Civista Bancshares, Inc. Declares Fourth Quarter Common Dividend
Civista Bancshares (NASDAQ: CIVB) has declared a quarterly dividend of 16 cents per common share, payable November 19, 2024, to shareholders of record November 5, 2024.
Sentiment and the balance of points
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Rhea-AI Summary
Civista Bancshares (NASDAQ: CIVB) has declared a quarterly dividend of 16 cents per common share, payable November 19, 2024, to shareholders of record November 5, 2024. The dividend totals approximately $2.5 million and represents an annualized yield of 3.59% based on the October 25, 2024 closing price of $17.84. Civista is a $4.0 billion financial holding company operating 43 locations across Ohio, Southeastern Indiana and Northern Kentucky, offering banking, commercial lending, mortgage, and wealth management services.
Positive
- Quarterly dividend payment of $2.5 million to shareholders
- Attractive dividend yield of 3.59%
- Strong asset base of $4.0 billion
- Extensive network of 43 locations across three states
Negative
- None.
Details
News Market Reaction – CIVB
The recorded move for CIVB in the trading session of this news was +3.70%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
This dividend represents a payout of approximately
About Civista Bancshares, Inc.:
Civista Bancshares, Inc., is a
This press release may contain forward-looking statements regarding the financial performance, business prospects, growth and operating strategies of Civista. For these statements, Civista claims the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Statements in this press release should be considered in conjunction with the other information available about Civista, including the information in the filings we make with the Securities and Exchange Commission.
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SOURCE Civista Bancshares, Inc.
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