{"id":1300,"date":"2020-04-23T12:00:00","date_gmt":"2020-04-23T12:00:00","guid":{"rendered":"https:\/\/accord.galambos-dev.com\/?p=1300"},"modified":"2025-01-06T14:13:14","modified_gmt":"2025-01-06T20:13:14","slug":"accord-declares-quarterly-dividend-of-5-cents-per-share","status":"publish","type":"post","link":"https:\/\/accordfinancial.com\/staging\/accord-declares-quarterly-dividend-of-5-cents-per-share\/","title":{"rendered":"Accord Declares Quarterly Dividend of 5 Cents per Share"},"content":{"rendered":"\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Simon Hitzig, the Company\u2019s President and CEO advised, &#8220;We\u2019re in a period of unparalleled economic disruption. We entered the economic downturn with a well-diversified portfolio and strong capital base, but the length and scale of the disruption remains to be seen.\u201d Mr. Hitzig added, \u201cWe\u2019ve chosen to decrease the quarterly dividend for two reasons: first, to retain more capital in the business, maintaining balance sheet strength through this challenging period, and second, to make sure we can capitalize on the growth opportunities we\u2019re beginning to see as some of our competitors back away.\u201d<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Accord Financial Corp. (TSX \u2013 ACD) (\u201cAccord\u201d or the \u201cCompany\u201d) today announced that its Board of Directors&#8230;<\/p>\n","protected":false},"author":1,"featured_media":3758,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139],"tags":[],"location":[8],"class_list":["post-1300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","location-toronto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>04\/23\/2020 | Accord Declares Quarterly Dividend of 5 Cents per Share | Accord Financial<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/accordfinancial.com\/staging\/accord-declares-quarterly-dividend-of-5-cents-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"04\/23\/2020 | Accord Declares Quarterly Dividend of 5 Cents per Share | Accord Financial\" \/>\n<meta property=\"og:description\" content=\"Accord Financial Corp. 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