Independent Bank Group, Inc. Declares & Increases Quarterly Dividend
January 26 2022 - 11:47AM
Business Wire
Independent Bank Group, Inc. (NASDAQ: IBTX) announced that its
Board of Directors has declared a quarterly cash dividend in the
amount of $0.38 per share of common stock. The dividend will be
payable on February 17, 2022 to stockholders of record as of the
close of business on February 10, 2022. The dividend is an increase
of $0.02, or 5.6%, from the previous quarterly dividend of $0.36
per share.
About Independent Bank Group
Independent Bank Group, Inc. is a bank holding company
headquartered in McKinney, Texas. Through its Independent Financial
brand, Independent Bank Group serves customers across Texas and
Colorado with a wide range of relationship-driven banking services
tailored to meet the needs of businesses, professionals and
individuals. Independent Bank Group operates in four market regions
located in the Dallas/Fort Worth, Austin and Houston areas in Texas
and the Colorado Front Range area, including Denver, Colorado
Springs and Fort Collins.
Forward-Looking Statements
This communication contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995
regarding the financial condition, results of operations, business
plans and the future performance of Independent Bank Group, Inc.
(“IBTX”). Words such as “anticipates,” “believes,” “estimates,”
“expects,” “forecasts,” “intends,” “plans,” “projects,” “could,”
“may,” “should,” “will” or other similar words and expressions are
intended to identify these forward-looking statements. These
forward-looking statements are based on IBTX’s current expectations
and assumptions regarding IBTX’s business, the economy, and other
future conditions. Because forward-looking statements relate to
future results and occurrences, they are subject to inherent
uncertainties, assumptions, risks, and changes in circumstances
that are difficult to predict. Many possible events or factors
could materialize or IBTX’s underlying assumptions could prove
incorrect and affect IBTX’s future financial results and
performance and could cause actual results or performance to differ
materially from anticipated results or performance. Such risks and
uncertainties include, among others, risks relating to the
coronavirus (COVID-19) pandemic and its effect on U.S. and world
financial markets, potential regulatory actions, changes in
consumer behaviors and impacts on and modifications to the
operations and business of IBTX relating thereto, and the business,
economic and political conditions in the markets in which IBTX
operates. Except to the extent required by applicable law or
regulation, IBTX disclaims any obligation to update such factors or
to publicly announce the results of any revisions to any of the
forward-looking statements included herein to reflect future events
or developments. Further information regarding IBTX and factors
which could affect the forward-looking statements contained herein
can be found in IBTX’s Annual Report on Form 10-K, for the fiscal
year ended December 31, 2020, its Quarterly Reports on Form 10-Q
for the periods ended March 31, 2021, June 30, 2021 and September
30, 2021 and its other filings with the Securities and Exchange
Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20220126005758/en/
Analysts/Investors: Paul Langdale Executive Vice
President, Corporate Development & Strategy (972) 562-9004
paul.langdale@ifinancial.com
Michelle Hickox Executive Vice President, Chief Financial
Officer (972) 562-9004 michelle.hickox@ifinancial.com
Media: Schwinn Feng Chief Marketing Officer (469)
301-2706 schwinn.feng@ifinancial.com
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