CIVISTA BANCSHARES, INC. DECLARES SECOND QUARTER COMMON DIVIDEND
Civista Bancshares (NASDAQ: CIVB) has announced its second quarter dividend declaration of 17 cents per common share, maintaining the same level as the previous quarter.
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Rhea-AI Summary
Civista Bancshares (NASDAQ: CIVB) has announced its second quarter dividend declaration of 17 cents per common share, maintaining the same level as the previous quarter. The dividend will be payable on May 13, 2025, to shareholders of record as of April 29, 2025, representing a total payout of approximately $2.7 million.
Based on Civista's closing stock price of $19.54 on March 31, 2025, this quarterly dividend yields an annualized return of 3.38%. The company, headquartered in Sandusky, Ohio, operates as a $4.1 billion financial holding company with 42 locations across Ohio, Southeastern Indiana, and Northern Kentucky through its primary subsidiary, Civista Bank, which was established in 1884.
Positive
- Maintained stable quarterly dividend of 17 cents per share
- Attractive annualized dividend yield of 3.38%
- Substantial quarterly dividend payout of $2.7 million
- Strong regional presence with 42 locations across three states
Negative
- No dividend increase compared to previous quarter
Details
News Market Reaction – CIVB
The recorded move for CIVB in the trading session of this news was +1.90%.
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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