CORNELIUS, N.C., Nov. 13, 2014 (GLOBE NEWSWIRE) -- Aquesta Financial Holdings, Inc and Subsidiaries ("Aquesta") (OTC Markets symbol AQFH) announced today that its Board of Directors has declared the payment of Aquesta's second annual cash dividend in the amount of 11 cents per share to shareholders of record as of December 2, 2014. The dividend is payable on December 17, 2014.
CEO and President of Aquesta Bank, Jim Engel, stated "We are very pleased that Aquesta continues to show strong earnings and loan growth. In recognition of these outstanding results, our Board of Directors has chosen to increase the annual cash dividend by 10 percent over the prior year. The Board recognizes the importance of rewarding our shareholders for their support as Aquesta continues to grow."
Aquesta's subsidiary, Aquesta Bank, has branches in Cornelius, Davidson, Huntersville and Mooresville. Aquesta Insurance Services, Inc. ---an independent agency--- has offices in Cornelius, Kannapolis, Mooresville and Wilmington.
For additional information, please visit us online at www.aquesta.com.