CORNELIUS, N.C., Nov. 08, 2016 (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 fourth annual cash dividend in the amount of 10.5 cents per share to shareholders of record as of December 8, 2016. The dividend is payable on December 22, 2016.
CEO and President of Aquesta Financial Holdings, Inc., 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 has increased for the third consecutive year our annual cash dividend – as adjusted for stock splits. This level of dividend allows us to reward our shareholders today while retaining sufficient capital to fund our continued growth.”
Aquesta’s subsidiary, Aquesta Bank, has branches in Cornelius, Davidson, Huntersville, Mooresville, Charlotte, and its newest branch in Wilmington, North Carolina. Aquesta Insurance Services, Inc. ---an independent agency--- has offices in Cornelius, Mooresville and Wilmington.
For additional information, please contact Jim Engel, CEO and President of Aquesta Financial Holdings, Inc. at 704-439-4343 or visit us online at www.aquesta.com.