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Aquesta declares 7th consecutive annual dividend

Oct. 18. Aquesta Financial Holdings has declared its seventh consecutive annual cash dividend to shareholders of record as of Nov. 4. The 11 cent dividend is payable on Nov. 18.

“We are very pleased that Aquesta continues to show strong earnings and loan growth. In recognition of outstanding results, our Board has authorized the seventh consecutive annual cash dividend. The dividend has been increased each year – adjusted for stock splits. This level of dividend allows us to reward our shareholders today while retaining sufficient capital to fund our continued growth,” said CEO Jim Engel.

Aquesta’s primary subsidiary, Aquesta Bank, has branches in Cornelius, Davidson, Huntersville, Mooresville, Charlotte, and Wilmington, North Carolina, and loan production offices in Raleigh, North Carolina and Charleston and Greenville, South Carolina.

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