SAN JOSE, Calif., Jan. 25, 2018 (GLOBE NEWSWIRE) -- Heritage Commerce Corp(Nasdaq:HTBK), today announced that its Board of Directors increased the quarterly cash dividend 10% to $0.11 per share to holders of common stock. The dividend will be payable on February 22, 2018, to shareholders of record at close of business day on February 8, 2018.
Heritage Commerce Corp, a bank holding company established in February 1998, is the parent company of Heritage Bank of Commerce, established in 1994 and headquartered in San Jose, CA with full-service branches in Danville, Fremont, Gilroy, Hollister, Los Altos, Los Gatos, Morgan Hill, Pleasanton, San Jose, Sunnyvale, and Walnut Creek. Heritage Bank of Commerce is an SBA Preferred Lender. Bay View Funding, a subsidiary of Heritage Bank of Commerce, is based in Santa Clara, CA and provides business-essential working capital factoring financing to various industries throughout the United States. For more information, please visit www.heritagecommercecorp.com.
Heritage Commerce Corp
Executive Vice President and Corporate Secretary
Source: Heritage Commerce Corp