CNB Financial Corporation Announces Quarterly Dividend for Common Stock

Rhea-AI Summary

CNB Financial Corporation (Nasdaq: CCNE) has declared a quarterly cash dividend of $0.175 per share, payable on December 15, 2021, to shareholders of record as of December 1, 2021. The company, with consolidated assets of approximately $5.2 billion, operates primarily through CNB Bank, which provides a full range of banking services including trust and wealth management across multiple states. CNB Bank comprises various divisions including ERIEBANK, FCBank, and BankOnBuffalo.

Positive

• Dividend declared at $0.175 per share, reflecting company profitability and commitment to returning income to shareholders.

Negative

• None.

News Market Reaction – CCNE

+1.35%

1 alert

+1.35% News Effect

On the day this news was published, CCNE gained 1.35%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CLEARFIELD, Pa., Nov. 09, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a $0.175 per share of common stock quarterly cash dividend payable on December 15, 2021 to common stock shareholders of record as of December 1, 2021.

CNB Financial Corporation is a financial holding company with consolidated assets of approximately $5.2 billion. CNB Financial Corporation conducts business primarily through its principal subsidiary, CNB Bank. CNB Bank is a full-service bank engaging in a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental, and institutional customers. CNB Bank operations include a private banking division, two loan production offices, one drive-up office and 44 full-service offices in Pennsylvania, Ohio, New York and Virginia. CNB Bank’s divisions include ERIEBANK, based in Erie, Pennsylvania, with offices in northwest Pennsylvania and northeast Ohio; FCBank, based in Worthington, Ohio, with offices in central Ohio; BankOnBuffalo, based in Buffalo, New York, with offices in western New York; and Ridge View Bank, with a loan production office in Roanoke, Virginia. CNB Bank is headquartered in Clearfield, Pennsylvania, with offices in central and north central Pennsylvania. Additional information about CNB Financial Corporation may be found at www.CNBBank.bank.

FAQ

What is the dividend amount for CCNE in December 2021?

The dividend amount for CCNE is $0.175 per share.

When is the dividend for CCNE payable?

The dividend for CCNE is payable on December 15, 2021.

What is the record date for CCNE's dividend?

The record date for CCNE's dividend is December 1, 2021.

How often does CCNE pay dividends?

CCNE pays dividends quarterly.