances in its capital management activities.
With a...